Asia-Pacific Shares Mostly Higher; Slow China Services Sector Growth Caps Shanghai Index
news Asia-Pacific Shares Mostly Higher; Slow China Services Sector Growth Caps Shanghai IndexAlibaba reported profitability for its cloud computing business for the first time in a continued push to diversify its business beyond e-commerce. Feb 03, 2021 11:39 AM GMT The major Asia-Pacific stock indexes finished mixed but mostly higher on Wednesday after a majority of regional investors followed Wall Street’s positive lead. The lone loser was China which fell as a private survey showed China’s services sector activity growth slowing sharply in January. Cash Market Performance In the cash m...