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Latest: Asia Stock Market News

OECD sees 6% contraction in global economy
OECD sees 6% contraction in global economy

The global economy will contract at least six percent this year, with the unprecedented loss of income and...

China factory prices deeper into deflation, yuan rising
China factory prices deeper into deflation, yuan rising

(ATF) The PBoC set yuan parity a bit stronger this morning than on Tuesday, at 7.0703. That’s the highest...

China to target bond proceeds at most in need
China to target bond proceeds at most in need

(ATF) China will set up a special transfer payment mechanism to ensure that newly increased fiscal funds this year...

India sees an all-time high count of ‘fallen angels’
China price slump gives PBoC policy room
Markets on edge after Japan, China data
Index inclusion, RRR cuts help absorb China’s mammoth bond supply
Market rally slows as economic worries set in
China to accelerate local government bond sales
Awaiting crucial May producer prices, China’s yuan stable

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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