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Latest: Asia Stock Market News

Biden’s fiscal bonanza fuels rally
Biden’s fiscal bonanza fuels rally

(ATF) Hong Kong: Asian markets surged after a report suggested President-elect Joe Biden is considering a Covid-19 relief...

Xi’s Starbucks letter hints Sino-US relations are perking up
Xi’s Starbucks letter hints Sino-US relations are perking up

(ATF) An exchange of letters between Xi Jinping and the chairman of Starbucks could be the first sign...

Cautious optimism on vaccine rollout
Cautious optimism on vaccine rollout

(ATF) Hong Kong: Asian markets remained broadly upbeat but investors were watching the progress...

Reflation trade lifts Asian stocks
China’s big rebound underway as firms hint at profits surge
Markets wary as infection count crosses 90 million
Fiscal spending hopes fires up bulls
Markets this week: Biden’s stimulus plan; China counter-measures
China outperforms on stimulus hopes
Didi Hong Kong listing rumours emerge again

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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