Asian shares rise, yen slips after Fed's stimulus steps

TOKYO (Reuters) - Asian shares extended gains for a seventh day on Thursday, after the U.S. Federal Reserve took new stimulus steps to bolster the economy, pressuring the yen with expectations the Japanese central bank will follow suit with more easing next week. While stocks gained, oil and gold fell from post-Fed rallies, as investors took profits ahead of the year-end, and concerns...

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World Briefing | Middle East: U.N. Nuclear Inspectors Pay Visit to Iran

nuclear inspectors visited Iran for their first meeting since August, but they appeared to be no closer to resolving a dispute over their repeated requests to examine Parchin, a military site that the inspectors suspect was used for atomic weapons trigger tests. The head of the inspector delegation, Herman Nackaerts, deputy director of the International Atomic Energy Agency, based in Vienna, told...

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Fandango launches Oscar-themed web series with Dave Karger

LOS ANGELES (TheWrap.com) – Fandango is elbowing into the Oscar horse race.The movie-ticket seller launched its first original digital video series Wednesday, “The Frontrunners,” which will cover the major contenders for the top awards. The show will feature conversations with a star-studded group of Oscar hunters that includes Richard Gere (“Arbitrage”), Amy Adams (“The Master”), Hugh Jackman (“Les...

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Hugh Hefner's Engagement Ring to Crystal Harris Revealed

By Mike Fleeman 12/11/2012 at 07:00 PM EST The wedding's back on – though it may be a good idea to save that gift receipt. Hugh Hefner, 86, officially confirms that he is once again engaged to Crystal Harris, 26, telling his Twitter followers, "I've given Crystal Harris a ring. I love the girl." And to prove...

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DA investigating Texas' troubled $3B cancer agency

AUSTIN, Texas (AP) — Turmoil surrounding an unprecedented $3 billion cancer-fighting effort in Texas worsened Tuesday when its executive director offered his resignation and the state's chief public corruption prosecutor announced an investigation into the beleaguered agency.No specific criminal allegations are driving the latest probe into the Cancer Prevention and Research Institute of Texas, said...

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Asian shares rise, Fed outcome pressures dollar

TOKYO (Reuters) - Asian shares rose on Wednesday buoyed by strength in global equities markets, firmer economic sentiment in Germany and hopes of a deal from U.S. budget talks, while the dollar came under pressure ahead of the Federal Reserve's policy decision. MSCI's broadest index of Asia-Pacific shares outside Japan <.miapj0000pus> gained 0.5 percent to a 16-month peak. The index...

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Panasonic may sell Sanyo digital camera business: source

TOKYO (Reuters) – Panasonic Corp may sell its Sanyo digital camera business to Japanese private equity fund Advantage Partners by the end of March, a source familiar with the plan said.A final decision on the sale will be made by the end of the year, the source said on condition he was not identified.Advantage Partners will pay several hundreds of millions of yen for the business, which makes digital...

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Hayden Panettiere Splits with Scotty McKnight

12/10/2012 at 07:50 PM EST Hayden Panettiere and Scotty McKnight Splash News Online Is there a tear in her beer?Nashville star Hayden Panettiere has broken up with her boyfriend of more than a year, New York Jets wide receiver Scotty McKnight, a source confirms...

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Surprise: New insurance fee in health overhaul law

WASHINGTON (AP) — Your medical plan is facing an unexpected expense, so you probably are, too. It's a new, $63-per-head fee to cushion the cost of covering people with pre-existing conditions under President Barack Obama's health care overhaul.The charge, buried in a recent regulation, works out to tens of millions of dollars for the largest companies, employers say. Most of that is likely to be passed...

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Asian shares edge up; Fed move, fiscal cliff in focus

TOKYO (Reuters) - Asian shares edged higher while the euro steadied on Tuesday, but prices were capped as investors waited for the U.S. Federal Reserve's policy decision later this week and any progress in U.S. budget talks. MSCI's broadest index of Asia-Pacific shares outside Japan <.miapj0000pus> nudged up 0.2 percent. The index has hit successive 16-month highs for the past four...

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