Rajeshni Naidu-Ghelani is an Assistant Producer for CNBC.com. She joined the website in 2011 and her role involves creating slideshows for the Asia-Pacific region, as well as writing investment and feature stories. Prior to joining CNBC, Rajeshni worked as Web Journalist for Canadian news channel CP24 in Toronto, and as an Associate Producer for Ninemsn.com in Sydney, Australia. Rajeshni holds a BA in English from the University of Toronto and MA in Media Practice from the University of Sydney.
A surprise contraction in Singapore's economy in the first quarter of this year shows that the wealthy island state continues to struggle, prompting Credit Suisse to call for more downgrades to the country's 2013 growth forecasts.
Mainland shares of property developers continued their two-day rally sharply higher on Tuesday despite the announcement over the weekend that Beijing and Shanghai will enforce the property curbs announced in early March.