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Latest: Asia Stock Market News

State Grid expects huge synergies from 450bn yuan infrastructure investment
State Grid expects huge synergies from 450bn yuan infrastructure investment

(ATF) – China’s power distributor State Grid Company expects to see huge synergies from an initial 450 billion...

China allocates $140 bn to support SMEs
China allocates $140 bn to support SMEs

BEIJING: China will step up support for smaller enterprises in a bid to shore up support for sectors...

Asia subdued after grim coronavirus forecast
Asia subdued after grim coronavirus forecast

(ATF) Asian markets were subdued after US President Donald Trump warned of a painful two weeks ahead as...

What about consumer vouchers? And working less?
Company Report: Taobao, Huatai
Global FX rates stabilise on signs of equity markets recovery
Automobile sales fall 37% in Jan-Feb due to virus
China’s numbers fail to hide World Bank gloom
World Bank warns China growth could screech to a halt
Oil prices slide on shattered demand

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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