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Latest: Asia Stock Market News

China ‘May Issue $1.4 Trillion in Extra Debt Over a Few Years’
China ‘May Issue $1.4 Trillion in Extra Debt Over a Few Years’

Beijing may approve the issuance of debt totaling $1.4 trillion next week to bail out local governments, but the amount could be raised if Trump wins the US election

Foreign Firms Scale Down Plans as China’s Economy Weakens
Foreign Firms Scale Down Plans as China’s Economy Weakens

With Chinese citizens limiting their spending, big foreign companies are changing their strategies, as a property crisis drags on and youth unemployment stays high

US Rules to Limit Investment in China’s Chips, Quantum and AI
US Rules to Limit Investment in China’s Chips, Quantum and AI

The new rules, to take effect in 2025, will ban US investment in three sectors: Chinas chips and microelectronics, quantum information tech and certain AI systems

iBanned: Sale of Apple’s iPhone 16 is Now ‘Illegal’ in Indonesia
Could Melting Glaciers Trigger Volcanic Eruptions? – Reuters
China Tightening Grip on Critical Minerals For Chips – NYT
Funding Gap Hurts Climate Talks While World Faces 3.1C Warming
Top Chinese Lawmakers to Meet in Week of US Election
Rio Tinto Signs Decarbonisation Deal With China’s Nanjing Steel
China Self-Driving Firm WeRide Gets $440m Via IPO, Placement

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Asia Financial Insights
Asia stock market insights, analysis, and guides from Asia Financial’s market and new economy experts.
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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