Hillary Clinton is in Tokyo on the first stop of her First overseas trip as U.S. Secretary of State. The visit is to focus on the global economic crisis and Asian security hot spots. Clinton will also visit Indonesia, South Korea and China. Secretar...
A new survey indicates several South East Asian countries rank poorly in providing accessible and transparent information on their national budgets, raising fears of corruption in spending programs. Survey by the Washington-based International Budge...
The International Organization for Migration reports hundreds of migrants lured to Iraq by promises of well-paid jobs are stranded around the airport in Baghdad. IOM says the men are living in dire straits without any means of going home. Abraham Ch...
Stock markets around Asia rallied to a three-week high on news that the United States and other governments are considering bold steps to counter a global economic slowdown. Stocks rose Monday because of word a deal may be nearing to avert collapse...
Asian stocks have fallen again, as markets feel the pressure of a faltering world economy. The latest slide in shares has been prompted by more gloomy financial data from the United States. From Sydney, Phil Mercer reports. Trader walks in front of...
Stock markets in Asia have followed the downward trend set by Wall Street as fears mount over the state of the ailing global economy. The Australian government says it is hopeful that a coordinated response to the world's economic problems will emer...
Concerns about prospects for the global economy sent Asian shares falling, reversing gains made after Barack Obama became the U.S. president-elect. Markets in South Korea, Hong Kong and Japan all fell, although in Australia, a senior member of the g...
Financial markets in Asia have rebounded after massive central bank intervention and moves by the United States authorities to assist troubled financial firms. But as Ron Corben reports from Bangkok, while Asia's economic growth prospects are expect...
Stock markets across Asia followed U.S. and European shares sharply lower, in reaction to the collapse of the investment company Lehman Brothers. The markets in Tokyo, Seoul and Hong Kong - which were closed Monday for a holiday - led the selling. V...
Asian stock markets dropped sharply Monday after one of the world's biggest investment banks declared bankruptcy and another was taken over. Stock markets in Australia, Taiwan and Singapore dropped three-to-four percent on fears that the credit mark...