India's Supreme Court has allowed detained tycoon Subrata Roy to leave prison for a few hours to negotiate sales of hotel properties.
The losing candidate in Indonesia's presidential election, ex-general Prabowo Subianto, will challenge the result in the Constitutional Court.
China shares may be seeing bullish calls after years of underperformance, but some analysts remain pessimistic on the market.
Australian consumer prices rose modestly but saw a high reading for a gauge of underlying inflation.
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Sofjan Wanandi, Chairman of Indonesian Employers Association (APINDO), says Prabowo is talking about mounting a legal challenge because he knows he is losing the presidential elections.
Geoff Kendrick, Head Asia FX and Rates Strategy at Morgan Stanley, expects the rupiah to hit 11,000 against the U.S. dollar in the near term.
News that a Chinese firm Huatong Road & Bridge may be at risk of a bond default have set alarm bells ringing among investors in the mainland. CNBC's Samantha Loring reports.