2012 YEAR IN REVIEW

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  • North Korea says imprisoned American tried to become 'second Snowden'

    By James Pearson SEOUL (Reuters) - An American recently sentenced to six years hard labor by a North Korean court pretended to have secret U.S. information and was deliberately arrested in a bid to become famous and meet U.S. missionary Kenneth Bae in a North Korean prison, state media said on Saturday. Matthew Miller, 25, of Bakersfield, California, had prepared his story in advance and written in a notebook that he was seeking refuge after failing in an attempt to collect information about the U.S. government, state media said. ...

  • With Alibaba's big debut, 10 things to know
    With Alibaba's big debut, 10 things to know

    China's e-commerce giant Alibaba began trading its shares Friday on the New York Stock Exchange. Here are ten things to know about Alibaba, and why its initial public offering made history: THE BIGGEST: ...

  • After vote to stay in UK, Scots must heal divide
    After vote to stay in UK, Scots must heal divide

    EDINBURGH, Scotland (AP) — Following a long night that brought floods of relief for some and bitter disappointment for others, Scotland awoke with a hangover Friday after voting to reject independence.

  • Fence-jumper makes it into the White House
    Fence-jumper makes it into the White House

    WASHINGTON (AP) — The U.S. Secret Service says a man who jumped over the White House fence made it just past the front doors before being apprehended.

  • Kiev, rebels agree to extra measures to ensure Ukraine cease-fire

    MINSK (Reuters) - Pro-Russian separatists and representatives from Kiev and Moscow agreed on Saturday on further measures to ensure a cease-fire between Ukrainian troops and pro-Russian separatists. Violations of a Sept. 5 cease-fire between Ukrainian troops and pro-Russian separatists, whom Kiev says have been reinforced by Russian weapons and soldiers crossing over the two countries' porous border, have kept Ukrainian troops on full alert. ...

  • Russia: info 'war' in Malaysian plane disaster
    Russia: info 'war' in Malaysian plane disaster

    Russia's U.N. ambassador cast doubt on the Netherlands-led investigation into the downing of a Malaysian Airlines jet over eastern Ukraine's rebel territory and called Friday for a new probe assisted by the United Nations.

  • Alibaba surges 38 percent on massive demand in market debut
    Alibaba surges 38 percent on massive demand in market debut

    By Liana B. Baker, Jessica Toonkel and Ryan Vlastelica NEW YORK (Reuters) - Alibaba Group Holding Ltd's shares soared 38 percent in their first day of trading on Friday as investors jumped at the chance for a piece of what is likely to rank as the largest IPO in history, in a massive bet on China's burgeoning middle class. It was an auspicious debut for the Chinese e-commerce company, which was founded by Jack Ma in his apartment in 1999 and now accounts for 80 percent of online sales in China. ...

  • Market needs a 10-20% correction now: Lamensdorf
    Market needs a 10-20% correction now: Lamensdorf

    Brad Lamensdorf on why the market needs to correct now, or face a 'horrible' 2015

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