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Latest: Asia Stock Market News

China warns of ‘necessary measures’ to defend Huawei
China warns of ‘necessary measures’ to defend Huawei

China warned on Sunday it would take “necessary measures” to protect Huawei and other firms after the United States announced new...

US facing severe crisis, but not a Great Depression: Fed’s Powell
US facing severe crisis, but not a Great Depression: Fed’s Powell

The US is facing a severe economic downturn amid the global pandemic, but will not suffer another Great Depression and will see a recovery...

Markets this week: PMI releases, rates decisions and NPC meeting
Markets this week: PMI releases, rates decisions and NPC meeting

(ATF) Investors will trade with a sense of trepidation as more economies reopen amid dour comments made by...

China’s annual meet to set growth target, fiscal boost
Talent Housing Anju gets approval for big bond issue
Company Report: Tencent, Trip.com
China rebound boosts but US friction a worry
30bn yuan HK bill sale oversubscribed
Xi call for strengthened virus controls weighs on yuan
China boosts finance plan to bring HK closer to home

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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