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Latest: Asia Stock Market News

US orders China’s Houston consulate shut, yuan shrugs
US orders China’s Houston consulate shut, yuan shrugs

(ATF) The People’s Bank of China (PBoC) set central parity for the yuan at 6.9718 to...

China’s new data security law extends sovereignty to cyberspace
China’s new data security law extends sovereignty to cyberspace

(ATF) With China planning to spend trillions of yuan on technology upgrades, from...

Guangdong’s star fades further
Guangdong’s star fades further

(ATF) Foreign trade in south China’s Guangdong Province contracted by 7.1 % year-on-year to 3.06...

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China agrees to ‘intensive’ WTO talks on fisheries
Asia high-yield downgrades hit a peak in Q2: Moody’s
Passenger flights to resume to China
Market overreacts to equity investment policy for insurers
China to transfer 2-trillion yuan directly to struggling ‘grassroots’
Vaccine tests and stimulus boost investor sentiment

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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