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Latest: Asia Stock Market News

Crypto Losses Surge 695% in First Quarter – TechCrunch
Crypto Losses Surge 695% in First Quarter – TechCrunch

There has been a “loss” of about $1.23 billion across the web3 ecosystem in the first quarter of 2022, according to a report by Immunefi

Goldman, JPMorgan Offer Their Top Southeast Asia Picks – CNBC
Goldman, JPMorgan Offer Their Top Southeast Asia Picks – CNBC

CNBC asked analysts from Goldman Sachs and JPMorgan Asset Management which Southeast Asian markets were their top picks

Asian Equities Saw Biggest Foreign Outflows in Two Years
Asian Equities Saw Biggest Foreign Outflows in Two Years

Asian equities witnessed steep foreign outflows in March, hit by worries over higher inflation as commodity prices soared due to the Russian invasion of Ukraine

Sri Lankan Government in Disarray as Economic Crisis Deepens
Asian Shares Reach 5-Week Highs But War, Fed Fears Persist
Korea’s March Inflation Hits Decade High as Supply Snags Bite
Nio in Talks on Licensing EV Battery Swap Technology – FT
Huawei Pays $9.6bn in Dividends to Current and Retired Staff
Musk Posts Poll for Twitter Edit Button, CEO Says Vote Carefully
China’s Shein Valued at $100Bn in Funding Round – WSJ

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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