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(Bloomberg) -- Chinese technology stocks gained as resilient earnings from major e-commerce firms helped soothe concerns over weak consumption. Most Read from BloombergManchester Is Giving London a Run for Its MoneyBoston’s Broke and Broken Transit System Hurts Downtown RecoveryA Warehouse Store Promises Housing for South LA, in BulkBiden Invests $100 Million to Fuel Housing ConstructionThe Cross-Continental Race Using Only Public TransitThe Hang Seng Tech Index rose as much as 2.2%, poised for

Japanese stocks led the gains in Asian markets Friday after Wall Street rallied to one of its best days of the year as data showed the U.S. economy is holding up better than expected, with particular credit going to the country’s shoppers. It rebounded from the large selloff last week, where the higher interest rate from the Bank of Japan made investors who had borrowed in yen and invested in dollar assets sell their holdings to cover the higher costs in the “carry trades” deals.

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(Bloomberg) -- India’s hot market for share sales is delivering wins for Japanese technology investor SoftBank Group Corp., whose own stock has taken a hit from disappointing earnings and a reality check on artificial intelligence.Most Read from BloombergManchester Is Giving London a Run for Its MoneyBoston’s Broke and Broken Transit System Hurts Downtown RecoveryA Warehouse Store Promises Housing for South LA, in BulkBiden Invests $100 Million to Fuel Housing ConstructionThe Cross-Continental R

Foreign investors heavily bought into Japanese stocks in the week to Aug. 10, encouraged by policymakers' signals to stabilize the market following recent turmoil which had sent shares into their biggest one-day plunge since 1987. Cross-border investors bought a net 521.9 billion yen ($3.51 billion) of Japanese shares in the week, reversing three consecutive weeks of net selling, according to finance ministry data. Last week, Japanese policymakers signalled action to prevent further declines in the stock market, while the Bank of Japan indicated it would keep rates steady amid market instability, following a historic 12.4% drop in the Nikkei share average on Aug. 5 on fears of a recession in...