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Latest: Asia Stock Market News

China’s forex and gold reserves expand in May
China’s forex and gold reserves expand in May

(ATF) China’s foreign exchange reserves expanded to US$3.1017 trillion at the end of May, from $3.0915 trillion at the...

State enterprises bankroll recovery in hard-hit Hubei
State enterprises bankroll recovery in hard-hit Hubei

(ATF) Some 34 centrally-administered state-owned enterprises (SOEs) in China signed dozens of investment deals with the virus-hit Hubei Province last...

Zynn brings Chinese app rivalry to US
Zynn brings Chinese app rivalry to US

Chinese short video app makers have taken their rivalry overseas, with TikTok facing stiff competition from a newcomer that has surged in popularity abroad...

Greater credit differentiation called for in China LGFVs
As China bonds slump, yuan strengthens
China bond market draws record $30-billion foreign inflow in May
Shanghai welcomes first foreign trade delegation
China reports growth in service exports
Hubei FTZ handed development boost
China bid to boost GDP with $142 bn of water projects

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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