The Japanese are hoarding over $300 billion under their mattresses that will likely stay there, barring a crisis of epic proportions.
China's factory activity surprisingly expanded in March,official data showed Wednesday, but it won't change the PBOC's easing stance, analysts say.
Sentiment among Japan's big manufacturers is set to worsen after holding steady in the first quarter, the BOJ's Tankan survey showed.
Japan indicated it would not become a founding member of the AIIB, staying loyal to the U.S., which has urged allies not to join, NYT reports.
Get the best of CNBC in your inbox
Francis Cheung, head of China & Hong Kong strategy at CLSA, says China will cut interest rates as early as April, which will likely improve economic data for the second quarter.
Jim Sarni, managing principal at Payden & Rygel, likes corporate bonds and stocks with high dividend yields such as the real estate investment trust (REIT).
Bill Shorten, opposition leader in Australia, says the free trade deal presents opportunities in sectors like services. He also discusses Australia's participation in the Asian Infrastructure Investment Bank.