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Asian stocks rise on momentum from US budget deal

By , on January 3rd, 2013

<!– google_ad_section_start –> BANGKOK (AP) — Asian stock markets rose again Thursday on a second day of momentum following an agreement preventing the U.S. from going off the so-called fiscal cliff. A last-minute deal agreed to by U.S. lawmakers late Tuesday prevents steep tax and spending cuts from automatically taking effect. The cost of those cuts was so great that economists were warning they could eventually trigger a recession in the world’s largest economy. <!– google_ad_section_end –>

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Asian stocks rise on momentum from US budget deal

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