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Latest: Asia Stock Market News

Meta Deal with Brazilian Bank for Forestry Carbon Removal Credits
Meta Deal with Brazilian Bank for Forestry Carbon Removal Credits

Tech giant agreed to buy up to 3.9 million carbon offset credits from BTG Pactual's forestry arm through till 2038 in a deal likely valued about $16m

Nearly Half of Gen Z Wish TikTok Was Never Invented: US Poll
Nearly Half of Gen Z Wish TikTok Was Never Invented: US Poll

Survey confirms young adults worry about the addictive nature of social media. Meanwhile, the US and other are moving to make online platforms more safe and healthy for kids

Nikkei, Hang Seng, China Stocks Advance on US Rate Cut Boost
Nikkei, Hang Seng, China Stocks Advance on US Rate Cut Boost

The US Federal Reserve’s 50-basis-point rate cut pushed the yen down and opened the door to more stimulus efforts by Beijing

Rising India Overtakes China in Key MSCI Equities Index
Microsoft, BlackRock Launch $30 Billion AI Supply Chain Fund
Stocks Cheer China Chipmaking ‘Breakthrough’ But Experts in Doubt
Hanoi Told Use of China Subsea Cable Firms May Hurt Investment
China Puts Property Freeze on US Firms Tied to Taiwan Weapons
Fears of Tech Warfare Intensify as Pagers Kill 12, Injure 3,000
Nikkei Rebounds as Yen Slides, China Stocks U-Turn on Rate Bets

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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