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Latest: Asia Stock Market News

Nearly 600,000 Australians lose jobs as virus lockdown bites
Nearly 600,000 Australians lose jobs as virus lockdown bites

Almost 600,000 Australians lost their jobs as the virus shutdown took hold in April, the steepest monthly drop...

Markets slip after Fed’s gloomy view
Markets slip after Fed’s gloomy view

(ATF) Investors have turned pessimistic after US Federal Reserve chairman Jerome Powell offered a gloomy picture of the...

Markets edgy on renewed outbreaks, US-China tensions
Markets edgy on renewed outbreaks, US-China tensions

(ATF) Hong Kong: Investors were broadly cautious as a new wave of infections in China and a warning by...

Yuan hurt by new coronavirus China clusters
Baosteel conducts first yuan deal with Rio Tinto
Ministry of Culture seeks bigger slice of govt bond spending
China indebtedness surges
China, Australia edge toward Covid-19 trade war
China factory deflation to trigger PBOC moves
Auto market climbs as factories reopen

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Asia stock market insights, analysis, and guides from Asia Financial’s market and new economy experts.
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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