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.
The positive surprise in China's official PMI is a result of improving business sentiment on the back of Beijing's recent stimulus announcement, analysts told CNBC.
Taiwanese smartphone maker HTC is the "biggest victim" of the intensifying battle in the premium handset space, and there could be little scope for it to stage a turnaround.
Investors searching for clarity this week from Fed officials on the timeline of the winding down of U.S. monetary stimulus shouldn't hold their breath.