Asia News

China raises interest rates amid inflation worries

By Sun, Dec 26, 2010 10:38AM UTC

BEIJING (AP) — China increased interest rates Saturday for the second time in little more than two months as the government steps up its fight against rising inflation that could threaten political stability. Those worries about inflation in the world’s second-biggest economy meant the move by The People’s Bank of

Rocket with Indian satellite explodes after launch

By Sun, Dec 26, 2010 10:31AM UTC

NEW DELHI (AP) — A rocket carrying an Indian communication satellite exploded just after liftoff in the second launch failure for India’s space agency this year. Television images showed the rocket exploding in smoke and fire just after it launched Saturday from the Sriharikota space center in Andhra Pradesh state.

How were our 2010 predictions?

By Sun, Dec 26, 2010 9:35AM UTC

At the start of 2010, the ShadowLands blog and a few brave commenters made some predictions for the year. How did we go? The predictions are in the dot points, with our assessment in italics. More of the same. Dozens more asylum seekers to drown and Kevin Rudd’s apologists to

Filipino Reds ready for war or ‘peace’ with Aquino govt

By Sun, Dec 26, 2010 3:12AM UTC

The Communist Party of the Philippines today marks its 42nd anniversary confident that, if circumstances and conditions permit, it may need as little as five years to get to the stage of strategic stalemate in its war with the Manila government. The office of President Benigno Aquino III has said it

Junta chief turns down Suu Kyi’s second Panglong approach

By Sat, Dec 25, 2010 11:55PM UTC

Burma’s Commander-in-Chief of Defense Services Senior General Than Shwe made an address at the Passing out of Parade of No. 12 Intake of the Defence Services Medical Academy on 24 December. According to his speech, in Burma there are over 100 ethnic groups who have lived in friendship and harmony