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Latest: Asia Stock Market News

Shanghai welcomes first foreign trade delegation
Shanghai welcomes first foreign trade delegation

(ATF) A charter flight carrying German company executives and their families arrived at Shanghai Pudong International Airport on...

China reports growth in service exports
China reports growth in service exports

(ATF) China’s service exports grew 3.5% year-on-year to 161.3bn yuan ($22.7bn) in April, ending a falling streak since the...

Hubei FTZ handed development boost
Hubei FTZ handed development boost

(ATF) China on Thursday published measures to boost development of the pilot free-trade zone (FTZ) in Hubei Province...

China bid to boost GDP with $142 bn of water projects
US jobless rate expected to rise further
Australia eyes new national security test for foreign investment
Small businesses given loan extension boost
Local government bond issuance soars 65%
As risk-off mode sets in, dollar decline halts; yuan steady
Markets rebound after ECB bonanza

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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