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Latest: Asia Stock Market News

Coronavirus lockdown damage seen in north and south China
Coronavirus lockdown damage seen in north and south China

(ATF) The extent of the economic damage wrought by China’s coronavirus lockdown was laid bare at either ends of...

Speculators blamed for oil price plunge
Speculators blamed for oil price plunge

US oil was trading at sub-zero prices on Tuesday, the latest dip in a 24-hour rollercoaster that sent...

Ping An Bank posts first-quarter profit growth
Ping An Bank posts first-quarter profit growth

(ATF) Ping An Bank, a Shenzhen-listed lender controlled by Ping An Insurance, reported 14.8% year-on-year growth in net profit...

More borrowing likely as fiscal revenue declines
Trump wants to use oil crash to fill US stockpile
Markets gauge huge drop in demand for oil
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%

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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