LG Electronics said its profit rose 26.5 percent from a year earlier as its mobile business profited for the first time in a year.
SK Hynix said shipment growth would slow in the third quarter as it posted its first drop in quarterly profit in two years.
The Kiwi was crushed as the country's central bank warned against its strength following its decision to hike interest rates.
China's HSBC flash PMI rose to 52 in July as the government's stimulus measures worked their magic, consolidating a recovery in the world's second biggest economy.
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Dominic Schnider, Head Commodities & APAC Forex at UBS Wealth Management, outlines factors that will weigh on gold prices in the coming months.
Robert Rennie, Global Head of FX Strategy at Westpac Bank, says the Reserve Bank of New Zealand is trying to "re-connect" its currency with the country's key commodity exports.
Shen Jian Guang, Greater China Chief Economist at Mizuho, says China will likely hit its growth target with stronger stimulus fueling economic activity in the second half of 2014.