Asia News

Signs of decay

By Sat, Oct 23, 2010 8:54PM UTC

The current economic crisis in Europe and North America has got some old Marxist types excited about the decay of capitalism. But if you want to see what political system is most responsible for decay, you’ll get your reality check right here.

Group of 20 vows to avoid currency devaluations

By Sat, Oct 23, 2010 5:04PM UTC

The world’s leading advanced and emerging countries vowed Saturday to avoid potentially debilitating currency devaluations, aiming to quell trade tensions that could threaten the global recovery. The Group of 20 also agreed to give developing nations more say at the International Monetary Fund, part of what it described as an

Singapore charges American over alleged phone scam

By Sat, Oct 23, 2010 3:53PM UTC

An American who already may be caned for overstaying his visa in Singapore was charged with fraud Friday for allegedly scamming an Australian man out of thousands of dollars. Prosecutors alleged Friday that calls made from Kamari Charlton’s mobile phone in March deceived Mirko Prskalo into sending 17,145 Australian dollars

Pakistan struggles to hold gains against Taliban

By Sat, Oct 23, 2010 3:19PM UTC

For Pakistan’s army, ejecting militants from safe havens near the Afghan border has proven to be the easy part. The problems come later: The guerrillas creep back and carry out attacks. Civilians never return. This is especially true in South Waziristan, where some 30,000 ground troops launched an offensive a

Afghan aid work threatened by private security ban

By Sat, Oct 23, 2010 3:08PM UTC

A U.S.-funded program to bolster local governance and community development across Afghanistan said Friday that it will close down before the end of the year if President Hamid Karzai does not modify his ban on private security companies. The Obama administration is scrambling to avert a crisis over the ban,