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Latest: Asia Stock Market News

Tesla Purges 2006 Climate Manifesto Promising Cheap EVs – Forbes
Tesla Purges 2006 Climate Manifesto Promising Cheap EVs – Forbes

The blog’s takedown follows the billionaire’s changing politics, a slowdown in EV demand and the rise of a swathe of low-cost competitors from China

Indian Solar Panels Held by US Likely Tied to China Forced Labour
Indian Solar Panels Held by US Likely Tied to China Forced Labour

The detention of Indian solar panels represents a new focus for the CBP, given the agency has largely focused on Chinese suppliers so far

China’s Local Governments Slow to Act on Property Crisis
China’s Local Governments Slow to Act on Property Crisis

Only a small portion of a $42-billion lending scheme announced in May to resuscitate the country's housing sector has been utilized

US And China Expand Contact Between Their Military Chiefs
Google May Set up a ‘Hyperscale’ Data Centre in Vietnam
China’s Critical Minerals Blockade Risks Global Chip Shortage
Malaysia Tells Social Media Giants They Must Adapt to New Rules
‘Wealthy Nations’ Fossil Fuel Deals Threaten a Global Catastrophe’
Samsung SDI Agrees to $3.5bn EV Battery Plant in US With GM
Beijing Fumes as Canada Slaps 100% Tariffs on China-Made EVs

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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