Politics

Supporters holding flags of ruling Congress party leave after attending an election campaign rally by Rahul Gandhi at Hardoi district in Uttar Pradesh January 28, 2012. REUTERS/Adnan Abidi/Files

Weakened Congress wondering if early elections will help

The Congress party is debating holding a general election in November, six months ahead of schedule, senior party leaders said, reflecting an internal discussion over whether to pull the plug on the shaky ruling coalition or have it serve a full term.  Full Article 

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Australia shares slip on Fed's policy concerns, miners drop

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Chinese Premier Li Keqiang waves upon his arrival at the airport in New Delhi May 19, 2013. Li on Sunday arrived in New Delhi for a three-day state visit. REUTERS/Adnan Abidi

Li Keqiang in India

Chinese Premier Li Keqiang on a three-day state visit.  Slideshow 

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Fri Jan 4, 2013 5:06am IST 

(Updates to opening levels)
    SYDNEY, Jan 4 (Reuters) - Australian shares slipped 0.3
percent in early morning trade on Friday, with investors pulling
back after a sharp two-day rally on the Federal Reserve's
growing concern about its highly stimulative monetary policy.  
    Big miners lost ground with BHP Billiton Ltd 
falling 1.3 percent and Rio Tinto Ltd declining 2.0
percent, although spot iron ore prices climbed to a 15-month
high of $149.80 a tonne .IO62-CNI=SI on Thursday thanks to
demand from China. 
    The S&P/ASX 200 index was down 14.1 points at
4,726.6 by 2316 GMT. It rose 0.7 percent to 4,740.7 on Thursday,
its highest since May 19, 2011.
    New Zealand's benchmark NZX 50 index inched up 0.1
percent to 4,084.8.
    
    

 (Reporting By Maggie Lu Yueyang; Editing by Stephen Coates)
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