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Latest: Asia Stock Market News

TSMC Ends Dealings With Firm Seen as Proxy Buyer For Huawei
TSMC Ends Dealings With Firm Seen as Proxy Buyer For Huawei

Chipmaker suspends deals with firm seen buying chips on behalf of Huawei after it was told the tech giant's Ascend 910B had a TSMC chip in its AI accelerator

Climate Change Has Cost China $32 Billion in Just One Quarter
Climate Change Has Cost China $32 Billion in Just One Quarter

The rising losses stem from China’s vulnerability to climate change, with higher temperatures magnifying the intensity of storms and rainfall saturating cities on its long coast

Chinese Media Cut Reports on ‘3nm Chip Designed by Xiaomi’
Chinese Media Cut Reports on ‘3nm Chip Designed by Xiaomi’

Reports that Chinese tech company Xiaomi had designed a 3-nanometre chip were quickly deleted by state media, Hong Kong's top English news outlet said

Chinese Exchange Hits Evergrande Unit, Bosses With Sanctions
US Sets New Rules to Block China, Rivals’ Access to US Data
India And China Resolve Border Row, Agree to Separate Patrols
At COP16, Officials Push to Align Nature And Climate Goals
99% of Players in AI ‘Bubble’ Will go Bust: Baidu CEO – Register
Trump Says He’ll Hit China With Big Tariffs if it Takes Taiwan
Cyberattack on The World’s Largest Internet Archive – WaPo

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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