World markets mixed as investors process U.S. election results

World markets mixed as investors process U.S. election results

November 7, 2012 - 11:48 AMT  07:48 GMT
"We believe that a status quo scenario is largely baked into stock prices," the UBS analysts wrote in a note to clients.
Many of ANCA congressional endorsees win their races

Many of ANCA congressional endorsees win their races

November 7, 2012 - 11:37 AMT  07:37 GMT
“We were greatly gratified to see such a large percentage of our Congressional endorsees win their races,” Ken Hachikian said.
China grants certification of quality to Sony’s PlayStation 3

China grants certification of quality to Sony’s PlayStation 3

November 7, 2012 - 11:33 AMT  07:33 GMT
"This does not mean that we have officially decided to enter Chinese market," Sony spokeswoman Mai Hora said.
AT&T to return money to overcharged mobile customers

AT&T to return money to overcharged mobile customers

November 7, 2012 - 11:24 AMT  07:24 GMT
The error was discovered in 2010 and customers were reimbursed when they contacted the carrier about the overage.
International lenders set to resume bailout talks with Cyprus

International lenders set to resume bailout talks with Cyprus

November 7, 2012 - 11:14 AMT  07:14 GMT
Last week the Cypriot finance minister said there were still disagreements with the troika on a number of issues.
Turkish govt. paving way to presidential system

Turkish govt. paving way to presidential system

November 7, 2012 - 11:01 AMT  07:01 GMT
“Presidential system can establish a strong leadership and create stability rather than disputes in the years ahead,” Bozdağ said.
UK PM attacks proposed rise in EU budget as 'ludicrous'

UK PM attacks proposed rise in EU budget as 'ludicrous'

November 7, 2012 - 10:46 AMT  06:46 GMT
If no agreement is reached by the end of next year the 2013 budget will be rolled into 2014 with a 2% rise to account for inflation.
Fukushima clean-up operation, compensation can reach $125bn

Fukushima clean-up operation, compensation can reach $125bn

November 7, 2012 - 10:39 AMT  06:39 GMT
At that time, TEPCO estimated the total cost of compensation and decontamination would be up to five trillion yen.
Israeli Deputy Foreign Minister praises Obama victory

Israeli Deputy Foreign Minister praises Obama victory

November 7, 2012 - 10:32 AMT  06:32 GMT
"I bless president Obama and the American nation on his reelection for a second term," Danny Ayalon said.
Multiple bomb explosions hit Alawite district in Damascus

Multiple bomb explosions hit Alawite district in Damascus

November 7, 2012 - 10:20 AMT  06:20 GMT
Smoke was seen rising from the Alawite enclave, known as Mezze 86, which is situated near the presidential palace.
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