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Latest: Asia Stock Market News

Donald Trump Likely to Try to Block US TikTok Ban – WaPo
Donald Trump Likely to Try to Block US TikTok Ban – WaPo

A Trump aide said the president-elect 'appreciates the breadth and reach of TikTok' and that there were 'many ways to hold China to account'

Fossil Fuels Set to Drive Global Emissions to a Record, Yet Again
Fossil Fuels Set to Drive Global Emissions to a Record, Yet Again

The bulk of this year’s emissions are from burning coal, oil and gas and scientists say they don't see a sign of fossil fuel emissions peaking yet

Chipmakers Flee China, Shift to Vietnam Amid US-China Heat
Chipmakers Flee China, Shift to Vietnam Amid US-China Heat

The back-end segment of the chip industry, involving testing, assembly and packaging, is booming in Vietnam as companies shift away from China

China’s CATL Eyeing ‘Zero Carbon’ Power Grids, EV Platforms
We’d Build a Plant in US if Trump Permits: China Battery Boss
Bitcoin Surges Close to $90,000 on Trump Boost – Reuters
COP29 Takes a Step Towards UN-Backed Global Carbon Market
Uncertainty on Methane Emission Fee as Biden Term Nears End
SK Hynix Worker Jailed for Stealing Chip Tech – Korea Bizwire
China’s Subsidy Scheme Helps Boost Single’s Day Sales

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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