Key Points
MSCIs broadest index of Asia-Pacific shares outside Japan gained for a third day in a row, rising 0.3%..
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 Beijings regulatory storm focused on tech companies might finally be clearing..
Australian stocks rose 1%.Overnight Wall Street indexes jumped after the U.S. banks top cop appeared before Congress and focused remarks on failures at Silicon Valley Bank and its supervision, rather than broader systemic issues across the financial sector...
As the dust settles on a wild and volatile ride after Silicon Valley Banks collapse unleashed fears of a broader banking crisis, the winners appear to be bonds and large tech companies that tend to benefit when interest rates fall...
Investors are hoping the plans signal authorities tacit approval for growth and profit ahead.At least the conglomerate is calm and the regulatory uncertainty is calmed, said Redmond Wong, greater China market strategist at Saxo Markets in Hong Kong...
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