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Latest: Asia Stock Market News

CITIC Bank to sell 40bn yuan of secondary capital bonds
CITIC Bank to sell 40bn yuan of secondary capital bonds

(ATF) China CITIC Bank announced Thursday that it had received the approval from the China Banking Regulatory Commission to issue...

First wholly foreign-owned futures brokerage given greenlight
First wholly foreign-owned futures brokerage given greenlight

(ATF) China’s top securities regulator announced Thursday that it has granted approval for JP Morgan Futures...

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
PBoC steps in to ease liquidity concern
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

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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