Asian stocks ended mixed on Wednesday, with Japanese markets leading regional losses as strong wage data spurred expectations of a 2024 Bank of Japan interest rate hike.
Chinese stocks fell notably even as a private survey showed China's services sector expanded at its fastest pace since last July in May.
Indian markets rebounded after suffering heavy losses in the previous session amid concerns that a smaller majority will see Prime Minister Modi face more difficulty in doling out reforms and infrastructure spending.
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Business News
May 22, 2026 14:46 ET Minutes of the latest Fed policy session was the highlight of the week along with survey data on the U.S. housing market. In Europe, survey data signaled the trends in the euro area private sector. Further, consumer price inflation data from the U.K. was in focus. In Asia, various economic indicators from China drew attention to the health of the economy.