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Latest: Asia Stock Market News

Franco-German EU recovery plan wins praise
Franco-German EU recovery plan wins praise

European Central Bank head Christine Lagarde hailed a proposed 500-billion-euro Franco-German EU coronavirus recovery plan on Monday as a needed show of...

Facebook chief wants EU not China to lead on tech rules
Facebook chief wants EU not China to lead on tech rules

Facebook founder Mark Zuckerberg on Monday urged the European Union to take the lead in setting global standards for...

Gazprom considers second gas pipeline to China
Gazprom considers second gas pipeline to China

Russia’s Gazprom said on Monday it was launching feasibility studies on constructing a second gas pipeline to China that would...

Vaccine hopes a booster shot for markets
New 100 million lockdown in NE China hits Asian currencies
Beijing plans a ‘New Era’, bins Xi’s ‘China Dream’
CNOOC, Shell to build new ethylene project
Investors lifted as shutdowns ease in many countries
Shenzhen steps up bond sales
China housing market flat

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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