China shook off the global crisis as growth surged to 10.7 percent in the final quarter of 2009 but inflation picked up, adding to pressure on Beijing to cool rising prices without disrupting the recovery.
Japan Airlines filed for one of the country's largest bankruptcies ever Tuesday, entering a restructuring that will shrink Asia's top carrier and its presence.
IBM raised its 2010 profit target and reported a stronger-than-expected, 9 percent increase in fourth-quarter earnings, as cost cuts and a shift to more profitable contracts helped it weather a slump in corporate spending.