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Latest: Asia Stock Market News

US Rules to Limit Investment in China’s Chips, Quantum and AI
US Rules to Limit Investment in China’s Chips, Quantum and AI

The new rules, to take effect in 2025, will ban US investment in three sectors: Chinas chips and microelectronics, quantum information tech and certain AI systems

iBanned: Sale of Apple’s iPhone 16 is Now ‘Illegal’ in Indonesia
iBanned: Sale of Apple’s iPhone 16 is Now ‘Illegal’ in Indonesia

Losing out on the Indonesian market could be significant to Apple at a time it is struggling to bolster sales in China, which has been one of its top markets

Could Melting Glaciers Trigger Volcanic Eruptions? – Reuters
Could Melting Glaciers Trigger Volcanic Eruptions? – Reuters

The University of Iceland is one of 12 institutions working on a research project to determine if climate change will trigger increased volcanic activity

China Tightening Grip on Critical Minerals For Chips – NYT
Funding Gap Hurts Climate Talks While World Faces 3.1C Warming
Top Chinese Lawmakers to Meet in Week of US Election
Rio Tinto Signs Decarbonisation Deal With China’s Nanjing Steel
China Self-Driving Firm WeRide Gets $440m Via IPO, Placement
China Eyes Minerals, Offers Afghan Taliban Tariff-Free Trade
US-China Tech War Seen Continuing Under Trump or Harris

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Asia stock market insights, analysis, and guides from Asia Financial’s market and new economy experts.
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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