North Korea to target U.S. with nuclear, rocket tests

SEOUL (Reuters) - North Korea said on Thursday it would carry out further rocket launches and a nuclear test that would target the United States, dramatically stepping up its threats against a country it called its "sworn enemy". The announcement by the country's top military body came a day after the U.N. Security Council agreed to a U.S.-backed resolution to censure and sanction North...

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Asian shares fall, choppy after China PMI, North Korea threat

TOKYO (Reuters) - Asian shares fell on Thursday in choppy trade, as positive Chinese manufacturing data was eclipsed by North Korea threatening a nuclear test and on below-view results from Apple Inc . "Markets see a global economic recovery trend but there is no consensus on the strength of growth, capping many markets. Equities have been clearly benefiting from accommodative monetary...

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No. 1 Duke routed by No. 25 Miami 90-63

CORAL GABLES, Fla. (AP) — With a steady din coming from the sea of orange behind the visitors' basket, No. 1 Duke had a tough time making a shot.The Blue Devils went more than 8 minutes without a field goal in the first half Wednesday night, and a sellout became a blowout for No. 25 Miami, which delighted a boisterous crowd with a 90-63 victory.The defeat was the third-worst ever for a No. 1 team....

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Benghazi blame-game is useless

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Bulls rally to beat Pistons 85-82

As the United Center rocked and the Bulls celebrated Marco Belinelli's go-ahead, three-point play with 7.5 seconds left, Joakim...

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North Korea to target U.S. with nuclear, rocket tests

SEOUL (Reuters) - North Korea said on Thursday it would carry out further rocket launches and a nuclear test that would target the United States, dramatically stepping up its threats against a country it called its "sworn enemy". The announcement by the country's top military body came a day after the U.N. Security Council agreed a U.S.-backed resolution to censure and sanction the country...

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Asian shares retreat, Nikkei hit hard as yen stays firm

TOKYO (Reuters) - Asian shares retreated from multi-month highs on Wednesday amid caution as the earnings season gathers pace, with Tokyo stocks falling to three-week closing lows in response to a firm yen. "Asian markets have been climbing steadily and it's natural for investors to want to book profits as the region's earnings season begins in full force later this month," said Hirokazu...

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Williams loses in quarters; Azarenka into semis

MELBOURNE, Australia (AP) — Serena Williams' dominating run at the majors is over.American teenager Sloane Stephens is headed to the semifinals of the Australian Open.Williams hurt her back in the eighth game of the second set, slowing down her serve, restricting her movement and causing her obvious pain.But the 19-year-old Stephens kept her composure, blocking out the injury issue on the opposite...

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IBM’s shines with fourth quarter, 2013 outlook

(Reuters) – IBM, the world’s largest technology services company, gave a better than expected 2013 outlook after a solid fourth quarter that analysts say has more to do with Big Blue’s smooth execution than a vibrant tech spending environment.Companies had been widely expected to hold back on IT purchases in December in part because of worries about the so-called U.S. fiscal cliff. Automatic tax increases...

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Defterios: What keeps Davos relevant

STORY HIGHLIGHTSSince the late 20th Century, the ski resort of Davos has been synonymous with the World Economic ForumDefterios: I first came to Davos as a relatively junior correspondent, two months after the Berlin Wall fellFall of Communism, China's opening, removal of apartheid in South Africa unfolded in the 90sIt's the inter-play between geo-politics and business is what keeps the forum relevantDavos...

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