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Yahoo has approved a deal to pay $1.1 billion for the blogging site Tumblr, the New York Times reported.
Several book shops on Hong Kong's teeming shopping streets specialize in selling books and magazines banned by China.
North Korea fired a short-range missile from its east coast on Sunday, a day after launching three of these missiles, a South Korean news agency said.
China's housing inflation quickened in April, marking the fourth consecutive year-on-year rise.
More fund managers are growing increasingly bearish on the outlook for China, believing "a hard landing" for the economy and a "commodity collapse" are currently the biggest tail risks facing markets, a monthly survey by Bank of America/Merrill Lynch show
Japan surpassed expectations in the first quarter, expanding at its fastest pace in a year, but an important pillar of growth was missing.
Australia's budget on Tuesday has raised concerns that the country could follow in the same path as the highly indebted euro zone, said one expert.
Chris Bertelsen, CIO at Global Financial Private Capital, shares his incite into the US QE and when to expect the effects, and which stocks are going to be great opportunities in the US market.
Brendan Brown, Head of Research at Mitsubishi UFJ Securities International says the Australia carry trade is at the beginning of an implosion and other emerging market carry trades might follow the same path.
John Noonan, Senior FX Analyst at Thomson Reuters says a bearish AUD is the dominating trade in the macro fund community. Dhiren Sarin, Chief Technical Strategist, Asia Pacific at Barclays gives his Technical Analysis on currencies.