Asian stocks followed Wall Street lower on Tuesday amid worries that interest rate increases in the United States might stall global growth.
Regional markets ended well off their day's lows after the Chinese government announced rent cuts and other aid for small businesses in a new effort to boost economic growth.
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Business News
April 24, 2026 15:15 ET Economics news flow was relatively light this week even as the conflict in the Middle East continued, raising concerns for policymakers. In the U.S., spending data, initial jobless claims and pending home sales were the highlights. Business confidence in the biggest euro area economy was in focus in Europe. Inflation data from Japan gained attention in Asia.