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Latest: Asia Stock Market News

Gold hits record high on haven demand as markets rally sputters
Gold hits record high on haven demand as markets rally sputters

HONG KONG: Gold hit a record high Monday as investors rushed into the safe-haven on concerns...

Industrial profit growth led by stimulus-driven sectors
Industrial profit growth led by stimulus-driven sectors

(ATF) Recovery in China’s industrial firms’ profits quickened in June due to a favourable base with...

Software industry bounces back – but for how long?
Software industry bounces back – but for how long?

(ATF) China’s software industry expanded in the first half despite the slowing effect...

Global prospects dim for China’s tech champions
PBoC firepower, foreign interest boost China bonds outlook
China to shut out the ‘zombies’ and aid promising firms
China plan to eliminate illegal debt hidden in govt system
This week: Geopolitics, GDP data, stimulus hopes
Flooding caused by climate change breaks traditional cycle
Markets roiled by geopolitics

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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