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Latest: Asia Stock Market News

More borrowing likely as fiscal revenue declines
More borrowing likely as fiscal revenue declines

(ATF) – With millions of Chinese workers locked down for two months during the coronavirus crisis, the government...

Trump wants to use oil crash to fill US stockpile
Trump wants to use oil crash to fill US stockpile

President Donald Trump said on Monday the United States would take advantage of the historic drop in oil prices to replenish its national strategic stockpile,...

Markets gauge huge drop in demand for oil
Markets gauge huge drop in demand for oil

(ATF) Financial markets were in retreat on Tuesday after an historic plunge in oil prices rattled investors, who...

Dollar, yuan steady on mixed oil, rates signals
Oil glut, earnings outlook rattles markets
Hubei pumps 34bn yuan into helping coronavirus-hit businesses
Central SOEs see 1Q net profit down 59%
More cuts expected even after China lowers key lending rate
Hubei securities firm starts 5 bn yuan bond issue
Three stadiums planned by Guangzhou Evergrande

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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