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Latest: Asia Stock Market News

China’s digital yuan aimed at global future outside USD net
China’s digital yuan aimed at global future outside USD net

(ATF) The digital yuan – known as the Digital Currency Electronic Payment (DCEP) system – is being rolled out...

China approves BlackRock, Temasek and CCB joint venture
China approves BlackRock, Temasek and CCB joint venture

China has approved a wealth management joint venture between US asset manager BlackRock Inc, Singapore state investor Temasek Holdings Ltd and China Construction Bank Corp (CCB),...

Newly-listed ChiNext shares surge in historic reform
Newly-listed ChiNext shares surge in historic reform

SHANGHAI: Shares of 18 companies surged on their ChiNext debut on Monday, kicking off a historic reform that will see Shenzhen officially challenge Shanghai for tech...

Chinese banks to post H1 profit drop
China launches AI ‘companions’ to the public
This week: Fed’s framework review; trade, IP and retail data
China moves to check inflated ratings, allows issuers to opt out
China loan bubble may pop in coming months
Vaccine breakthrough drives markets
Yuan breaks above key 6.9 level to dollar, highest since January

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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