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Latest: Asia Stock Market News

China’s Sunac Seeking Extension for $630m Bond Repurchase
China’s Sunac Seeking Extension for $630m Bond Repurchase

The country's third-largest property developer by sales previously said it had prepared sufficient funding to repurchase the bond

Gazprom Bond Repayment in Rouble Would Be Default: Japan Bank
Gazprom Bond Repayment in Rouble Would Be Default: Japan Bank

Japan Bank for International Cooperation (JBIC) offers guarantees to about 65 billion yen ($550 million) worth of yen-denominated samurai bonds

Samsung Puts High Hopes on Chips, Components Units
Samsung Puts High Hopes on Chips, Components Units

Samsung's foundry business would look for new clients in China, where it expects high market growth, and focus on increasing supply capacity

Australia Plans $360m Critical Minerals Funding to Offset China
Malaysian Regulator Warns of Jump in Scams on Telegram
SoftBank Credit Default Swaps Rise to 2-Year High
Myanmar to Accept Baht for Border Trade, Eyes Rupee
China’s NEV Growth Faces Obstacles, Says Fitch Bohua
Tsingshan Reaches ‘Standstill’ Deal With Banks on Nickel
Oil Tumbles on China Lockdowns, Hopes for Iran Deal

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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