Asian stocks extended losses for a third day running Friday on concerns about elevated inflation and slowing global growth. Japanese markets were closed for Autumnal Equinox holiday. Chinese shares fell notably on growth concerns, with Nomura cutting its China 2023 annual growth forecast further to 4.3 percent from 5.1 percent in light of ongoing COVID woes.The benchmark Shanghai Composite Index d...
For comments and feedback contact: editorial@rttnews.com
Business News
May 22, 2026 14:46 ET Minutes of the latest Fed policy session was the highlight of the week along with survey data on the U.S. housing market. In Europe, survey data signaled the trends in the euro area private sector. Further, consumer price inflation data from the U.K. was in focus. In Asia, various economic indicators from China drew attention to the health of the economy.