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Latest: Asia Stock Market News

Asia Deals Slide in March Quarter, Hit by Deteriorating Outlook
Asia Deals Slide in March Quarter, Hit by Deteriorating Outlook

M&A and equity capital market activity declined sharply over January-March, Refinitiv data showed, with Chinese stocks among the biggest losers

Biden Launches Record Oil Reserve Release in ‘Moment of Peril’
Biden Launches Record Oil Reserve Release in ‘Moment of Peril’

Starting in May, the US will release 1 million barrels per day (bpd) of crude oil for six months from the Strategic Petroleum Reserve

Chinese Property Developer CIFI to Issue $250m in Bonds
Chinese Property Developer CIFI to Issue $250m in Bonds

The Shanghai-based company is managing to raise funds from capital markets while Kaisa Group, Sunac, China Aoyuan and Shimao Group suspended trading in Hong Kong

Asia Factory Activity Slows as Ukraine Crisis, Inflation Bite
RBA Names First Woman to No. 2 Post as Rate Rises Loom
Weak Yen a Sign of Japan’s Poor Fundamentals: Ex-IMF Official
Brazil’s Central Bank Quadruples its Yuan Reserves
France to Discuss Grain Stocks Release With China, India
China Takes Biggest Stake in Green Finance Boom, Study Shows
Son Tells SoftBank to Slow Down on Investments – FT

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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