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Latest: Asia Stock Market News

EU Strikes a Pricey Deal With Trump to Avert a Trade War
EU Strikes a Pricey Deal With Trump to Avert a Trade War

EU agrees to invest $600 billion and buy more US products in return for Trump halving his threatened tariff on most European goods to 15%

US, China Set For Talks in Stockholm on Tariff Truce Extension
US, China Set For Talks in Stockholm on Tariff Truce Extension

A 90-day extension would slow escalation and help planning for a possible meeting between Trump and Xi Jinping in October or early November

Australian Court Ends Coal Mine Approval After ICJ Climate Ruling
Australian Court Ends Coal Mine Approval After ICJ Climate Ruling

A day after the ICJ ruling, a court In Sydney struck down a bid by an Indonesian firm to extend the life of a huge coal mine. A global legal avalanche may have begun

CK Hutchison Ports Deal Deeply Entangled in US-China Trade War
UN Court Lays Ground For Action Against Countries’ Climate Inaction
China’s Actions on Ukraine Will Determine Relations, EU Warns
India’s Modi Shows His Preference: a Free-Trade Pact With Britain
Clashes Along Disputed Thai-Cambodian Border Claim 10 Lives
Central Banks Unprepared For Climate-Driven Labour Shocks: LSE
Marcos Wins Small Tariff Cut as Philippines Opens to US Imports

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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