Stocks rise and dollar falls while oil rallies

Bank relief and Alibaba plans nudge stocks higher

SINGAPORE – Asian stocks rose on Thursday with fears easing on the banking front and the prospect of a break-up at Chinese conglomerate Alibaba offering an encouraging sign that Beijing’s regulatory storm focused on tech companies might finally be clearing. MSCI’s broadest index of Asia-Pacific shares outside Japan gained for a third day in a […] The post Bank relief and Alibaba plans nudge stocks higher appeared first on Inquirer Business.

Bank relief and Alibaba plans nudge stocks higher

MSCI's broadest index of Asia-Pacific shares outside Japan gained for a third day in a row, rising 0.3%. It is eyeing two consecutive quarters in the green for the first time since the middle of 2021.

Bank relief and Alibaba plans nudge stocks higher

MSCI's broadest index of Asia-Pacific shares outside Japan gained for a third consecutive day, rising 0.3 per cent.

Bank relief and Alibaba plans nudge stocks higher

By Tom Westbrook SINGAPORE (Reuters) - Asian stocks rose on Thursday with fears easing on the banking front and the prospect of a break-up at Chinese conglomerate Alibaba offering an encouraging sign

Bank relief and Alibaba plans nudge stocks higher

By Tom Westbrook SINGAPORE (Reuters) - Asian stocks rose on Thursday with fears easing on the banking front and the prospect of a break-up at Chinese conglomerate Alibaba offering an encouraging sign that Beijing's regulatory storm focused on tech companies might finally be clearing. MSCI's broadest index of Asia-Pacific shares outside Japan gained for a third day in a row, rising 0.3%. It is eyeing two consecutive quarters in the green for …

Stocks rise and dollar falls while oil rallies

Stock indexes advanced on Thursday but finished below their session highs while the dollar declined as investors turned their focus to upcoming inflation data and the outlook for interest rate hikes.