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Latest: Asia Stock Market News

China to rebrand in 2021 as ‘new era’ dawns
China to rebrand in 2021 as ‘new era’ dawns

(ATF) A plethora of top leaders from all sections of Chinese government and industry have met and announced a...

China Evergrande’s bonds, stocks dive after support plea
China Evergrande’s bonds, stocks dive after support plea

A cry for help by debt-laden China Evergrande Group, the country’s second largest property developer, caused tremors in financial markets...

Resurgent virus spooks investors
Resurgent virus spooks investors

(ATF) Hong Kong: Financial markets remain subdued as the resurgent pandemic snuffed out optimism about...

China to vaccinate all citizens in 1-2 years
China’s exports of vital rare earths drop 62%
Plan to privatise China’s debt-laden car giant Brilliance
Market rallies as Fed vows “to do what we can”
New Huawei chairman bends the knee to Qualcomm
Xiaomi launches ‘flagship killer’ phone into Western markets
Airline, banking stocks weigh on markets

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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