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Latest: Asia Stock Market News

Chinese yuan powers to over two-year highs
Chinese yuan powers to over two-year highs

(ATF) China’s central bank (PBoC), back from a week-long National Day and Mid-Autumn festival holidays, set central parity for...

Covid highlights need for bond investors focus on sustainability
Covid highlights need for bond investors focus on sustainability

(ATF) The Covid-19 pandemic is a clear warning on the debilitating impact that environmental risks can...

Chinese tourism sees a partial rebound over Golden Week
Chinese tourism sees a partial rebound over Golden Week

Chinese domestic tourism saw a robust rebound over the just-ended Golden Week holiday, encouraged by China’s success in...

Iran dumps dollar for yuan
US stimulus doubts keeps investors on edge
Home prices falling in some China cities
Investors mull central banks’ restraint
Ban on SMIC stirs call for ‘Long March’ to counter US dominance
Invest in infrastructure for post-Covid growth, IMF urges
The incredible shrinking world economy and G-3 central bankers

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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