Asian stocks rose broadly on Monday after mixed U.S.jobs data released on Friday suggested the Federal Reserve is done with raising interest rates. The Fed is now expected to hold rates steady for the rest of the year if the job market and the broader economy continue to slow.Chinese and Hong Kong markets led regional gains after China's top economic planner said it would establish a designated de...
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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.