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Latest: Asia Stock Market News

EU Urges China to Commit to Renewable and Methane Targets
EU Urges China to Commit to Renewable and Methane Targets

EU Energy Commissioner keen for Beijing to back global plan to cut methane and commit to tripling of renewable energy capacity by 2030, but the two sides have concerns on other issues as well

China Renames ‘Tibet’ as ‘Xizang’ in Official Papers – RFA
China Renames ‘Tibet’ as ‘Xizang’ in Official Papers – RFA

Beijing's move to rename the Himalayan region this week has been condemned as a bid to legitimize its takeover of Tibet and counter claims to the area by the Dalai Lama and his followers

Hang Seng Lifted by Banks Boost, Bargain-Buyers Drive Nikkei
Hang Seng Lifted by Banks Boost, Bargain-Buyers Drive Nikkei

Investors were betting on the US Fed easing back on its rates campaign soon while new China stimulus also contributed to the optimism on trading floors

EU’s China Steel Subsidy Review ‘is Against Global Trade Norms’
China Curbs Brokerage Accounts in Bid to Stop Capital Outflows
Indian Regulator Seen Probing Adani’s Ties With Gulf Asia Fund
China Frees Australian Reporter Cheng Lei After 3 Years in Jail
Nikkei, Hang Seng, China Stocks Lifted by Fed Easing Hopes
Hong Kong Battles to Boost Appeal, Business After Clampdown
Israel-Hamas War Casts Long Shadow Over China’s BRI Stocks

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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