Asian shares up with eye on “fiscal cliff”; yen slips more
TOKYO (Reuters) – Asian shares rose on Thursday amid caution about the chances of U. S. lawmakers striking a deal to avoid a fiscal crunch by December 31, while the yen hit a 21-month low against the dollar on the prospect of drastic monetary easing and massive state spending. In a sign that there may be a way to break the deadlock in Congress, Republican House of Representatives Speaker John Boehner urged the Democrat-controlled Senate to act to pull back from the cliff, and offered to at least consider any bill the upper chamber produced. U. S. . . .
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