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Latest: Asia Stock Market News

Xiaomi enjoys 13.6% revenue growth in Q1
Xiaomi enjoys 13.6% revenue growth in Q1

(ATF) China’s tech giant Xiaomi reported 13.6 % year-on-year revenue growth in the first quarter of 2020 despite the Covid-19 epidemic.

Its...

Controlling the epidemic, spurring the economy and creating jobs
Controlling the epidemic, spurring the economy and creating jobs

(ATF) China’s leaders and top political advisors have gathered in Beijing for the year’s big political get-togethers, known...

Markets nervous amid US-China verbal duel
Markets nervous amid US-China verbal duel

(ATF) Investors are jittery in Asian trade after the US Senate passed a bill that could delist some...

New virus concerns keep yuan pinned to weak side
EU, China investment pact in Covid-19 jeopardy
Market falters amid US-China tensions, vaccine dismay
Panic-buying boosts profits, tests supply chain at Walmart
China boasts 2019 economic goals were met
US risks ‘permanent damage’ from extended shutdown: Mnuchin
Haunted by virus, China gears up for annual congress

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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