Days after army confrontation with Red Shirt protesters in Bangkok, Yellow Shirt leader Sondhi Limthongkul was ambushed in what analysts say may be a politically motivated assassination. Tensions have flared in the country, between Red Shirt protesters calling for PM Abhisit Vejjajiva to step down, and Yellow Shirts, who caused ...

Thai Prime Minister Abhisit Vejjajiva canceled a weekend ASEAN summit and has declared a state of emergency for Bangkok and five provinces after thousands of anti-government protesters stormed a summit venue on Saturday. 100,000 red-shirt protesters filled the streets of Bangkok earlier this week, demanding Abhisit step down. Rioters support ...

Asian currencies strengthened this week following an announcement that American banks could stand without government buyout, and optimism about new Chinese and Japanese stimulus packages.

The number of websites being shut down is rising in Southeast Asia, where the Internet had once been considered an instigator of democratic change. Previously democratic countries are curbing Internet activity and repressive states are following China's so-called "Great Firewall" censorship model.

Association of South-east Asian Nations (Asean) to give unified statement against trade protectionism at a summit next week, and will discuss details of a regional foreign reserve fund pool. Finance ministers in the Asia region are holding bilateral talks in the lead up, showing strategic cooperation to prevent trade protectionism.