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Latest: Asia Stock Market News

China battles against fake Covid-19 news
China battles against fake Covid-19 news

(ATF) – As the state controls all media in Mainland China, both off and online, very often rumors...

Bank of Ningbo raises 7 billion yuan
Bank of Ningbo raises 7 billion yuan

(ATF)  – The Bank of Ningbo says it received approval from the central bank and local banking regulator...

Central bank to lead overhaul of China’s financial system
Central bank to lead overhaul of China’s financial system

(ATF) – China has unveiled a plan to overhaul its financial infrastructure to bring it into line with...

China Telecom announces first bond
New Securities law has more holes
Markets see more rate cuts ahead
China bond futures rise sharply
Move to manage bond defaults
Chinese scientists identify mutation in Covid-19
Fed cuts rates by 50 basis points

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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