Beijing  - China's stockmarkets sur

Seoul  - Shares ra

Los Angeles  - Sharpshooting Ray Allen was on fire and the Boston Celtics remained red hot.

Allen scored seven of his season-high 35 points in overtime, and the surging Celtics extended their winning streak to 12 games, with a 122-117 come-from-behind road victory over the Indiana Pacers on Sunday night.

"Ray's just on fire," Celtics coach Doc Rivers said. "He had a great game and a great overtime. He hit all the shots when we needed him to."

Tehran  - Tehran on Monday called on US president-elect Barack Obama to reject the hostile policies adopted by previous US administrations against Iran and instead implement his "change" slogan.

"The previous US policies, including carrots and sticks and incentives, are unacceptable, futile and have de facto failed," Foreign Ministry spokesman Hassan Ghashghavi told reporters in Tehran.

Congress is set to hold reins for third consecutive term in Delhi legislative assembly. Thanking the people of Delhi for voting in her favour, Chief Minister Sheila Dikshit stated that the national capital voted for the party's development agenda.

Speaking from her residence where jubilant party supporters danced to drumbeats and burst firecrackers, Dixit said, "I congratulate the people of Delhi and many many thanks to them for their support and affection for the Congress."

"We went to the polls on the development ground with honesty and unity, and people have voted for that," said the 77-year-old leader said. 

Washington, Dec. 8 : The United States of America has said that Pakistan does not have any capacity to counter terrorists operations inside its territory.

A study conducted by the out going Bush administration, reveals that the military aid provided to Pakistan by US to root out militant groups from its territory has been largely wasted.

“The $10 billion in military aid provided to Pakistan as ‘reimbursement’ for its efforts to root out militant groups has been ‘largely wasted’, reports David Sanger of New York Times.