The Philippine economy grew an annual 6.4 percent in the second quarter, supported by strong growth in the industrial and services sectors.
As the Korean wave continues, lucrative foreign investments from France to China could spark the next rush for the country's pop culture.
The Chinese government launched a "fresh round of mini-stimulus" to counter growth headwinds, according to a Bank of America Merrill Lynch report.
The Dow Jones Industrial Average posted its largest annual gain last year and while momentum has slowed, investors are questioning whether the rise has run its course.
As the war of words between Australian dollar bears and bulls continues charts indicate that the bears may have the right call in the short term.
Investors are wondering whether the S&P 500 can sustain its momentum amid worries that the rally in U.S. stocks may be testing its limits.