Gross domestic product expanded an annualized 2.6 percent from the year before, topping the advance estimate of 2.1 percent.
The Australian government may allow foreign airlines to operate domestic routes, reports the Wall Street Journal.
A China infrastructure tycoon who is suing local governments for failing to pay bills said he reached settlement deals. The FT reports.
Here are 10 key highlights - and lowlights - from Indian Prime Minister Narendra Modi's first year in office.
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Rahul Bajoria, regional economist at Barclays, expects key reforms involving the goods and services tax (GST) and land acquisition to be cleared within the next 6-12 months.
Singapore's manufacturing and services sectors expanded in the first quarter, topping expectations for a contraction, alongside strong growth in construction output, says Joseph Incalcaterra, economist at HSBC.
Mark Tinker, head of AXA Framlington Asia, says policymakers are telling markets to move beyond interest rates and start focusing on improving productivity around the world.