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Latest: Asia Stock Market News

US Reveals Preliminary Duties on Solar Panels from SE Asia
US Reveals Preliminary Duties on Solar Panels from SE Asia

The US has announced preliminary tariffs to be imposed on solar panels developed by Chinese firms but exported from countries in Southeast Asia

Australian Extensions for Coal Mines Angers Pacific States
Australian Extensions for Coal Mines Angers Pacific States

The decision could hurt the Albanese government's chances of re-election next year – and kill Australia's chance of co-hosting a UN climate summit with island nations in 2026

OpenAI Staring at $5bn Loss While Revenue Soars 1,700% – CNBC
OpenAI Staring at $5bn Loss While Revenue Soars 1,700% – CNBC

The Microsoft-backed artificial intelligence leader is working on a funding round that could value the company at over $150 billion

Hang Seng Surges on Policy Bets, Middle East Weighs on Nikkei
Continued Fossil Fuel Investments Put $557 Trillion ‘At Risk’
Decline in China’s Solar Output Seen Due to Oversupply – PV Mag
EU Open to EV Tariff Talks With China Even After Friday Vote
Ishiba Confirmed as PM, Ahead of October 27 Snap Election
Weak ASEAN Nations ‘at Risk of Evolving Into Scamming States’
Bumps Ahead For Huawei in Race to Rival Nvidia With New AI Chip

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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