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Latest: Asia Stock Market News

China Export Tax Bombshell to Raise Oil, Solar, Battery Prices
China Export Tax Bombshell to Raise Oil, Solar, Battery Prices

China’s announcement last week on ending export tax rebate means exporters of affecting products — ranging from aluminium to used cooking oil — will look to pass on the resulting extra costs

COP29 Carbon Markets Deal Faces Credibility Test
COP29 Carbon Markets Deal Faces Credibility Test

A recent deal on a UN-backed carbon market promises to move billions of dollars for climate action, but it will first need to win over sceptics

Former China Regulatory Official Missing Amid Crackdown – Caixin
Former China Regulatory Official Missing Amid Crackdown – Caixin

A fourth former official who worked at China's top securities regulator has disappeared amid a crackdown on stock market corruption, Nikkei and a local news outlet have said

Kadokawa Shares Soar on News Sony Wants to Buy Gamemaker
Retaliatory Trade Tariffs Could Backfire on Asia, IMF Warns
India Tells Meta to Stop Sharing WhatsApp Data, Group to Appeal
G20 Countries Reach ‘Fragile Consensus’ on Climate Finance
More Dead as Philippines Hit by Sixth Typhoon in a Month – ABC
Trump’s Plan to Kill EV Tax Credits ‘Could Benefit China’
China’s Country Garden Has ‘Given Debt Rejig Plan to Creditors’

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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