Noticias de Hoy

TOKYO (Reuters) – Asian shares crept higher on Tuesday, tracking the overnight gains in U. S. stocks, as fresh signs of compromise maintained a new optimism that the U. S. "fiscal cliff" budget tussle could be settled before tax hikes and spending cuts begin to bite early next year. Oil and copper also firmed on the prospect of progress in the U. S. budget talks, but expectations of more monetary easing in Japan kept the yen soft. . . .

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NEW YORK (Reuters) – The S&P 500 ended at its highest level in almost two months on Monday on rising hopes that negotiations over the "fiscal cliff" were making progress and that a deal could be reached in days. After weeks of stalemate, President Barack Obama and Republican House Speaker John Boehner met at the White House on Monday, raising hopes that Washington will be able to head off steep tax hikes and spending cuts that threaten the economy. All of the S&P 500’s 10 sectors were higher, led by financials and other growth-oriented sectors. The S&P Financial Index gained 2. . . .

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NEW YORK (Reuters) – Wall Street was set to open higher on Monday as investors were encouraged by signs of movement on "fiscal cliff" negotiations over the weekend. Republican House Speaker John Boehner edged slightly closer to President Barack Obama’s key demands as they try to avert the tax hikes and spending cuts that are set to take effect in the new year. Sources familiar with the talks confirmed that Boehner proposed extending low tax rates for everyone who has earned less than $1 million, and rates would rise for wages above that. . . .

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TOKYO (Reuters) – The Liberal Democratic Party of Japan’s election triumph drove the yen to a 20-month low against the dollar that propelled the Nikkei stock average to a 8-1/2-month closing high on expectations Japanese firms will have much better export earnings. But regional bourses succumbed to profit-taking from last week’s rally as investors wound down positions ahead of the holiday season amid worries that Washington won’t avert the "fiscal cliff" of tax hikes and spending cuts that could hurt the U. S. and global economy. . . .

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WASHINGTON (Reuters) – U. S. House of Representatives Speaker John Boehner’s offer to accept a tax rate increase for the wealthiest Americans knocks down a key Republican road block to a deal resolving the year-end "fiscal cliff. " The question now boils down to what President Barack Obama offers in return. Such major questions, still unanswered so close to the end of the year suggest, however, that no spending and tax agreement is imminent. . . .

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VIENNA (Reuters) – Talks between General Motors’ Opel unit and France’s PSA Peugeot Citroen on joint vehicle development are on track, while there are no plans at this stage to build cars together, Opel’s interim chief executive told a newspaper. "The quality of the talks is really very good. And the operational and technical advantages are so great that we will surely will be able to wrap up soon the negotiations on joint vehicle development," Thomas Sedran told WirtschaftsWoche. . . .

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ZURICH (Reuters) – UBS faces a fine of 1. 5 billion Swiss francs ($1. 63 billion) to settle interest rate rigging charges, a Swiss newspaper reported on Saturday. Citing unnamed sources, Tages-Anzeiger daily said the bank would admit 36 traders around the globe manipulated yen Libor between 2005 and 2010. A UBS spokesman declined to comment. People familiar with the matter told Reuters on Friday UBS could reach a $1-billion-plus settlement and admit to criminal wrongdoing by its Japanese arm, where one of its traders manipulated yen Libor and euroyen contracts. . . .

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WASHINGTON/CHARLOTTE (Reuters) – Securities regulators have made inquiries into the mortgage repurchase practices at Bank of America Corp’s Countrywide unit, according to a transcript filed in a lawsuit against the bank by insurer MBIA Inc. The details of the inquiries, which had not been previously disclosed, were included in documents filed this week. It is unclear if the SEC continues to investigate the matter, but the documents reveal the agency’s interest dating back to at least 2010 in an issue that has already saddled the second-largest U. S. . . .

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(Reuters) – Best Buy Co Inc agreed to extend the deadline to February 28 for founder Richard Schulze to make a bid for the company, continuing the uncertainty for shareholders over whether he can put a bid together. Best Buy shares fell 14. 2 percent to $12. 12 on the New York Stock Exchange. The company said on Friday the extension would allow Schulze to include the consumer electronics retailer’s full-year results as part of his due diligence review. The new deadline will also give him more time to line up partners and financing for a bid. . . .

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NEW YORK (Reuters) – The last two weeks of December are traditionally quiet for stocks, but traders accustomed to a bit of time off are staying close to their mobile devices, thanks to the "fiscal cliff. " Last-minute negotiations in Washington on the so-called fiscal cliff – nearly $600 billion of tax increases and spending cuts set to take effect in January that could cause a sharp slowdown in growth or even a recession – are keeping some traders and analysts from taking Christmas holidays because any deal could have a big impact on markets. . . .

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