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Wall Street bracing for volume surge

U.S. financial markets will reopen Wednesday, after being shuttered for two days to deal with the devastating impact of Superstorm Sandy

NEW YORK (CNNMoney) — Trading volume is expected to surge when U.S. financial markets reopen Wednesday, two days after Superstorm Sandy prompted an unexpected shutdown on Wall Street. Throughout much of the month, an average of 3.5 billion shares have…

Opium production ‘on the rise in SE Asia’

Opium poppy is highly lucrative for impoverished Southeast Asian farmers in need of cash [EPA]

The cultivation of illegal opium has increased in Myanmar for a sixth successive year, driven in part by a rising demand for heroin across Asia, according to the United Nations. Myanmar is the world’s second-largest producer of opium after Afghanistan, accounting…

Myanmar ‘rejects talks’ on ethnic violence

Myanmar 'rejects talks' on ethnic violence

Myanmar has rejected an offer by the Association of Southeast Asian Nations to open talks aimed at quelling deadly communal violence there, according to the regional bloc’s chief. Surin Pitsuwan said on Tuesday he proposed setting up tripartite talks between ASEAN,  the…