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Latest: Asia Stock Market News

Hundreds of Billions for Climate Change Seen as ‘Realistic Goal’
Hundreds of Billions for Climate Change Seen as ‘Realistic Goal’

Negotiators will fly to Azerbaijan next month for the COP29 summit to discuss a new funding goal to replace wealthy nations' vow to provide $100 billion a year in climate finance to developing nations

Tariffs on Chinese EVs Will Speed up EU Plant Closures: Tavares
Tariffs on Chinese EVs Will Speed up EU Plant Closures: Tavares

Stellantis CEO Carlos Tavares says the EU's hefty tariffs will push Chinese carmakers to build facilities in Europe – and that could add to the problem of China's industrial overcapacity

China Eyes $850bn 3-Year Bond Issue to Lift Slowing Economy
China Eyes $850bn 3-Year Bond Issue to Lift Slowing Economy

Beijing plans to issue 6 trillion yuan ($850bn) in special bonds to boost the economy over the next three years, a new report says

Energy Emissions Set to Peak But ‘Not in Time’ For Climate Goals
China’s Trade Slows, as Exports and Imports Sink in September
Ambani Plan to Outbid Musk, Seeks Satellite Spectrum Auction
China Sees Deflationary Pressure, Weak Consumer Inflation
China Pushing For a Bigger Say on Prices of Global Metals
ASEAN Seeks End to Myanmar War, Swift Deal on S China Sea
Indonesia Moves to Block China’s Temu to Protect Small Merchants

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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