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Latest: Asia Stock Market News

Carbon Credit Scheme Targets Coal Plants For Early Retirement
Carbon Credit Scheme Targets Coal Plants For Early Retirement

The Rockefeller Foundation's Coal to Clean Credits Initiative aims to use carbon finance to help close coal plants earlier than scheduled and replace them with renewable power

Satellite Images Show Huawei’s Expanding Chip Facilities – FT
Satellite Images Show Huawei’s Expanding Chip Facilities – FT

Huawei is making an "an unprecedented effort to develop every part of the AI supply chain domestically," one expert told the Financial Times

Shein, Temu Go Aggressive on Europe Expansion as US Tariffs Hit
Shein, Temu Go Aggressive on Europe Expansion as US Tariffs Hit

The two fast-fashion platforms have boosted their spending on digital ads in Europe in April, with a major focus on France and the United Kingdom

US Lawmakers Push Location-Tracking For High Powered AI Chips
Asian Currencies Soar as Investors Dump The US Dollar
Trump Will Extend TikTok Ban Deadline Again as Tariffs Stall Deal
‘Trump Factor’ Helps Australia’s Centre-Left Party Win Re-Election
Japan Tells US: No Trade Deal Unless Auto Tariffs Reviewed
Foreign Retailers Give up on US as Tax on Small Parcels Starts
China Says It’s Assessing Possible Trade Talks With The US

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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