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Latest: Asia Stock Market News

Financial institutions assets increase
Financial institutions assets increase

(ATF) – Data released by the people’s Bank of China on Monday, showed that at the end...

Recession could be worse than 2009, IMF warns
Recession could be worse than 2009, IMF warns

WASHINGTON: The world economy is facing “severe” economic damage from the coronavirus pandemic that could be even more costly...

Asian markets rally after Fed’s unlimited QE
Asian markets rally after Fed’s unlimited QE

(ATF) – Financial markets rallied in Asia after the US Federal Reserve announced new measures, implying unlimited quantitative...

Zhejiang province rebounding from Covid-19
Dollar stable after bout of weakness; yuan steady
China to splash $173 bn on ‘smart’ city projects
Some city banks ‘adjust returns on deposit receipts’
Fed’s unlimited QE forces market rebound
China Issues $201bn of bonds
$1-trillion US economic rescue package crashes in Senate

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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