Asian stocks ended on a mixed note Thursday as the latest guidance on interest rate policy from the U.S. Federal Reserve showed few surprises.The dollar weakened after two days of gains, helping gold and oil prices trade on a firm note in Asian trading.Japanese markets were closed for the Emperor's birthday. China's Shanghai Composite Index slipped 0.1 percent to 3,287.48 after choppy trading.Hong...
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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.