Asian shares edge up; Fed move, fiscal cliff in focus

TOKYO (Reuters) - Asian shares edged higher while the euro steadied on Tuesday, but prices were capped as investors waited for the U.S. Federal Reserve's policy decision later this week and any progress in U.S. budget talks. MSCI's broadest index of Asia-Pacific shares outside Japan <.miapj0000pus> nudged up 0.2 percent. The index has hit successive 16-month highs for the past four...

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Changing of the Guard: Signals in China of a More Open Economy

Carlos Barria/ReutersIn November, Xi Jinping made his official debut as party chief at the 18th party congress, which military officers attended. BEIJING — In a strong signal of support for greater market-oriented economic policies, Xi Jinping, the new head of the Communist Party, made a visit over the weekend to the special economic zone of Shenzhen in south China, which has stood as a symbol of...

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In giant “garage sale”, Japan’s TV giants hawk $3 billion of assets

TOKYO (Reuters) – Panasonic Corp, Japan‘s struggling maker of Viera brand TVs, owns more than 10 million square meters of office and factory space, dormitories for its workers and sports facilities for its rugby, baseball and women’s athletics teams.As it battles for Christmas shoppers’ wallets in the year-end holiday season, the sprawling electronics conglomerate is also seeking buyers for some of...

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Tim McGraw and Faith Hill Kick Off Special Series of Las Vegas Shows

By Mark Gray 12/09/2012 at 05:00 PM EST Tim McGraw and Faith Hill Denise Truscello/WireImage Tim McGraw and Faith Hill looked at each other, their hands on each others knees and shared a passionate kiss just after midnight Sunday morning. The moment was a long...

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Smokers celebrate as Wash. legalizes marijuana

SEATTLE (AP) — The crowds of happy people lighting joints under Seattle's Space Needle early Thursday morning with nary a police officer in sight bespoke the new reality: Marijuana is legal under Washington state law.Hundreds gathered at Seattle Center for a New Year's Eve-style countdown to 12 a.m., when the legalization measure passed by voters last month took effect. When the clock struck, they...

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Asian shares firm as China, U.S. data brighten outlook

SINGAPORE (Reuters) - Asian shares clambered to a 16-month high on Monday as investors took heart from economic data from China and the United States that raised hopes about the outlook for growth in the world's top two economies. The euro was under pressure, having been knocked by the prospect of a recession in Germany and political uncertainty in Italy after Prime Minister Mario Monti,...

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Morsi Extends Compromise to Egyptian Opposition

Tara Todras-Whitehill for The New York TimesProtesters against President Mohamed Morsi next to a destroyed barricade near the presidential palace in Cairo on Saturday. More Photos »CAIRO — Struggling to quell violent protests that have threatened to derail a referendum on an Islamist-backed draft constitution, President Mohamed Morsi of Egypt moved Saturday to appease his opponents with a package...

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Synacor partners with Zynga to bring social games to pay TV

(Reuters) – Synacor Inc, partly owned by Intel Corp, said it partnered with Zynga Inc to allow pay TV and broadband providers offer social games to their customers.Zynga shares rose about 3 percent to $ 2.30 in premarket trading, while Synacor shares were up about 5 percent at $ 6.60.Synacor said certain pay-TV subscribers will get in-game currency each month as part of their subscription that can...

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Michelle Branch's Daughter's Dream Job Is For the Birds - Literally

Mom & Babies Celebrity Baby Blog 12/03/2012 at 02:00 PM ET Sthanlee B. Mirador/Shooting StarIt seems as if Michelle Branch‘s daughter won’t be following in her musical footsteps any time soon.While the Grammy Award winning singer/songwriter and her husband, bass player Teddy Landau, are no strangers...

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Smokers celebrate as Wash. legalizes marijuana

SEATTLE (AP) — The crowds of happy people lighting joints under Seattle's Space Needle early Thursday morning with nary a police officer in sight bespoke the new reality: Marijuana is legal under Washington state law.Hundreds gathered at Seattle Center for a New Year's Eve-style countdown to 12 a.m., when the legalization measure passed by voters last month took effect. When the clock struck, they...

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