China shares plunged, briefly touching correction territory in volatile trade, but analysts aren't paying it much attention.» Read More
China has halted the import of all milk powder from New Zealand and Australia, after Fonterra, the world's biggest dairy exporter, said it had found bacteria in some products that could cause botulism, a potentially fatal disease.
Australia's mining industry has been under increasing pressure over the past year, as slowing growth in China has led to waning demand and a slump in prices of key commodities.
As investors prepare for a deluge of data out of China this week, analysts told CNBC better-than-expected numbers could underscore the positive mood.
Beijing may relax the one-child policy by end-2013, said experts, following recent local media reports that the government is mulling changes to its law.
Oil markets are betting that key China indicators due this week will likely confirm a slowdown, despite official data last week showing surprise growth in factory activity.
The second quarter is shaping up to be a high point for corporate Japan in recent memory, with the majority of companies beating consensus estimates in their earnings reports.
A raft of data from China is likely to put the world's second-largest economy back in focus for Asian markets this week, with central bank meetings in Australia, Japan and South Korea also on the calendar.
China has halted imports of all milk powder from New Zealand and Australia,after bacteria that can cause botulism found in some dairy products raised food safety concerns.
China's Singles' Day had online sales of $4 billion last year, driven by the growing middle class. But the real power is Internet giant Alibaba, which co-opted the holiday to cause consumers hysteria.
Australian Prime Minister Kevin Rudd called a Sept. 7 general election on Sunday, barely six weeks after he toppled former leader Julia Gillard in a party-room vote, ending a turbulent three years in power for the minority Labor government.
New Zealand's Fonterra said it had found that an ingredient in its dairy products that contained a strain of a bacteria which can cause botulism, prompting China to recall affected products.
Growth in China's non-manufacturing sector improved in July as Beijing's recent support measures for small firms helped improve sentiment, though companies noted that inflation is picking up and pushing up costs.
This year's sharp fall in the yen may have been driven by aggressive monetary stimulus in Japan, but whether that trend continues is largely dependent on the U.S. monetary policy outlook, analysts say.
As the Aussie dollar continued its slide to a fresh 3-year low against the greenback, analysts said there are other currencies that might make a better bet against the battered Aussie.
Toyota raised its operating profit forecast for the financial year ending in March 2014 by 7.8 percent as the weakening yen makes its export business more profitable.
Goldman Sachs recommends gaining exposure to China'e export sector since it is set to benefit from a turnaround in the global economy, in particular a revival in the U.S. economy.
Australia boasted the largest ever rise in visitor arrivals in June as fans of the British and Irish Lions invaded the country to watch a one-in-12 year rugby test series.
China's first lady Peng Liyuan has landed on the coveted Vanity Fair international best-dressed list ahead of her U.S. counterpart Michelle Obama.
In a few remote corners of China, two of France's top winemakers have more on their minds than a trade row with their most promising export market.
Singapore sovereign wealth fund GIC said it believes the western banking industry is healing and it has the capacity to invest more in the financial sector.
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Despite hitting a two-week low against the U.S. dollar, the Indian rupee remains poised for a "real trade-weighted appreciation", says Mirza Baig, Asian currency strategist at BNP Paribas.
China's stock market bull market remains intact, says Wong Kok Hoi, Founder & CIO at APS Asset Management
Ian Bright, senior economist at ING, discusses a survey which revealed that wedding budgets in Europe are shrinking due to the ripple effects of a slowing economy.