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Latest: Asia Stock Market News

Tariffs on Chinese EVs Will Speed up EU Plant Closures: Tavares
Tariffs on Chinese EVs Will Speed up EU Plant Closures: Tavares

Stellantis CEO Carlos Tavares says the EU's hefty tariffs will push Chinese carmakers to build facilities in Europe – and that could add to the problem of China's industrial overcapacity

China Eyes $850bn 3-Year Bond Issue to Lift Slowing Economy
China Eyes $850bn 3-Year Bond Issue to Lift Slowing Economy

Beijing plans to issue 6 trillion yuan ($850bn) in special bonds to boost the economy over the next three years, a new report says

Energy Emissions Set to Peak But ‘Not in Time’ For Climate Goals
Energy Emissions Set to Peak But ‘Not in Time’ For Climate Goals

A jump in global adoption of solar power and electric vehicles — led by China — will bring about peak emissions this year, a new study said, but doubts on limiting global warming remain

China’s Trade Slows, as Exports and Imports Sink in September
Ambani Plan to Outbid Musk, Seeks Satellite Spectrum Auction
China Sees Deflationary Pressure, Weak Consumer Inflation
China Pushing For a Bigger Say on Prices of Global Metals
ASEAN Seeks End to Myanmar War, Swift Deal on S China Sea
Indonesia Moves to Block China’s Temu to Protect Small Merchants
Trade Tensions With China ‘Hindering Carmakers’ Investments’

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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