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Latest: Asia Stock Market News

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
Japan Faces Historic Current Account Deficit – Nikkei

The deficit could reach $130 billion for fiscal 2022 if crude oil bounces back to $130 a barrel and the yen trades at 120 against the dollar

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
GrainCorp Profit Set to Soar as War Hits Wheat Supply

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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