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Latest: Asia Stock Market News

Anglo Sells Australian Coal Mines to Peabody in $3.8bn Deal
Anglo Sells Australian Coal Mines to Peabody in $3.8bn Deal

British miner AngloAmerican has sold its Australian coal mines to Peabody, the US energy firm, for up to $3.8 billion

Adani Bonds Sink, Indian Parliament Shuts Amid Bribery Uproar
Adani Bonds Sink, Indian Parliament Shuts Amid Bribery Uproar

Prices of Adani bonds fell further on Monday, while parliament was suspended amid an uproar over US charges laid against billionaire Gautam Adani, who has close ties with PM Narendra Modi

Bangladesh Wants Legal Help For Probe Into Adani, Power Deals
Bangladesh Wants Legal Help For Probe Into Adani, Power Deals

Dhaka is reviewing its deal with Adani Power, as the firm has been charging Bangladesh a rate much higher than power producers in India

US Adds 30 More China Firms to Uyghur Forced Labour Blacklist
Adani Scandal Ups Risk to Global Banks, India’s Renewables Push
China Expands Visa-Free Entry to Nine More Countries – AP
COP29 Finance Deal Aims For $250bn From Wealthy Nations
US Seeks Review, Changes to Undersea Telecom Cable Rules
China’s Huawei, SMIC ‘to Ramp Production’ of Newest AI Chip
Chinese Vessel Suspected of Cutting Baltic Subsea Cables

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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