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Latest: Asia Stock Market News

Norway wealth fund blacklists global resources, energy giants
Norway wealth fund blacklists global resources, energy giants

Norway’s sovereign wealth fund, the world’s largest, blacklisted 12 new companies on Wednesday, including global mining and energy giants, for ethical and climate reasons.

The Bank of Norway said...

Merkel urges euro integration as judges defend shock ECB ruling
Merkel urges euro integration as judges defend shock ECB ruling

Chancellor Angela Merkel said on Wednesday that a bombshell ruling on the European Central Bank by Germany’s top court should “spur” efforts...

Nearly 600,000 Australians lose jobs as virus lockdown bites
Nearly 600,000 Australians lose jobs as virus lockdown bites

Almost 600,000 Australians lost their jobs as the virus shutdown took hold in April, the steepest monthly drop...

Markets slip after Fed’s gloomy view
Markets edgy on renewed outbreaks, US-China tensions
Yuan hurt by new coronavirus China clusters
Baosteel conducts first yuan deal with Rio Tinto
Ministry of Culture seeks bigger slice of govt bond spending
China indebtedness surges
China, Australia edge toward Covid-19 trade war

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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