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Latest: Asia Stock Market News

World Underestimates Climate Breakdown Risks: Guterres – G’dian
World Underestimates Climate Breakdown Risks: Guterres – G’dian

Humanity is close to irreversible tipping points, as governments have not made deep cuts to greenhouse gas emissions, Guterres said

China ‘More Vulnerable to Trump Tariffs’ After Slowdown
China ‘More Vulnerable to Trump Tariffs’ After Slowdown

With total government, corporate and household debt estimated at three times of its economy, China has limited scope to manage big US tariff hikes

Canada Orders TikTok to Shut Offices in the Country – Reuters
Canada Orders TikTok to Shut Offices in the Country – Reuters

The decision comes after last year Ottawa began reviewing TikTok's plan to invest and expand its business in Canada

Scientists Say 2024 ‘Virtually Certain’ to be Hottest on Record
Russia Says Trump Win ‘Useful,’ China to ‘Continue Respect’
Concerns Over Trump Cutting Bilateral Meetings With China
Hang Seng Sinks, Nikkei Jumps as Investors Bet on Trump Trades
Trump Will Have Big Impacts on Trade, Climate Change, EVs
China Facing More Trade Rivalry as Trump Claims Poll Win
US Election: China’s Export Stocks, Yuan May Fall if Trump Wins

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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