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Latest: Asia Stock Market News

Toyota Plans Expanded Electric Vehicle Line-up for Europe
Toyota Plans Expanded Electric Vehicle Line-up for Europe

Car giant aims to have six new EV models in Europe by 2026, and also has a unit looking at hydrogen trucks and cars

China Evergrande Stock Jumps as Liquidation Hearing Put Off
China Evergrande Stock Jumps as Liquidation Hearing Put Off

Hong Kong court gives embattled developer a further 8 weeks to finalise a revamped debt restructuring proposal; judge says plan needs support from all classes of creditors

Only One Development Bank Vowing to Halt Funds for Fossil Fuels
Only One Development Bank Vowing to Halt Funds for Fossil Fuels

COP28 president Sultan Al Jaber also seen opposing the UN chief's call for a halt in the use of fossil fuels

Wealthy Families, Private Firms Moving Billions Out of China – NYT
Indonesia, ADB, Owners to Shut Coal Power Station Early
COP28: Over 110 Nations Join Deal to Triple Renewable Energy
US Pledges $3 Billion for Green Climate Fund at COP28
Microsoft Dismisses Dangerous AI Worry, Says Tech Decades Away
China Lithium Prices to Tank in 2024 Amid Global Supply Surge
Two Executives From China’s Zhongzhi Missing After Collapse

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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