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In face of the financial fears caused by inflation and the geopolitical tensions around the world, key Asian indices like Nikkei225 and Hong Kong’s Hang Seng were able to soar on Wednesday.
After the closing bell on Wednesday, the S&P 500 (USA 500) rose following the release of the U.S Federal Reserve meeting minutes and the lingering status of Russia’s and Ukraine’s military tensions.
Alibaba’s stock price marked a Tuesday turnaround after Monday’s drop. Previous speculations that SoftBank could have been planning a selloff of its equity in the company, refuted by SoftBank’s founder, may have been the cause.
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