UNITED STATES

Asia stocks rise on China growth, Fed to assess

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Asian stocks advanced on Tuesday, supported by optimism that China would shun aggressive measures to curb inflation that could inhibit its strong economic growth or blunt its voracious demand for raw materials.

Way clears for tax cut vote

Christopher Dodd (D-CT) (L) confers with Sen. Richard Shelby (R-AL)
The U.S. Senate today passed, 83 to 15, a procedural measure that allows the Middle Class Tax Relief Act of 2010 to come to the Senate floor for a vote. The measure also allows a limited time for debate before the vote, which could take place later this week.
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WikiLeaks's founder Assange seeks bail in UK court

Lawyers for Julian Assange, held in Britain over allegations of sex crimes in Sweden, will try again on Tuesday to win bail for the WikiLeaks founder who provoked U.S. fury by publishing secret diplomatic cables.
Michelle Obama

Obama signs healthy lunches bill

Accompanied by Cabinet members, members of Congress from both parties, parents, teachers, students and the First Lady, President Barack Obama today signed the Healthy, Hunger-Free Kids Act of 2010 into law.
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BlackBerry Torch seen aiding RIM's results

Research In Motion likely sold as many BlackBerrys in its last quarter as Apple sold iPhones, aided by a strong showing from its new Torch smartphone, as Google gathers steam and Microsoft enters the fray.
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Executives see no need for more U.S. stimulus: survey

Corporate treasurers and finance executives believe that no additional fiscal stimulus is necessary to boost the U.S. economy, and many see inflation risks in the Federal Reserve's latest bond-buying effort, according to a survey released on Monday.
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Senators press China on piracy, counterfeiting

Two senators, armed with a new report on piracy and counterfeiting in China, urged Beijing on Monday to step up efforts to protect American movies, software and other goods from illegal copying.
Coroner rules Wang Xiaopeng was justified in his actions for killing burglar who was assaulting his wife

Legal sector struggling, reports suggest

A significant drop in jobs in the legal sector over the past two months and a sluggish rise in billing rates in 2010 indicate that law firms are still struggling to overcome the economic slowdown.
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Bunds track Treasuries, ECB bond buy fails to impress

Government bond prices in Europe fell on Monday, tracking a renewed slide in U.S. Treasuries, with a figures from the European Central Bank showing it had bought fewer bonds than some investors had anticipated.
Singapore

Singapore officials disparaged Asian neighbors: WikiLeaks

Singapore's top government officials spewed venom towards the political leaders of some of its Asian neighbors, according to U.S. diplomatic cables obtained by WikiLeaks and provided to an Australian newspaper, The Sun Herald.
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YouTube's most- watched videos in 2010

As the year is coming to an end YouTube is also ready with the list of most viewed videos that people in US and around the world were searching and watching for in 2010, said YouTube blog post.
A man walks into the trading hall of the Hong Kong Exchanges and Clearing in front of Christmas lighting in Hong Kong - file photo.

US falls way behind China in IPO value

Even as the risk appetite of global investors is picking up steam once again, emerging economies have gone past the U.S. in leading the investment pick-up.

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