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Asia-Pacific ‘Faces $500bn Yearly Floods Hit if Warming Continues’

Cyclones caused damage estimated at $20 billion in Asia in recent weeks. A new study warns that these costs will soar unless nations slash use of fossil fuels, and spend big on adaption in coastal cities.

China Says It’ll Approve Rare Earth Licences For ‘Civilian Use’
Chinese Firms Fare Worst As Study Finds AI Majors Fail Safety Test

The AF 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