Asian stocks turned in a mixed performance on Monday as investors digested a slew of economic data from China and kept a wary eye on the COVID-19 surge across much of Asia.Traders also eyed the minutes from the Federal Open Market Committee's latest meeting, due out Wednesday, for further clues to officials' views on the recovery.China's industrial output rose 9.8 percent year-on-year in April, ma...
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Business News
May 15, 2026 15:25 ET Apart from the confirmation of Kevin Warsh as the next Fed chair, the main news on the economics front this week included key price data from the U.S. and the first quarter economic growth figures from major economies. Both consumer prices and producer costs have started to reflect the effect of supply shocks due to the Middle East conflict. In Europe, GDP data was in focus, while inflation data from China dominated the news flow in Asia.