Asian stocks advanced on Thursday as AMD's first quarter results topped estimates and investors expressed hopes for a peace deal between the United States and Iran.
The dollar index was subdued in Asian trading, helping gold prices jump more than 1 percent toward $4,750 an ounce.
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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.