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Latest: Asia Stock Market News

China to accelerate local government bond sales
China to accelerate local government bond sales

(ATF) China’s Ministry of Finance has called for efforts to expedite the issuance of local government bonds and...

Awaiting crucial May producer prices, China’s yuan stable
Awaiting crucial May producer prices, China’s yuan stable

(ATF) The People’s Bank of China (PBoC) set yuan parity at 7.0711 on Tuesday morning, stronger than the day prior...

Risk rally extends gains cautiously
Risk rally extends gains cautiously

(ATF) Financial markets extended gains on Tuesday but investors remain cautious after a fierce rally which saw major indexes...

PBoC imposes new rules to counter corruption
China’s forex and gold reserves expand in May
State enterprises bankroll recovery in hard-hit Hubei
Zynn brings Chinese app rivalry to US
Greater credit differentiation called for in China LGFVs
As China bonds slump, yuan strengthens
China bond market draws record $30-billion foreign inflow in May

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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