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.
Japanese equities have risen a "bit too fast" and appear to be somewhat "bubbly," according to the former vice finance minister of Japan, as the Nikkei crossed the key 15,000 on Wednesday.
India's headline inflation, which eased to its lowest level since 2009 in April, was cheered by economists who believe the doors are now open for greater support by the country's central bank.
Gold imports into the world's largest consumer of the precious metal surged 138 percent in April, widening the already ballooning current account and trade deficits. But, economists say this could be a one-off.
Standard Chartered's asset quality is deteriorating and investors are miscalculating risk in the loan book of the British lender, according to Carson Block, founder of U.S.-based short seller Muddy Waters.