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Latest: Asia Stock Market News

China to splash $173 bn on ‘smart’ city projects
China to splash $173 bn on ‘smart’ city projects

(ATF) FACING a global economic crisis, China has fallen back on the tried and tested methods of the...

Some city banks ‘adjust returns on deposit receipts’
Some city banks ‘adjust returns on deposit receipts’

(ATF) Many commercial banks have chosen to redeem their currency funds as arbitrage space with deposit...

Fed’s unlimited QE forces market rebound
Fed’s unlimited QE forces market rebound

Trade of the Day: Stocks sold off as US Senate grapples with aid plan passage but reversed losses after...

China Issues $201bn of bonds
$1-trillion US economic rescue package crashes in Senate
How China brought the world to a standstill
Asian markets continue to tumble
Investors may dip toes after big stimulus moves
Fed’s dollar swap lines calm markets… for now
Market stoked by support moves in volatile trade

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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