Asian stocks turned in a mixed performance on Wednesday after a private survey showed China's services sector grew at a faster clip in July compared to the previous month as a result of easing COVID-19 curbs.
A cautious undertone prevailed after U.S. House Speaker Nancy Pelosi's visit to Taiwan triggered a strong reaction from China.
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May 01, 2026 15:54 ET Central banks dominated the economics news flow this week with almost all major ones announcing their latest policy decisions and many boosted expectations for a rate hike in June. In other news, several countries released the preliminary data for first quarter economic growth. In the U.S., comments by Fed Chair Jerome Powell were also in focus as his term ends this month.