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China Vanke Gets S&P Downgrade, Faces Rejig Amid Debt Crisis

Beijing has moved to expand its REITs scheme to help developers raise money more easily after the state-owned Vanke became the latest builder to face a debt crisis

Hong Kong Towers’ Fire Alarms ‘Didn’t Work Properly,’ Toll 128
Vietnam’s 5G Deals With Huawei, ZTE Raise US Concerns

The AF 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