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Latest: Asia Stock Market News

Korean central bank cuts GDP outlook, open to stimulus
Korean central bank cuts GDP outlook, open to stimulus

Seoul – South Korea’s central bank kept interest rates steady on Thursday, but sharply downgraded its 2020 growth...

Chinese EV maker Xpeng increases US IPO size to $1.5 billion
Chinese EV maker Xpeng increases US IPO size to $1.5 billion

Hong Kong – Chinese electric vehicle (EV) maker Xpeng <XPEV.N> has increased the size of its US initial...

China’s industrial profits grow at fastest pace since mid-2018
China’s industrial profits grow at fastest pace since mid-2018

Beijing - Profits at China’s industrial firms grew for a third straight month and at the fastest pace since...

Asian markets edgy awaiting Powell’s growth analysis
Xi announces thoughts on next five-year plan
China’s semiconductor firms hit hard by sanctions
Investors pause ahead of Jackson Hole Fed meet
China media blitz to push free-trade zone on Hainan Island
‘Don’t Waste Food’ Edict Spurs Fear of China Food Crisis
Asian shares slip as economic strains pile up

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Asia Financial Insights
Asia stock market insights, analysis, and guides from Asia Financial’s market and new economy experts.
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AF China Bond

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