SoftBank soars 8% as Japanese tech stocks track gains in U.S. peers

SoftBank soars 8% as Japanese tech stocks track gains in U.S. peers

Panoramic view of Busan city, South Korea taken on sunrise. Alex Veprik | Moment | Getty Images SoftBank led gains in Japanese tech-related stocks Wednesday, tracking Wall Street peers, and boosting the Nikkei 225. Tech-focused investment major SoftBank rose more than 8%, snapping a three-session streak of losses. Japan’s Tokyo Electron, which provides essential chipmaking … Read more

Asia-Pacific markets track Wall Street gains on rising Fed rate-cut expectations

Asia-Pacific markets track Wall Street gains on rising Fed rate-cut expectations

SHANGHAI, CHINA – JUNE 08: Aerial view of skyscrapers standing at the Lujiazui Financial District at sunrise on June 8, 2022 in Shanghai, China. Vcg | Visual China Group | Getty Images Asia-Pacific markets rose Wednesday, tracking Wall Street gains on hopes that the U.S. Federal Reserve could cut benchmark interest rates in December. Expectations … Read more

Asia-Pacific markets track Wall Street’s tech recovery after Alphabet leads AI rally

Asia-Pacific markets track Wall Street’s tech recovery after Alphabet leads AI rally

SHANGHAI, CHINA – MARCH 01: Skyscrapers stand at the Pudong Lujiazui Financial District on March 1, 2022 in Shanghai, China. Xiao Yang | Visual China Group | Getty Images Asia-Pacific markets opened higher Tuesday, after Wall Street’s tech stocks rebounded on a rally in Google parent  and hopes of a Fed rate cut. Optimism about Alphabet’s … Read more