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Latest: Asia Stock Market News

South Korea Posts Trade Deficit as Commodity Prices Soar
South Korea Posts Trade Deficit as Commodity Prices Soar

Exports rose 14.9% year-on-year to $18.74 billion, boosted by a 28.5% jump in sales of semiconductors and a 98.8% surge in petroleum products

Opposition Grows to Break-Up Plan for Japan’s Toshiba
Opposition Grows to Break-Up Plan for Japan’s Toshiba

The latest in a long battle between the once-mighty tech company and a number of its foreign shareholders as it tries to revive itself

Myer Pays First Dividend in 5 Years – The Age
Myer Pays First Dividend in 5 Years – The Age

John King announced that the once-troubled retailer would dish out an interim dividend of 1.5 Australian cents a share - the first under his tenure

Poor Urged to Shift From Wheat-Based Diet – Fiji Times
Myanmar Maize Prices Soar on Kyat Plunge – New Light
New App Tracks Indonesian Minerals – Jakarta Globe
SMBC Nikko Arrests May Unnerve Investors – Yomiuri
Asia Stocks Rebound as Traders Buy Into Russia-Ukraine Talks
KOSPI Jumps on Hope of Market Reforms by New President
China Regulator Said to Bar Banks from Promoting Hong Kong SPACs

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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