Asian stocks ended lower on Monday as China published mixed data, adding to concerns about the economic recovery in the world's second-largest economy. Japanese markets were closed for Marine Day.
China's GDP logged annual growth of 6.3 percent in the second quarter, faster than the 4.5 percent expansion in the first quarter, data from the National Bureau of Statistics revealed. However, this was weaker than economists' forecast of 7.3 percent.
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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.