Asian stocks fell in thin holiday trading on Monday, with markets in China, Japan, South Korea and Taiwan closed for holidays.Trading in Japan will resume on Tuesday, while Taiwan and China will be back on Wednesday and South Korea returns on Thursday.Hong Kong's Hang Seng Index slumped 821.62 points, or 3.3 percent, to settle at 24,099.14. Property developer China Evergrande Group plummeted more ...
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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.