Asian stocks rose broadly on Thursday after major U.S. indexes closed higher for the second consecutive day overnight. Sentiment was further underpinned after China said it would implement policies to support growth in 2023.
"Making good efforts will help stabilize growth next year. We should seize the time window and pay close attention to the implementation of policies," state media quoted the cabinet as saying after a regular meeting.
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Business News
June 05, 2026 16:18 ET A busy week for economic news flow saw a slew of reports being released that reflected the trends in the U.S. labor market. In Europe, economic growth and inflation data gained attention as the European Central Bank and Bank of England head for policy session later in the month. In Asia, the monetary policy session of the Indian central bank was in focus as the country, a major oil importer, reels under the pressures of a weaker rupee and rising inflation.