Asian stocks gave up early gains to end mixed on Thursday amid worries over possible spiraling effects of a debt crisis at developer China Evergrande Group.China's Shanghai Composite Index edged up 7.78 points, or 0.2 percent, to 3,594.78 after reports suggested that China Evergrande Group has secured an extension on a defaulted bond.The company reportedly won a more than three month extension to ...
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Market Analysis
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.