Asian stocks rose broadly on Tuesday, even as the upside remained capped by growing concerns of a global recession.Chinese shares finished marginally higher amid expectations that policymakers would roll out more stimulus measures to boost sagging economic growth.Media reports suggested that the government is supporting beleaguered property developers with bond guarantees.Hong Kong's Hang Seng Ind...
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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.