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Latest: Asia Stock Market News

Ban on SMIC stirs call for ‘Long March’ to counter US dominance
Ban on SMIC stirs call for ‘Long March’ to counter US dominance

(ATF) The imposition of US export bans against a second Chinese tech firm...

Invest in infrastructure for post-Covid growth, IMF urges
Invest in infrastructure for post-Covid growth, IMF urges

The International Monetary Fund on Monday said member governments should seize a low interest rate opportunity to invest...

The incredible shrinking world economy and G-3 central bankers
The incredible shrinking world economy and G-3 central bankers

WASHINGTON – The world’s top central bankers have opened the taps with trillions of dollars in promised credit...

Smart-device chip maker Fudan Micro to list on STAR Market
China plagued by online ‘super-fake’ identity theft using AI
PBoC quarterly survey shows Chinese consumers ready to invest
China’s massive soybean shortage will see big orders to US in late 2020
This week: Trump’s illness, volatility and rotation trades
China’s top financial brass outline all reforms of 2020
Bitter fruit for China as Trump destroys 5G dream for now

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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