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Latest: Asia Stock Market News

Firms May Abandon Net-Zero Plans Amid Carbon Offset Uncertainty
Firms May Abandon Net-Zero Plans Amid Carbon Offset Uncertainty

A recent report saying carbon offsets were ‘largely ineffective’ could lead firms to abandon or pare back investment in nature and carbon removals

MSCI Culls Another 60 Chinese Stocks From Its Indexes
MSCI Culls Another 60 Chinese Stocks From Its Indexes

Some 56 companies trading on exchanges on mainland China and four in Hong Kong will be removed from the MSCI China Index at the end of August, MSCI said

Indian Regulator Recalls Competition Probe Reports on Apple
Indian Regulator Recalls Competition Probe Reports on Apple

India's Competition Commission issues unusual order after US tech giant complained that its commercial secrets had been revealed to rivals

Nikkei Surges on Tech Lift, Hang Seng Ahead Despite China Woes
Record Number of Citizens Leave New Zealand as Economy Slows
Sales of EVs up 21% Worldwide in July, as China Growth Rises
New Hindenburg Report Wipes up to $13 Billion Off Adani Firms
China Says HK Ship Destroyed Baltic Gas Pipeline by Accident
China to Extend Loan Programme For Companies to Cut Emissions
China’s Bond Market on Edge as PBOC Takes on Bull Investors

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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