Paul Krugman is one of the world's most influential and provocative economists. Although Krugman made his professional mark in academia, where his work on trade and economic geography earned him a Nobel prize in 2008, it is his commentary that has brought wider public recognition.

Most Asian markets dipped on Friday after a broadly positive week as traders await the latest developments in the China-US trade row, while the dollar retained its strength ahead of a key inflation report.