Hong Kong's Chief Executive Carrie Lam unveiled measures to make housing affordable to citizens after anti-government protests dragged the economy into a recession. In her third policy address, Lam focused on housing, land supply, improving people's livelihood and economic development. Lam invited the Hong Kong Housing Authority to explore the feasibility of redeveloping its factory estates for pu...
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May 08, 2026 15:50 ET Manufacturing and services sector survey results and labor market data from main economies were the highlight on the economics news front this week. Factory orders and jobs report dominated the news flow in the U.S. Similarly, industrial production data from German garnered attention in Europe. In Asia, purchasing managers’ survey results from China and the central bank decision from Australia were in focus.