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Latest: Asia Stock Market News

World Headed For 2.5C of Heating, Top Scientists Say – Guardian
World Headed For 2.5C of Heating, Top Scientists Say – Guardian

Hundreds of the world's top scientists say they expect 2.5C of global warming this century, or more - and dire consequences for humanity

US Tariffs Loom on Chinese EVs, And Maybe Solar Panels
US Tariffs Loom on Chinese EVs, And Maybe Solar Panels

The US is likely to maintain tariffs on Chinese products and will reveal news next week on areas of strategic competition such as EVs and solar panels, sources say

AI Can’t Be Trusted to Set Interest Rates – Yet: Bank Chief
AI Can’t Be Trusted to Set Interest Rates – Yet: Bank Chief

But the head of Singapore’s central bank warned artificial intelligence could help create a new army of cyber criminals

New Huawei Phone Shows US Sanctions May Be Working
Two More Big Chinese Cities Scrap Home Buying Restrictions
Tesla Target of US Fraud Probe Over Autonomous Car Claims – Verge
Hang Seng Lifted by Property, Data Boosts; Tech Drags on Nikkei
US May Deny China, Russia Access to Advanced AI Models
US Warns it Could Ban Connected Chinese Electric Vehicles
Over 130 Firms Drop IPO Plans as China Ramps up Scrutiny

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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