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Latest: Asia Stock Market News

Asia extends gains as G20 heads back more stimulus
Asia extends gains as G20 heads back more stimulus

(ATF) Investor sentiment remains upbeat after record weekly US jobless claims spurred hopes of more  stimulus and took...

EU divided on China’s Covid-19 relief bonds
EU divided on China’s Covid-19 relief bonds

(ATF) The heads of nine European Union states issued a joint statement calling on other EU member states...

China boosts special bonds to focus on infrastructure
China boosts special bonds to focus on infrastructure

(ATF) After China’s recent announcement that it would pump 1.4 trillion yuan into the economy, more details have emerged...

PBoC calls for global cooperation in macro policies
China needs to get the economy off ‘life-support’
China’s foreigner ban leaves global businesses in limbo
Huge risks to world economy from coronavirus
US Senate passes $2-trillion support package
Markets retreat as virus curve steepens
Lower financial stress, lower US dollar

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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