Asian stocks ended mostly lower in thin trading on Friday, with Japanese markets closed for a holiday. A cautious undertone prevailed as strikes targeting infrastructure in Iran, Qatar and Saudi Arabia stoked concerns of a prolonged economic impact from the war.Regional losses, however, remained capped after Israel said it will no longer target energy infrastructure.Seven U.S. allies have offered ...
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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.