Alibaba is considering a stake in India's biggest smartphone maker, Micromax, according to sources close to the situation.
China's leaders are likely to resort to fiscal stimulus to revive growth after a run of monetary policy easings proved less effective.
Sluggish demand at home is driving up the supply surplus at China’s steel mills to critical levels and will drive down global prices, analysts warn.
Australia's economy lost jobs for the month of April after two strong months of employment, underscoring the continued fragility of the labor market.
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Elias Haddad, senior currency strategist at Commonwealth Bank, expects the British pound to see continued volatility in the short term due to the U.K. general elections.
Colin Chapman, founder & editor-in-chief of Australia and South East Asia Strategies, says David Cameron will likely remain as prime minister, but could face problems forming a coalition.
Anantha Nageswaran, CEO of Vansight, says factors such as a high foreign ownership of government bonds make Indonesia vulnerable to a Fed rate hike.