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Latest: Asia Stock Market News

China to launch new round of local government notes
China to launch new round of local government notes

(ATF) – China plans to increase the number and the scale of local government special bond sales to...

State Council, PBOC downplay default risks
State Council, PBOC downplay default risks

(ATF) – The State Council’s Covid-19 joint working group has introduced systems to provide precision financial services enabling...

Virus emergency alert level downgrade in parts of China
Virus emergency alert level downgrade in parts of China

(ATF) – China has relaxed its blockade on some areas of Covid-19-hit Wuhan to permit the activities of...

Fujian issues 12.6 billion in additional new bond issue
Chinese tech to attract investors after virus
China fears the specter of mass layoffs
Chinese restaurants starved for cash due to virus
Markets this week: Investors eye central banks after supply disruptions
The riddle of conflicting US economic surveys
Tunghsu Group downgraded to SD on bond defaults: S&P

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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