WIDODO SAYS VERY OPTIMISTIC INDONESIA CAN ACHIEVE 5.3 PCT GDP GROWTH TARGET FOR 2016.» Read More
Stephen Roach, senior fellow at Yale University, says China's new growth target of "about 7 percent" shows that it is moving away from the old practice of central planning.
CNBC's Susan Li reports China lowers its growth outlook and increases government spending to $2.7 trillion in 2015.
Eswar Prasad, senior professor of Trade Policy at Cornell University, says Beijing is trying to de-emphasize its growth target and send a strong signal that they remain committed to reforms.
Craig James, chief economist at Comm Sec, says strong growth in Australia's housing sector may be able to offset weakness in the mining industry.
Wei Yao, China economist at Societe Generale and Paul Bloxham, chief economist, Australia & New Zealand at HSBC, discuss whether a 7 percent growth target contradicts with China's reform efforts.
Paul Bloxham, chief economist, Australia & New Zealand at HSBC, says Australia's growth data for the fourth quarter are a "downside surprise" and vindicate the central bank's rate cut decision last month.
Matthew Circosta, economist at Moody's Analytics, expects the Australian economy to expand 0.5 percent on-quarter in the October-December period.
Effective demand is extraordinarily weak, probably tantamount to the later stages of the Great Depression, Alan Greenspan said.
Hong Kong's economy grew 2.2 percent in the fourth quarter of 2014, financial secretary John Tsang said in his annual budget speech on Wednesday.
Jeremy Siegel, The Wharton School, thinks a June rate hike would be premature.
A Chinese official said the mainland needs to guarantee 6.5 percent annual growth for its 13th five-year plan. David Gaud, Asia Ex-Japan Equity Fund Manager at Edmond de Rothschild Asset Management, discusses.
As Japan exits technical recession, Tapan Datta, head of global asset allocation at Aon Hewitt, says the "picture is far from benign" as there's very little growth in the Japanese economy.
Thailand's economy grew less than expected in Q4 and had full-year 2014 growth of only 0.7 percent, as exports and consumption remained weak.
Santitarn Sathirathai, head of Southeast Asia and India Economics Research at Credit Suisse, says Thailand has been seeing a sluggish recovery and outlines the weakest links in the economy.
While a recovery in residential investment is still absent, the nominal gross domestic product looks good in the fourth quarter, says Simon Cox, MD & investment strategist, Asia Pacific at BNY Mellon Investment Management.
Despite weaker-than-expected fourth-quarter growth, Japan is seeing signs of wage increases and higher household income, says Alexander Treves, head of Equities, Japan, at Fidelity Worldwide Investment.
While growth in the fourth-quarter was softer-than-expected, it showed that Japan is headed in the right direction, says Paul Gruenwald, Chief Economist for Asia Pacific at Standard and Poor's Ratings Services.
Jeffrey Halley, senior manager for FX Trading at Saxo Capital Markets and Richard Harris, CEO of Port Shelter Investment Management, discuss the outlook of the euro and Japanese yen this week.
Ahead of the Lunar New Year holiday on Thursday, markets will be on the lookout for Japan's fourth-quarter GDP, alongside China's property data and a slew of central bank decisions.
European equities closed higher on Friday with investor sentiment boosted by better-than-expected growth numbers out of the euro zone and the prospect of a cease-fire deal between Ukraine and Russia.