Pandora raised its revenue guidance after reporting a market-beating result for the first quarter, and said the second quarter had got off to a healthy start with high single-digit like-for-like growth.

ArcelorMittal reported better-than-expected earnings for the first quarter after volumes and prices improved, but cautioned that economic sentiment remained subdued with no signs customers were restocking on inventories.

UniSuper, one of Australia’s largest pension funds, said it expects bond yields to keep increasing as inflation lingers.

The London-based bank posted a rise in first-quarter net profit due to higher trading income despite lower earnings from lending.

Asia’s factory activity weakened slightly in April, with output growth cooling and employment dropping in a sign of fragile confidence among manufacturers.

A rise in the yen has stirred talk of intervention again, Maybank analysts said noting a suspicious move down by the USD/JPY after the Fed’s announcement.