Ansuya Harjani joined CNBC's web and digital team in 2010, where she writes investment and feature articles with a focus on Asian economies. Prior to joining CNBC, she was a producer for the BBC's "Asia Business Report." Harjani holds a bachelor's degree in international relations from the University of Virginia.
Ansuya Harjani
Assistant Producer, CNBC Asia
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Global demand for gold fell five percent in the first quarter to 1,097.6 tones, according to the World Gold Council (WGC), driven by a decline in jewelry and central bank buying.
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While emerging market equities have struggled to hold onto gains this year, Vietnamese stocks have surged 20 percent to become Asia’s best performing market so far this year, driven by improving macro-economic fundamentals and stabilization in the local currency.
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Economic growth in Asia, which has been slowing in recent months, is set to recover in the second-half of the year, on the back of a rebound in China, say economists at HSBC.
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India announced a number of measures on Monday to support the embattled rupee, including raising the limit on foreign investment in government bonds, but analysts told CNBC the moves will not reverse the downtrend in the currency, which has declined over 25 percent in the last 12 months.
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Even as worries mount over India’s slowing growth and tumbling currency, some strategists are recommending investors ramp up their exposure to the country’s equities, which are trading at the cheapest level in 20 months.
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.160x105.jpg?v=1343454918 "Why India's Banks Are Especially Vulnerable to a Downgrade")
As the odds of a credit downgrade for India rise, the country’s banks could prove to be especially vulnerable, due to their significant exposure to government debt.
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Microsoft’s launch of its first-ever computer, in the form of a tablet called ‘Surface’, marks a major shift by the tech giant into the hardware space, as it seeks to replicate the success enjoyed by rival Apple, technology analysts tell CNBC.
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.160x105.jpg?v=1343233624 "India Takes the Right Step by Holding Rates, Say Pros")
The Indian central bank’s surprise decision Monday to hold interest rates steady may have sent the stock market and rupee falling, but analysts tell CNBC the Reserve Bank of India did the right thing.
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The euro reversed earlier strong gains against the U.S. dollar in Asian trade on Monday, as optimism surrounding the expected win by Greece’s pro-bailout parties in Sunday’s critical elections proved short-lived for the single currency.
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Singapore could fall into a recession if Greece were to exit the euro zone, being the most vulnerable Asian economy, together with Hong Kong, given its close trade and financial links with Europe.