A perfect storm of yen strength, soaring JGB yields and new evidence of weakness in China's economy sparked a major sell-off in Japan's equity markets on Thursday.
China's foreign direct investment inflows rose 1.44 percent in the first three months of 2013 from a year earlier, snapping the longest run of annual decline.
Japanese exports picked up in March from a year earlier, beating forecasts and offering hope that a weaker yen is starting to support a slow upturn in the export-reliant economy.
Global carmakers have poured billions of dollars in India's once-booming car market are now struggling as slow economic growth keep their target customers from parting with their cash.
The falling yen coupled with a fall-off in Chinese investment inflows "increasingly resembles" the run-up to the 1997 currency crisis, said Albert Edwards, Societe Generale's ultra-bearish strategist.
The top aviation regulator said he expects to decide "very soon" whether to approve Boeing's redesigned 787 Dreamliner battery system, potentially ending a three-month ban on flights by the high-tech jet.
China's economy will grow at sustainable levels and there's no need for panic about the level of growth, said Jin Liqun, chairman of China's sovereign wealth fund.
As gold bounces back from its worst two-day sell-off in 30 years that spooked investors and upset market estimates, opinion remains divided on where gold prices are headed from here.
The Singapore Exchange is confident the number of companies looking to go public will increase this year, SGX President Muthukrishnan Ramaswami told CNBC.
The International Monetary Fund says it is not concerned in a "major way" about a hard landing in China, which has seen an unprecedented expansion in credit in recent years.
The bombs that exploded at the Boston Marathon were likely heavy, carried to the scene in dark nylon bags and packed with shrapnel to make them more lethal.
Consumers of high-end diamond jewelry want the real thing and are willing to pay up, even though the lab-made variety are free of the 'blood diamonds' stigma.
The third fatal victim of Monday's Boston Marathon bombings was a Chinese citizen whose identity was not being made public at the request of the victim's family.
The International Monetary Fund has urged advanced economies to use "all prudent measures" to boost sluggish demand, including monetary policy, even as it trimmed 2013 growth forecasts for the global economy to 3.25 percent.
Hong Kong's Hang Seng stock index may be one of Asia's laggards, but Morgan Stanley reckons the market is poised to more than double to 50,000 by the end of 2015.
Australia's dollar has received its fair share of whacking lately and perhaps it's time to give the currency a bit of a break, currency strategists say.