
HONGKONG(Reuters)-MostAsianstockmarketsedgedhigheronThursdayonhopesofasteadyeconomicrevivalinChinaalthoughoilgavebacksomeoftheprevioussession'sstronggainsasinvestorstooksomemoneyoffthetableandbracedformoreU.S.budgetbattles.TheMSCIAsiaPacificex-Japanindexofstockswasup0.3percentfollowingWednesday's2percentjumponreliefthatU.S.politicianshadavertedthe"fiscalcliff".Japan'sNi...

WASHINGTON(Reuters)-PresidentBarackObamaandcongressionalRepublicansfaceevenbiggerbudgetbattlesinthenexttwomonthsafterahard-fought"fiscalcliff"dealnarrowlyaverteddevastatingtaxhikesandspendingcuts.Theagreement,approvedlateonTuesdaybytheRepublican-ledHouseofRepresentatives,wasavictoryforObama,whohadwonre-electioninNovemberonapromisetoaddressbudgetwoes,partlybyraisingtaxesonthew...

NEWYORK(Reuters)-U.S.stocksclosedout2012withtheirstrongestdayinmorethanamonth,puttingtheS&P500up13.4percentfortheyear,aslawmakersinWashingtonclosedinonaresolutiontothe"fiscalcliff"negotiations.TheS&P500'sgainfortheyearmarksitsbestperformancesince2009,asstocksnavigatedthroughdebtcrisesinEuropeandtheUnitedStatesthatdominatedtheheadlines.Still,withnumerousissuesinvolvingbu...

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