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Latest: Asia Stock Market News

US risks ‘permanent damage’ from extended shutdown: Mnuchin
US risks ‘permanent damage’ from extended shutdown: Mnuchin

The US economy risks suffering “permanent damage” the longer the lockdown to contain the Covid-19 pandemic drags on, US Treasury Secretary...

Haunted by virus, China gears up for annual congress
Haunted by virus, China gears up for annual congress

China’s biggest political event of the year opens on Friday after months of delay over coronavirus fears, with...

China’s central bank keeps powder dry as others empty toolkit
China’s central bank keeps powder dry as others empty toolkit

As most major global central banks run out of ammunition and look to lawmakers to boost national economies,...

China urged to loosen shackles on SME bond market
Markets sober up before Powell testimony
Shanghai plans to dominate the ‘grey yuan’ sector
SF Express earnings soar as buyers stay online after lockdown
US-China chip battle burning firms on both sides
CITIC granted approval to sell 50bln yuan of bonds
Surging sales push up bond trades 45%

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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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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