The Nikkei index has been soaring, but one technician says the Japanese rally shows no signs of easing up.
Beijing was pushed into launching the AIIB by U.S. refusal to give China more clout in existing institutions, Bernanke said. The FT reports.
China's low-cost smartphone maker Xiaomi launched a foray into U.S and Europe this week, but don't expect its handsets there anytime soon.
India's prime minister plans to provide farmers with income insurance tied to crop prices, but it may not ease rural distress much.
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Gerard Cassidy, MD & banking analyst at RBC, says the Bank Of America will benefit from the rise in short-term interest rates.
To stop deflationary risks from becoming entrenched, the European Central Bank needs to step up on the front-loading of asset purchases under its quantitative easing program, says Will Oswald, head of FICC at Standard Chartered Bank.
Vasu Menon, vice president, Group Wealth Management at OCBC Bank, says factors such as a stronger U.S. dollar and a slowdown in China will weigh on the Australian dollar.