The Times Higher Education university rankings for Asian universities are out for 2011-2012 (for those that take university rankings seriously).
Taking the top five spots are:
1. University of Tokyo. Japan.
2. University of Hong Kong. Hong Kong.
3. National University of Singapore. Singapore.
4. Peking University. China.
5. Kyoto University. Japan.
Naturally I’m not too sure what the implications are for an Asian university to be ranked by a British organization but lists and rankings are always fun to look at.