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Latest: Asia Stock Market News

Carbon Removal Credits in Short Supply As AI Firms Step Up Demand
Carbon Removal Credits in Short Supply As AI Firms Step Up Demand

Experts say the shortage triggered by surging demand is exactly what is needed to further drive up investment in the nascent market

China is ‘World’s Largest Creditor, Lends Most to US, Rich Nations’
China is ‘World’s Largest Creditor, Lends Most to US, Rich Nations’

China has switched its lending from aid and infrastructure to "sensitive industries" in advanced economies - high‑tech sectors like chips, AI and clean energy - and the US is now the biggest recipient, a new report says

EU To Reject India Demand For Carbon Tax Exemption — FT
EU To Reject India Demand For Carbon Tax Exemption — FT

Since much of Indian manufacturing is still dependant on coal-fired energy, its exporters will face a high new carbon tax of between 20%-35% in the EU

Samsung To Make Record Investments At Home Amid US Deal Fears
Japan’s Economy Contracts as Car Exports Sink in 3rd Quarter
Yttrium is Latest Rare Earth Concern as Global Supplies Fall
Japan’s Megabanks Raise Profit Forecasts as Deflation Eases
US, Korea Reveal Details on Building Ships and Nuclear Subs
China, HK, Japan Stocks All Sink as Tech, AI Selloff Continues
EU Keen to Stem Flood of Cheap China Parcels From Shein, Temu

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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