SYDNEY, May 22- Asian stocks rose on Wednesday following a positive lead from Wall Street with Japan's Nikkei reaching a 5-1/ 2 year high, while the yen took a defensive stance ahead of the outcome of the Bank of Japan's policy meeting. MSCI's broadest index of Asia-Pacific shares outside Japan rose 0.2 percent, reversing some of Tuesday's 0.4 percent decline.» Read More
Egyptians voted narrowly in favor of a constitution shaped by Islamists but opposed by other groups who fear it will deepen divisions, officials in rival camps said on Sunday.
Hollande's government has faced criticism over the tactics it used in a two-month battle over the future of ArcelorMittal's Florange steel plant, which unnerved investors in the euro zone's second largest economy and confused France's unions.
*6,000 gas heaters airlifted to Jordan to combat cold. ZAATARI, Jordan, Dec 16- One-year-old Ali Ghazawi, born with a heart defect, faced a battle for survival even before his family fled Syria's civil war. It was a struggle he lost two weeks ago in the bitter winter cold of a tented refugee camp in north Jordan.
*China to keep monetary policy "prudent", pro-active fiscal policy in 2013. BEIJING, Dec 16- China will maintain a "prudent" monetary policy and a pro-active fiscal policy in 2013, leaving room for manoeuvre in the face of global uncertainties, the official Xinhua news agency said after the country's annual policy-setting conference on Sunday.
*Renault developing $5,500 car for India. PARIS, Dec 16- Renault's move into low-cost cars, which has kept the French automaker afloat as mass-market peers drown in European losses, may soon help it sink competitors beyond the old continent.
PERTH, Australia, Dec 16- Australian publisher Fairfax Media Ltd is selling its remaining stake in New Zealand online auction and classified business Trade Me Ltd for about A $600 million to pay down debt, newspapers reported on Sunday. Fairfax spokesman Brad Hatch declined to comment.
*White House sees progress but not ready to accept. WASHINGTON, Dec 15- President Barack Obama is not ready to accept a new offer from the Republican leader of the U.S. House of Representatives to raise taxes on top earners in exchange for major cuts in entitlement programs, a source said late on Saturday.
WASHINGTON, Dec 16- Barclays Bank PLC has denied that it manipulated electricity markets and predicted in a tersely worded regulatory filing that the U.S. Federal Energy Regulatory Commission's case, and proposed record penalties, will not hold up in court.
WASHINGTON, Dec 15- U.S. House of Representatives Speaker John Boehner has offered to raise tax rates on high earners to break the "fiscal cliff" deadlock in exchange for major cuts in entitlement programs, but President Barack Obama is not ready to accept, a source said late Saturday.
CAIRO, Dec 16- Egyptians voted narrowly in favour of a constitution shaped by Islamists and which opponents said was a recipe for deepening divisions in the nation, officials in rival camps said on Sunday after the first round of a two-stage referendum.
By Thomas Ferraro and Steve Holland. WASHINGTON, Dec 15- President Barack Obama is not ready to accept a new offer from the Republican leader of the U.S. the House of Representatives to raise taxes on top earners in exchange for major cuts in entitlement programs, a source said late Saturday.
Signaling new movement in "fiscal cliff" talks, House Speaker John Boehner has proposed raising the top rate for earners making more than $1 million, a person familiar with the negotiations said. President Barack Obama, who wants higher top rates for households earning more than $250,000, has not accepted the offer, this person said.
WASHINGTON, Dec 15- U.S. House Speaker John Boehner has offered to raise tax rates on high earners to break the "fiscal cliff" deadlock in exchange for major cuts in entitlement programs, but President Barack Obama is not ready to accept, a source said late Saturday.
CAIRO, Dec 16- Islamists attacked the offices of an Egyptian opposition party newspaper on Saturday, security sources said, as people voted on a new constitution intended to pull the country out of a growing political crisis.
CAIRO, Dec 15- Islamists attacked the opposition Wafd party's newspaper offices in central Cairo with petrol bombs and birdshot on Saturday, security sources said. Mostafa Shafik, managing editor at Wafd's newspaper, which is located next to the party headquarters, said the paper's offices had been destroyed.
CAIRO, Dec 15- Members of Egypt's opposition Wafd party said Islamists had attacked the party's headquarters building in central Cairo with petrol bombs on Saturday. The violence flared as Egyptians voted in a referendum on a new constitution intended to pull the country out a growing political crisis.
WASHINGTON, Dec 15- Mass murder in Connecticut silenced "fiscal cliff" talk on Saturday as the White House and Congress quietly got ready for a final scramble to avert the tax hikes and spending cuts set for the New Year, with sessions of the U.S. House of Representatives now scheduled just days before Christmas.
CHICAGO, Dec 15- A check of Detroit's finances has found a "serious financial problem" with the cash-strapped city, a step that could lead to the biggest municipal bankruptcy in U.S. history.
Dec 15- Pilots at United Continental Holdings, the world's biggest airline, have ratified a contract with the U.S. carrier that will provide enhanced pay and retirement plan contributions, their union said on Saturday. ALPA represents more than 12,000 United Continental pilots.
The Argentine navy's tall sailing ship ARA Libertad, a training vessel classed by Argentina as a frigate, was detained in Ghana's port of Tema on Oct. 2 at the request of hedge fund NML Capital Ltd, which says Argentina owes it $300 million on bonds which have been in default since 2002..