Asian stocks ended Wednesday's session mostly higher, with benchmark indexes in China, Hong Kong and Japan leading regional gains after China rolled out fresh stimulus to shore up its economic recovery.A stable dollar, falling Treasury yields and positive earnings from Microsoft also helped underpin investor sentiment before next week's Federal Reserve meeting.After U.S. business activity ticked h...
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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.