U.K. Prime Minister Andy Burnham is scheduled to meet with Ukrainian President Volodymyr Zelenskyy as European leaders continue to show solidarity with Ukraine. The meeting comes in response to Russia's recent attack on Ukrainian energy infrastructure, which left over 600,000 people without power in the Kyiv and Kharkiv regions. Burnham is expected to announce further sanctions, military support, and fiscal packages to aid Ukraine in the coming weeks.
In business news, ASML, a key player in the global chip industry, reported strong third-quarter profits that exceeded expectations. The Dutch semiconductor equipment maker noted that some customers are already placing orders for its advanced tools for 2029 and 2030, driven by sustained demand for AI technologies.
Taiwan has agreed to purchase 30% of gas from a proposed liquefied natural gas (LNG) project in Alaska, according to U.S. President Donald Trump. The deal, which Trump described as a guarantee of success, follows his efforts to secure participation from South Korea, warning of higher tariffs if Seoul did not commit. Meanwhile, economic data from Asia revealed mixed trends, with China's producer prices rising at their fastest pace in over four years, while Singapore's GDP growth softened to 5.4% in the third quarter due to a decline in its manufacturing sector.