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Latest: Asia Stock Market News

Japan Bans Russia Coal Imports in New Sanctions Round
Japan Bans Russia Coal Imports in New Sanctions Round

Tokyo joined the US and European Union nations, which announced sweeping sanctions such as bans on importing coal and freezing the assets of banks and individuals

Chinese Games Developer Pays Record Dividend – SCMP
Chinese Games Developer Pays Record Dividend – SCMP

The firm announced a 16 yuan ($2.50) per share payout in an exchange filing, the most generous amount since the firm was listed in Shanghai in 2017

SpaceX, Axiom Launch Private Astronauts – WSJ
SpaceX, Axiom Launch Private Astronauts – WSJ

Axiom Space, a Houston company led by a former National Aeronautics and Space Administration executive, arranged the mission

Japan Faces Historic Current Account Deficit – Nikkei
Myanmar’s Junta Tightens Forex Flow Control – Diplomat
US Jury Finds Ex-Goldman Banker Guilty in 1MDB Case
Dollar Index Touches 100 For First Time in Nearly Two Years
Samsung Hit as Prices of Its ‘iPhone Rival’ S22 Slashed
Asian Stocks Climb on China Stimulus Hopes Amid Covid Surge
Indonesia’s GoTo Keen to Buck Tech Slump With $1.1bn IPO

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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