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The drought wreaking havoc in SEAsia looks set to fall off the agenda at a key meeting of the region's leaders this week.
Japan's April industrial production rose 0.3 percent on-month, above expectations for a 1.5 percent contraction.
Japan put its military on alert for a possible North Korean ballistic missile firing; South Korea said it had detected evidence of preparations.
David Roche, president and global strategist at Independent Strategy, attributes his bullish forecast to a strong jobs market that will induce more consumer spending.
As Microsoft and Apple focuses on India, Ram Gorlamandala of Tat Capital says the nation's thriving software industry and abundance of local talent make it an attractive destination for foreign investment.
Governments are cracking down hard on e-cigarettes through more regulation, which could benefit traditional tobacco companies.