Asia is the best bet for emerging markets, says UBS's Jorge Mariscal.
Divers on Tuesday pulled three people alive from inside an overturned cruise ship and searched for other survivors.
The yen fell to its weakest against the greenback since 2002 on Tuesday, piercing a key psychological level and puzzling traders.
The Reserve Bank of India (RBI) cut interest rates for the third time this year on Tuesday, providing a fresh shot in the arm for Asia's third largest economy.
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