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Latest: Asia Stock Market News

China sets up manager for distressed assets
China sets up manager for distressed assets

(ATF) China has approved the setting up of a distressed asset manager – the first such approval in...

Boeing seeking $60 billion in federal support
Boeing seeking $60 billion in federal support

Boeing is seeking at least $60 billion in federal support for the aerospace industry to help it navigate...

EU closes borders for 30 days as US, UK vow huge stimulus
EU closes borders for 30 days as US, UK vow huge stimulus

The United States led a multi-billion-dollar global fightback against economic havoc wreaked by the coronavirus on Tuesday and...

Markets cool to stimulus pledges as recession looms
Stimulus packages give markets hope
Everbright says China insulated against US-style declines
ZTE yet to hear from US on fraud allegations
Sales of passenger cars forecast to fall sharply
China to offer ‘policy leeway’ to make up economic losses
Recovery tsars to target support for worst-hit sectors

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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