Asian stocks turned in a mixed performance on Tuesday as U.S. Democrats moved quickly to impeach Donald Trump for an historic second time and investors watched for details of President-elect Joe Biden's proposed economic stimulus plan. Concerns over a highly infectious Covid-19 strain and fears of fresh global lockdowns also kept underlying sentiment cautious.Chinese stocks rebounded from their wo...
For comments and feedback contact: editorial@rttnews.com
Business News
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.