White House: General Motors to file bankruptcy; Government to take 60 percent ownership stake

WASHINGTON — General Motors, the humbled auto giant that has been part of American life for more than 100 years, will file for bankruptcy protection on Monday in a deal that will give taxpayers a 60 percent ownership stake and expand the government’s reach into big business.

AP Sources: General Motors to file bankruptcy; Government to take 60 percent ownership stake

WASHINGTON — General Motors, the humbled auto giant that has been part of American life for more than 100 years, will file for bankruptcy protection on Monday in a deal that will give taxpayers a 60 percent ownership stake and expand the government’s reach into big business.

Temples should be used to unite Malay Indians, says MIC leader

KUALA LUMPUR - Temples in Malaysia should be used to unite the Malay Indian community, the Tamil Nesan quoted Malaysian Indian Congress (MIC) secretary-general Dr. S. Subramaniam, as saying.

Malay Indians agitated over selling of ASM units

PUTRAJAYA - Malay Indians are reportedly agitated over the unexpected sale of Amanah Saham Malaysia (ASM) units, which were specially allotted to their community.

Bangladesh charges British official with terror funding

DHAKA - Investigators Tuesday formally charged the head of a British charity and 10 Bangladeshi agents with financing terrorism in the guise of operating a religious school in Bangladesh.

Soldier takes a final leap from airplane to honor skydive instructor who died mid-jump

RALEIGH, N.C. — Pfc. Daniel Pharr decided he’d tempt fate just once more to honor the parachute instructor who was tethered to him and died as the pair floated toward the ground a couple of months ago.

Reports: South Korean prosecutors to question former president in bribery scandal

Reports: SKorean prosecutors to quiz ex-president

SEOUL, South Korea — South Korean prosecutors will question former President Roh Moo-hyun about whether he received millions of dollars from a businessman while in office, news reports said Saturday.

Pak ECC approves bilateral trade with India

ISLAMABAD - Pakistan’s Economic Coordination Committee has accepted the Ministry of Commerce summary seeking permission for bilateral trade with India through Wagah-Attari road link.

Chennai ideal Davis Cup venue to host Australia: Misra

NEW DELHI - India’s Davis Cup non-playing captain S.P. Misra is delighted that All India Tennis Association (AITA) has gone along with the players in choosing Chennai as the venue for the Davis Cup tie against Australia from May 8-10.

Bangladesh standoff heads for a climax

DHAKA - Tanks moved into position to prepare for an assault on the Bangladesh Rifles (BDR) headquarters where mutinous troopers, who had battled the army Wednesday, were holed up. An agreement with the government to resolve the impasse seemed to flounder as the mutiny spread to other parts of the country with at least 50 deaths reported.

Mutiny spreads in Bangladesh, PM warns of stern action (Fourth Lead)

DHAKA - The mutiny by Bangladesh Rifles (BDR) troopers, who battled the army Wednesday, spread to several towns Thursday as Prime minister Sheikh Hasina warned of stern action to quell the unrest. The fate of BDR chief Major General Shakil Ahmed and other senior army officers missing since Wednesday was not known yet.

Taliban release kidnapped official in Pakistan

ISLAMABAD - The Taliban in northwest Pakistan Sunday released a government official after holding him hostage for several hours.

Government creates 12 new central universities through ordinance

NEW DELHI - The government will issue an ordinance to create 12 new central universities, it was announced here Friday.

Pakistan needs to do more: Boucher

NEW DELHI - A day after Pakistan accepted the nationality of the lone Mumbai attacker in Indian custody, US Assistant Secretary of State for Central and South Asia Richard Boucher stepped up pressure on Islamabad, saying that the US was determined to find out the truth behind the Mumbai carnage.