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Latest: Asia Stock Market News

Roblox stock market listing halted over SEC revenues probe
Roblox stock market listing halted over SEC revenues probe

Roblox Corp has postponed plans to go public because of the US Securities and Exchange Commission’s scrutiny of...

Office-share pioneer WeWork seeks to go public through SPAC route
Office-share pioneer WeWork seeks to go public through SPAC route

(ATF) Office-sharing company WeWork is in talks to go public through a merger with a special purpose acquisition...

Mood soured by vaccine rollout, valuation worries
Mood soured by vaccine rollout, valuation worries

(ATF) Hong Kong: Asian markets were hammered amid worries that vaccine rollouts will slow and on...

Momentum of rising yuan weakens
China’s last-gasp bid to curb the great migration as Covid spread
Chinese FX fixings come against a confusing policy backdrop
Week of new virus clusters takes shine off bond surge
Stocks fall as lockdown concerns outweigh stimulus cheer
Bad debts chipping away at Tsinghua Unigroup’s domination dream
Fiscal spending optimism sustains rally

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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