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Latest: Asia Stock Market News

Local government bond issuance soars 65%
Local government bond issuance soars 65%

(ATF) China’s local government bond issuance grew by two thirds in the first five months of the year...

As risk-off mode sets in, dollar decline halts; yuan steady
As risk-off mode sets in, dollar decline halts; yuan steady

(ATF) Late declines in US stocks on Wednesday signalled a pause in the prevailing risk-on sentiment. Asian stocks...

Markets rebound after ECB bonanza
Markets rebound after ECB bonanza

(ATF) Hong Kong: Financial markets were rejuvenated after an ECB meeting announced a bigger than expected bond-buying programme, which...

Billions invested in NE China FTZ
A boom year so far for China bonds and brokers
PBoC injects 70bn yuan into money markets
Street stalls play role in China’s recovery
ECB ramps up eurozone support as pandemic persists
US Senate sends small business loan reform bill to Trump
Germany unveils 130-bn-euro stimulus to kickstart 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