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Latest: Asia Stock Market News

Shimao, Kaisa Among Firms Named as Overdue Payments Surge
Shimao, Kaisa Among Firms Named as Overdue Payments Surge

Four of the firms are linked to Shimao, which is discussing payment arrangements with creditors, while Kaisa Group Holdings and Greenland Group are also on list

Myanmar Exports Teak to US in Defiance of Sanctions
Myanmar Exports Teak to US in Defiance of Sanctions

Among the most popular type of Myanmar wood is teak, long favoured by shipbuilders and furniture makers for its durability in wet environments

Global Investors Snap Up Chinese Bonds – People’s Daily
Global Investors Snap Up Chinese Bonds – People’s Daily

Outstanding overseas institutional holdings of interbank bonds rose to a total of 4 trillion yuan ($628 billion) at the end of last year

Tokyo Bourse Prime Offering ‘Not Lean Enough’ – Nikkei
Asian Stocks Subdued As Traders Brace For Year Of Hikes
LG Energy Solution IPO In Korea Seen Drawing $80bn In Bids
Singapore Airlines Picks Banks for $500m-750m USD Bond Issue
Petronas, Shell Unit Tie Up to Explore Carbon Capture, Storage
Shimao Says No Deal to Sell Shanghai Plaza, Shares Slump
Mongolia Stock Market Turns Heads with 133% Gain – Nikkei

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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