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Monday, December 26, 2011

Business Today: Japan, India shares gain in holiday-thin Asia, U.S. hopes help

Reuters
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12/26/2011
News Good Morning
LATEST NEWS
Japan, India shares gain in holiday-thin Asia, U.S. hopes help
TOKYO (Reuters) - Japanese and Indian stocks outperformed the rest of Asia in thin trade Monday, with sentiment partly lifted by signs of U.S. economic recovery, although trading was subdued with many markets closed for Christmas holidays. | Full Article
BofA mulls more asset sales to boost capital
December 26, 2011 08:03 AM ET
(Reuters) - Bank of America Corp is lagging behind its major U.S. competitors in complying with new capital rules, leading the bank to consider even more asset sales, sources said. | Full Article
Yuan hits all-time high
December 26, 2011 07:46 AM ET
SHANGHAI (Reuters) - The yuan closed up against the dollar on Monday after hitting an all-time high in intraday trading, guided by a stronger mid-point by the People's Bank of China, and looks set for an over-4-percent appreciation for 2011, traders said. | Full Article
China expects 11 percent industrial output growth in 2012
December 26, 2011 06:44 AM ET
BEIJING (Reuters) - China's industrial output is expected to grow 11 percent for 2012, easing from an estimated 13.9 percent in 2011, China's industry minister said on Monday. | Full Article
Japan hopes Europe will boost rescue mechanism: sources
December 26, 2011 07:37 AM ET
TOKYO (Reuters) - Europe should boost the total firepower of its rescue fund and frontload its funding to send a positive signal to investors and international partners that it is determined to solve its debt crisis, Japanese officials said on Monday. | Full Article
US TOP NEWS
Nigeria leaders rapped after Islamists attack churches
December 26, 2011 07:16 AM ET
ABUJA (Reuters) - Nigeria lacks competent leaders to tackle its security problems, a former military ruler said on Monday, following Christmas Day bomb attacks on churches by Islamist militants that killed more than two dozen people. | Full Article
Japan urges China to help keep North Korea in check
December 26, 2011 02:12 AM ET
BEIJING (Reuters) - Japan urged China on Monday to shoulder a big role in ensuring North Korea avoids volatility after the death of its leader, Kim Jong-il. | Full Article
Syria fighting kills 13 ahead of Arab monitor visit
December 26, 2011 07:32 AM ET
BEIRUT (Reuters) - Thirteen people were killed as Syrian armored forces battled opponents of President Bashar al-Assad in Homs on Monday, residents said, ahead of a planned visit by Arab League monitors to verify whether he is ending a violent crackdown on unrest. | Full Article
Exclusive: Afghanistan sets ground rules for Taliban talks
December 26, 2011 02:58 AM ET
KABUL (Reuters) - Afghanistan will accept a Taliban office in Qatar to help peace talks but no foreign power can get involved in the process without its consent, the government's peace council said, as efforts gather pace to find a solution to the 10-year war. | Full Article
Sony to sell LCD venture stake to Samsung for $940 million
December 26, 2011 04:13 AM ET
TOKYO/SEOUL (Reuters) - Sony Corp has agreed to sell its nearly 50 percent stake in an LCD joint venture with Samsung Electronics to the South Korean company for $940 million, as it struggles to reduce huge losses at its TV business. | Full Article
HEALTH NEWS
Doctors split on vaccine strategy to shield babies
Mead Johnson says retesting shows Enfamil is safe
Holiday recalls hit snack makers, alfalfa producer
Mentally ill flood ER as states cut services
France, UK issue clashing advice on breast implants
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