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Latest: Asia Stock Market News

China to scrap financial services foreign investment quotas
China to scrap financial services foreign investment quotas

(ATF) China has decided to scrap quota restrictions on two major inbound investment schemes in a bid to...

Yihua Group defaults on 1-billion yuan of bonds
Yihua Group defaults on 1-billion yuan of bonds

(ATF) Yihua Group, or the ‘Yihua Department’ as it is known colloquially, has finally hit the point of...

US jobless claims may have peaked
US jobless claims may have peaked

Unemployed US workers filed 3.2 million new claims for jobless benefits last week as the coronavirus pandemic continued...

Grim UK, Germany economic data highlights virus impact
China and US commit to trade deal despite virus row
China setting up super regulator for telecoms, media
Unexpected China export growth helps yuan
Markets draw relief from China’s exports data
China’s local government debt burden portrayed as ‘not much’
Yuan and fries to go

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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