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Latest: Asia Stock Market News

Adani Scandal Ups Risk to Global Banks, India’s Renewables Push
Adani Scandal Ups Risk to Global Banks, India’s Renewables Push

Experts say Adani's indictment in the US for bribery and fraud is bound to make risk managers at big banks 'nervous' while increasing scrutiny on Indian renewable energy projects

China Expands Visa-Free Entry to Nine More Countries – AP
China Expands Visa-Free Entry to Nine More Countries – AP

Beijing is opening its doors wider to boost its economy; citizens from nine more countries will be able to travel to China for visa-free travel from next month

COP29 Finance Deal Aims For $250bn From Wealthy Nations
COP29 Finance Deal Aims For $250bn From Wealthy Nations

COP29 hosts released a new draft of a deal that would see developed nations take the lead in providing $250 billion a year by 2035, but the mood in Baku was grim on Friday

US Seeks Review, Changes to Undersea Telecom Cable Rules
China’s Huawei, SMIC ‘to Ramp Production’ of Newest AI Chip
Chinese Vessel Suspected of Cutting Baltic Subsea Cables
Australian Bill Will Ban Social Media for Children Under 16
Adani Stocks Plunge After US Charges For Bribery, Fraud
EU May Ask China For Clean Tech Knowhow in Return For Subsidies – FT
Economists Say Trump Won’t Hit China With 60% Tariffs Early On

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Markets: The Big Picture

ASML in the Centre of the Chip War

With a market cap of$240 billion, chipmaker ASML is Europe’s most valuable tech company. Its market-leading position comes from its monopoly in Extreme Ultraviolet Lithography (EUV) machines which allow chipmakers to make smaller, faster and smarter semiconductors