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Latest: Asia Stock Market News

No annual growth target for virus-hit China
No annual growth target for virus-hit China

China took the rare move of not setting an annual growth target this year after the coronavirus battered the world’s second-largest economy and...

Markets slammed by China move on HK, US tensions
Markets slammed by China move on HK, US tensions

(ATF) Financial markets were slammed after China moved to impose a new national security law to tighten its...

Asia defensive on US-China altercation
Asia defensive on US-China altercation

Hong Kong: The intensifying war of words rattled financial markets as US President Donald Trump’s tweets and a US...

Alibaba US listing at risk? Yuan says maybe
Xiaomi enjoys 13.6% revenue growth in Q1
Controlling the epidemic, spurring the economy and creating jobs
Markets nervous amid US-China verbal duel
New virus concerns keep yuan pinned to weak side
EU, China investment pact in Covid-19 jeopardy
Market falters amid US-China tensions, vaccine dismay

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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