The RBA kept interest rates steady at a record low 2.0 percent, in line with expectations, but the Australian dollar still pushed higher.
Whether China shares are bubbly depends on which data bit catches the fancy, but the market is overbought, Credit Suisse said.
A small cruise ship carrying more than 450 people, many of them elderly, sank overnight in the Yangtze River during a storm in southern China.
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Matthew Circosta, economist at Moody's Analytics, discusses the jump in the Australian dollar following the Reserve Bank of Australia's decision to stand pat on monetary policy Tuesday.
Andre De Silva, head of Asia-Pacific Rates at HSBC Global Research, says factors such as a weather scare will pave the way for another rate cut by India's central bank.
Mehdi Hosseini, senior analyst at Susquehanna Financial Group, explains why Intel's purchase of Altera - a maker of programmable chips - could "adversely impact" TSMC.