Business Today coverage on US Presidential polls 2012
Business Today
US Presidential Polls 2012

US President Barack Obama has told the opposition Republicans that he was open to compromises to avert a financial crisis but would not budge on the issue of levying higher taxes for the wealthy.

 
 
Asian stock markets reversed early losses to move higher after US President Barack Obama won a fiercely contested race for re-election.
American voters go to the polls to chose a president, a new House of Representatives, 33 senators and thousands of local officials at a whopping cost of $6 billion.
As a ferocious Hurricane Sandy roared up the US East Coast, both President Barack Obama and Republican challenger Mitt Romney changed their campaign plans.
 
 
Wall Street greeted a second Barack Obama term the way it greeted the first. Investors dumped stocks on Wednesday in the sharpest sell-off of the year.
Barack Obama has been re-elected as US president, winning 274 electoral votes, four more than what was needed to win.
Dow futures were up 0.1 per cent at 13,071 and S&P 500 futures added 0.1 per cent to 1,413.90.
The 2012 general elections will be the most expensive in US history, costing a whopping $6 billion, with the presidential race alone accounting for $2.6 billion.
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