Asia News

Asian stocks mixed after China’s rate hike

By Mon, Dec 27, 2010 10:09AM UTC

TOKYO (AP) — Asian stock markets were mixed in early trading Monday after China’s central bank raised interest rates over the weekend in a bid to rein in soaring inflation. Japan’s benchmark Nikkei 225 stock average rose 57.89 points, or 0.6 percent, to 10,337.08. Markets in Malaysia and Singapore were

Quake shakes New Zealand, causing minor damage

By Mon, Dec 27, 2010 9:16AM UTC

WELLINGTON, New Zealand (AP) — Masonry and glass rained down near post-Christmas shoppers as a magnitude 4.9 earthquake rocked Christchurch on New Zealand’s South Island on Sunday. No one was injured, but at least 20 buildings in the city’s center were damaged by the temblor, which scientists said was the

Communist rebels in show of force

By Mon, Dec 27, 2010 8:45AM UTC

With barely two kilometers and a hill separating a large column of communist rebels and a platoon of government soldiers, Asia’s oldest existing insurgency movement celebrated its 42nd founding anniversary before thousands of supporters and amid renewed calls to intensify guerilla warfare in Mindanao. Jorge Madlos, aka Ka Oris, said

Does the junta use drugs as a weapon in Burma’s politics?

By Sun, Dec 26, 2010 11:15PM UTC

The Burmese junta’s mouthpiece newspaper New Light of Myanmar reported yesterday that in the 2010-2011 poppy cultivation seasons, a total of 5745.03 acres of poppy plantations were destroyed by 13 December 2010. The paper also said that during the period 14 to 20 December, a total of 1564.9 more acres

Afghan official: NATO violated security agreement

By Sun, Dec 26, 2010 8:10PM UTC

KABUL, Afghanistan (AP) — Afghanistan’s Interior Ministry says NATO is in violation of a security agreement in Kabul and is suspending an Afghan police general who helped the U.S.-led coalition carry out a raid in the capital that killed two private security guards. Interior Ministry spokesman Zemarai Bashary said Sunday