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Latest: Asia Stock Market News

Chinese interference grows in the US election, real and imagined
Chinese interference grows in the US election, real and imagined

(ATF) Chinese state media has reacted with bemusement and harsh criticism towards the US’ Republican National Convention and the...

Trade deal progress energises investors
Trade deal progress energises investors

(ATF) Hong Kong: Investors are loading up on risk after talks between US and China on...

Strong yuan becomes politically correct
Strong yuan becomes politically correct

(ATF) The People’s Bank of China (PBoC) this morning set central parity for the yuan (CNY) at 6.9183 to...

China determined to keep ‘normal’ monetary policy
Global companies raise most funds for August in a decade
China’s Xi warns ‘period of turbulent change’ as external risks rise
Trade talks, vaccine deals boost sentiment
Crunch looms for China’s real estate developers
Dollar falls ahead of Republican convention
China’s digital yuan aimed at global future outside USD net

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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