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Latest: Asia Stock Market News

Chinese yuan is best major currency bet
Chinese yuan is best major currency bet

(ATF) The People’s Bank of China (PBoC) set central parity of the yuan...

China’s top banks fire mortgage salvo
China’s top banks fire mortgage salvo

(ATF) China’s top five banks have all announced a change on how they manage home loans from August 25....

Downbeat China data hurts markets
Downbeat China data hurts markets

(ATF) Asian markets are defensive on Friday after China published data which showed its recovery was...

China retail sales unexpectedly slip, factory output steady
Bad loans rising
China aims to stabilize foreign trade, investment
Economic jitters dampen mood, gold glows
Brilliance Auto in $6.2bn bond debt, waits SASAC bailout
Lenovo beats street expectations and coronavirus blues
China data mystery spurs talk of quiet bond-buying by PBoC

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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