Asian stocks ended mixed in thin trading on Thursday, with markets in China, Hong Kong and Taiwan closed for the Dragon Boat Festival.The dollar languished near a one-month low against a basket of currencies despite Federal Reserve Chairman Jerome Powell affirming that more interest rate increases are likely ahead. Gold and oil prices were modestly lower in Asian trading.Japanese shares fell sharp...
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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.