Xinhua Asia-Pacific news summary at 1000 GMT, Jan. 25

KUALA LUMPUR -- The Malaysian Central Bank raised its Overnight Policy Rate (OPR) by 25 basis points to 3.25 percent on Thursday, the first time in three years, joining more central banks in tightening the monetary policy.

The floor and ceiling rates of the corridor for the OPR were correspondingly raised to 3.00 percent and 3.50 percent respectively, Bank Negara Malaysia said in a statement. (Malaysia-Bank rate)

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JAKARTA -- Indonesia, Malaysia, Singapore, the Philippines, Thailand and Brunei Darussalam agreed on Thursday to cooperate and coordinate on exchange of information to battle radicalism and terrorism in the region.

The launch of the cooperation so called "Our Eye" was undertaken in Nusa Dua of Bali Island. (Indonesia-ASEAN-Fight terrorism)

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NEW DELHI -- A massive fire broke out at a mattress godown in the Indian capital on Thursday, officials said. There have been no reports of any casualties in the incident so far.

"The fire broke out at the mattress godown in Mundka area. Some 30 fire tenders have been pressed into service to douse the flames," a fire department official said. (India-Fire)

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SEOUL -- South Korean stocks hit a new record high Thursday thanks to stock purchases both by foreign and institutional investors amid upbeat economic indicator of the South Korean economy.

The benchmark Korea Composite Stock Price Index (KOSPI) gained 24.23 points, or 0.95 percent, to settle at 2,562.23. Trading volume stood at 507.15 million shares worth 7.68 trillion won (7.24 billion U.S. dollars). (South Korea-Stock market-Record) Enditem