Wednesday stocks in Asia broadly climbed higher ahead of a strong overnight bounce on Wall Street.
The Nikkei 225 raised by more than 1.17% in afternoon trade, as the Topix index advanced about 1.44% with most sectors continuing to go up.
Softbank shares dumped some earlier profits but traded higher by around 1.*% in the afternoon following the company's Chief Operating Officer Marcelo Claure’s statement earlier that it was "anxiously looking" for progress regarding the disappearance of Saudi Arabian journalist Jamal Khashoggi. Softbank holds strong relations to the Saudi government, with a notable proportion of its investment capital arising from the country.
Trump doesn’t like what the Fed is doing
Daily Analysis - 17/10/2018