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RSS Bestselling Biographies & Memoirs

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Asia stocks jump as US budget deal appears near

By , on January 2nd, 2013

<!– google_ad_section_start –> BANGKOK (AP) — Stock markets in Asia registered relief Wednesday as U.S. lawmakers edged toward a deal to stop hundreds of billions of dollars in automatic tax increases and spending cuts from taking effect that could throw the world’s biggest economy off a so-called fiscal cliff. Benchmarks in Australia and Hong Kong boomeranged on the first trading day of the year after the Democratic-led U.S. Senate passed an emergency measure to avert much of the impact of the tax-and-spending changes. <!– google_ad_section_end –>

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Asia stocks jump as US budget deal appears near

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