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Latest: Asia Stock Market News

China Development Bank financial bond sales surge
China Development Bank financial bond sales surge

(ATF) Financial bonds issued by China Development Bank (CDB), a major policy bank, reached 20 trillion...

Fiscal revenue slides further in China
Fiscal revenue slides further in China

(ATF) Chinese fiscal revenues fell 14% in the first five months of the year as the paralysing effect...

PBoC steps in to ease liquidity concern
PBoC steps in to ease liquidity concern

(ATF) China’s central bank on Friday pumped more cash into the banking system via reverse repos...

Surprise US-China Hawaii trade news lifts stocks, yuan
Investor focus shifts to economic recovery, virus containment
Fitch revises India’s outlook to negative
Defying China bashers, HKD goes from strength to strength
Powering up the economy
Be honest about bad loans, China banks told
Asian markets cautious but China outperforms

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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