Asian stock markets are mixed on Wednesday following the negative cues overnight from Wall Street on renewed coronavirus concerns as World Health Organization officials warned that the death toll from the pandemic may start to climb again.
The recent spike in coronavirus cases in the U.S. and other parts of the world have dampened hopes of a quick economic recovery. Investors also turned cautious ahead of the upcoming corporate earnings season.
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Business News
May 22, 2026 14:46 ET Minutes of the latest Fed policy session was the highlight of the week along with survey data on the U.S. housing market. In Europe, survey data signaled the trends in the euro area private sector. Further, consumer price inflation data from the U.K. was in focus. In Asia, various economic indicators from China drew attention to the health of the economy.