Asian stocks rose broadly on Wednesday amid bets that central banks will be less aggressive with rate hikes in the coming months.The upside was limited as investors awaited the release of minutes of the U.S. Federal Reserve's latest policy meeting later in the day for clues on future interest rate hikes.The dollar index held steady and gold traded flat, while oil prices recovered some lost ground ...
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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.