U.S. Secretary of Defense Lloyd Austin will embark on a three nation tour in the Indo-Pacific region this week to discuss the strengthening of existing partnerships and alliances there.The Defense Department announced that Austin will depart on Saturday to visit the U.S. Indo-Pacific Command headquarters in Hawaii, followed by visits with officials in Japan, South Korea, and India.This will be Aus...
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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.