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Latest: Asia Stock Market News

Zynn brings Chinese app rivalry to US
Zynn brings Chinese app rivalry to US

Chinese short video app makers have taken their rivalry overseas, with TikTok facing stiff competition from a newcomer that has surged in popularity abroad...

Greater credit differentiation called for in China LGFVs
Greater credit differentiation called for in China LGFVs

(ATF) Credit differentiation between various local government financing vehicles – LGFVs – in China has gained importance, as...

As China bonds slump, yuan strengthens
As China bonds slump, yuan strengthens

(ATF) The yield on China’s 10-year government bond rose to 2.87% on Friday morning from 2.47% on April 29,...

China bond market draws record $30-billion foreign inflow in May
Shanghai welcomes first foreign trade delegation
China reports growth in service exports
Hubei FTZ handed development boost
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

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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