World markets are opening 2013 on a high note, after the U.S. Congress reached a deal to end the so-called “fiscal cliff” crisis that threatened to send the world’s largest economy into recession. Asian stock markets welcomed the development in the first trading of the new year, with Hong Kong jumping 2.9 percent, Sydney gaining […]
Global Markets Higher As US Congress Averts Fiscal Cliff
Posted January 2nd, 2013 at 6:00 am (UTC-5)
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Rebels in Syria Attack Northern Airport
Posted January 2nd, 2013 at 5:45 am (UTC-5)
Opposition activists say Syrian government forces and rebels are waging a fierce battle near an airport in the northern Idlib province, on Wednesday, a day after similar clashes prompted officials to close the airport in Aleppo. The Britain-based Syrian Observatory for Human Rights says rebels have launched an attack on a military airport near Taftanaz. […]
S.Korea Dismisses Kim Jong Un’s Call for Reduced Tensions
Posted January 2nd, 2013 at 3:35 am (UTC-5)
South Korea is dismissing a New Year’s Day speech by North Korean leader Kim Jong Un that called for reduced tension between the two long-time rivals. Unification Minister Yu Woo-Ik said Wednesday that Mr. Kim’s speech was “bland” and contained “no ground-breaking proposal,” adding thatb Seoul had good reason to question the young leader’s intentions. […]
Asian Markets Higher As US Congress Averts Fiscal Cliff
Posted January 2nd, 2013 at 12:35 am (UTC-5)
Asian markets are responding positively after the United States Congress passed a deal late Tuesday to end the so-called “fiscal cliff” crisis that threatened to plunge the world’s largest economy into recession. Hong Kong was up 1.9 percent, Seoul rose 1.4 percent, and Sydney saw a 1.26 percent gain in trading Wednesday, as the House […]
