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Latest: Asia Stock Market News

G20 Countries Reach ‘Fragile Consensus’ on Climate Finance
G20 Countries Reach ‘Fragile Consensus’ on Climate Finance

The breakthrough will remain overshadowed by the return to power of Donald Trump, who believes climate change is a hoax and aims to pull the United States out of the Paris climate agreement

More Dead as Philippines Hit by Sixth Typhoon in a Month – ABC
More Dead as Philippines Hit by Sixth Typhoon in a Month – ABC

Super typhoon Man-yi was the sixth tropical cyclone to hit Luzon, the Philippines' main island, in a month. Forecasters say storms are becoming more intense and more frequent

Trump’s Plan to Kill EV Tax Credits ‘Could Benefit China’
Trump’s Plan to Kill EV Tax Credits ‘Could Benefit China’

The tax credit rules were aimed at lowering the US’ reliance on China's supply chains and could hurt America's hope of becoming a 'global leader' in electric vehicles, critics say

China’s Country Garden Has ‘Given Debt Rejig Plan to Creditors’
Tata ‘to Take Majority Stake in Pegatron iPhone Plant in India’
Biden, Xi Agree Humans, Not AI, Must Make Decisions on Nukes
COP29: What Will Donald Trump Mean For Global Carbon Markets?
US Signs Off on $6.6bn Chips Deal With TSMC, Others Coming
Elon Musk Said to Back Trump’s Plan to Kill Biden’s EV Tax Credit
Xi Jinping Opens Chinese Port in Peru on Way to APEC, G20

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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