China’s power in Asia is plateauing at a level below the US as its economic capability is curtailed, according to the Lowy Institute’s annual analysis of influence in the region.

India is rising as a key player in Asian geopolitics, ranking third in the Asia Power Index by the Lowy Institute. The report highlights India's growing diplomatic influence and economic resurgence but notes challenges in economic relationships and defense networks.

In the battle for power and influence in Asia, one report says the size of a country's military isn't all that matters.

Asian stocks firmed on Monday ahead of central bank meetings that are widely expected to deliver two more rate cuts and key US inflation figures that should flash a green light for more easing there.

Asian equity markets were nearly universally higher overnight after the US Fed cut rates by 0.50%, despite a lackluster reaction on Wall Street.

By Wayne Cole SYDNEY (Reuters) -Asian stocks firmed on Monday ahead of central bank meetings that are widely expected to deliver two more rate cuts and key U.S. inflation figures that should flash a