China's low-cost smartphone maker Xiaomi launched a foray into U.S and Europe this week, but don't expect its handsets there anytime soon.
India's prime minister plans to provide farmers with income insurance tied to crop prices, but it may not ease rural distress much.
South Korea confirmed five more cases of Middle East Respiratory Syndrome (MERS), bringing to 30 the number of infected people.
Australia's economy grew faster than expected in the first quarter, but analysts were concerned about the quality of the data.
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Gerard Cassidy, MD & banking analyst at RBC, says the Bank Of America will benefit from the rise in short-term interest rates.
To stop deflationary risks from becoming entrenched, the European Central Bank needs to step up on the front-loading of asset purchases under its quantitative easing program, says Will Oswald, head of FICC at Standard Chartered Bank.
Vasu Menon, vice president, Group Wealth Management at OCBC Bank, says factors such as a stronger U.S. dollar and a slowdown in China will weigh on the Australian dollar.