Category: Asian

Asian Stocks Levitate as Fed’s Repo Bonanza Continues – CCN.com
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Asian Stocks Levitate as Fed’s Repo Bonanza Continues – CCN.com

Asian stocks rose on Friday, with Japan’s benchmark index reaching new five-month highs amid reports that the Federal Reserve was pledging more liquidity to prop up the financial markets. Asian Markets Rise Stocks across the Asia-Pacific region rose in the final session of the week. Tokyo’s benchmark Nikkei rallied 0.4% and was on track for…

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Asian Stocks Mixed as Bank of Japan Hints at New Stimulus Measures in October – CCN.com
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Asian Stocks Mixed as Bank of Japan Hints at New Stimulus Measures in October – CCN.com

Stocks in the Asia Pacific region diverged on Thursday, as investors assessed the Bank of Japan’s (BOJ) latest policy decision, which maintained the status quo on a long-running stimulus program designed to boost growth and inflation. Asian Stock Markets Diverge Japanese stocks were the clear-cut winners on Thursday, as investors dissected new developments around monetary…

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Asian Stocks See Mixed Results Following Fed’s Unusual Repo Operation – CCN.com
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Asian Stocks See Mixed Results Following Fed’s Unusual Repo Operation – CCN.com

Stocks in the Asia Pacific region traded mixed on Wednesday, as investors gauged prospects for monetary policy after the Federal Reserve took action in re-balancing the money markets. Asian Markets Mixed There was no clear-cut direction in Asian equities on Tuesday. Japan’s benchmark Nikkei 225 index edged up 0.1% to 22,012.72. Japan’s benchmark Nikkei hovers…

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Asian Stocks Post Huge Rally After U.S., China Exchange ‘Goodwill Gestures’ – CCN.com
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Asian Stocks Post Huge Rally After U.S., China Exchange ‘Goodwill Gestures’ – CCN.com

Trade hopes fuel risk-on rally in Asian equities on Friday. | Image: Shutterstock Asian stocks advanced on Friday after an apparent thawing in U.S.-China trade tensions fueled investors’ appetite for riskier assets. In the process, the Chinese yuan stabilized at three-week highs against the U.S. dollar. Asian Market Update Markets across the Asia-Pacific region reported…

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Southeast Asian cloud communications platform Wavecell acquired by 8×8 in deal worth $125 million
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Southeast Asian cloud communications platform Wavecell acquired by 8×8 in deal worth $125 million

Wavecell, a cloud-communications platform for companies in Southeast Asia, announced today that it has been acquired by 8×8 in a deal worth about $125 million. The acquisition will help San Jose, California-based 8×8 expand in Asia, where Wavecell already has offices in Singapore, Indonesia, the Philippines, Thailand and Hong Kong. Wavecell’s cloud API platform, which…

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