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Latest: Asia Stock Market News

This week: Eyes on US after bad jobs data, PBoC vows more reforms
This week: Eyes on US after bad jobs data, PBoC vows more reforms

Economic events

Financial markets will monitor central bank and government responses this week to the rapidly deteriorating economic conditions....

Court jails 16 for 53-bn-yuan bond ‘Ponzi scheme’
Court jails 16 for 53-bn-yuan bond ‘Ponzi scheme’

(ATF) On May 8 the Hangzhou Intermediate People’s Court convicted defendant Wang Wenjun and 15 other people of fraud...

Markets edge higher, price in gloomy jobs data
Markets edge higher, price in gloomy jobs data

Hong Kong: Investors are trickling back into the market amid optimism that US-China tensions will subside as 

China-US trade policy optimism boosts yuan
Cross-border cargo from Yiwu increases ninefold
China to scrap financial services foreign investment quotas
Yihua Group defaults on 1-billion yuan of bonds
US jobless claims may have peaked
Grim UK, Germany economic data highlights virus impact
China and US commit to trade deal despite virus row

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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