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Latest: Asia Stock Market News

China bond market draws record $30-billion foreign inflow in May
China bond market draws record $30-billion foreign inflow in May

(ATF) International holdings of Chinese bonds passed a significant milestone this month of 110 billion yuan ($15.5 billion) in...

Shanghai welcomes first foreign trade delegation
Shanghai welcomes first foreign trade delegation

(ATF) A charter flight carrying German company executives and their families arrived at Shanghai Pudong International Airport on...

China reports growth in service exports
China reports growth in service exports

(ATF) China’s service exports grew 3.5% year-on-year to 161.3bn yuan ($22.7bn) in April, ending a falling streak since the...

Hubei FTZ handed development boost
China bid to boost GDP with $142 bn of water projects
US jobless rate expected to rise further
Australia eyes new national security test for foreign investment
Small businesses given loan extension boost
Local government bond issuance soars 65%
As risk-off mode sets in, dollar decline halts; yuan steady

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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