Asian shares drop on euro zone worry, soft U.S. data

TOKYO (Reuters) - Asian shares, oil and the euro fell on Tuesday as investors took profits from recent rallies, while the yen got a respite from broad-based selling.

European markets are seen barely changed, with financial spreadbetters predicting London's FTSE 100 <.ftse>, Paris's CAC-40 <.fchi> and Frankfurt's DAX <.gdaxi> would open up nearly flat. But a 0.1 percent gain in U.S. stock futures suggested a firm open on Wall Street. <.l><.eu><.n/>

The MSCI's broadest index of Asia-Pacific shares outside Japan <.miapj0000pus> tumbled 0.9 percent, dragged lower by a steep 1.7 percent fall in Hong Kong shares <.hsi>. The pan-Asian index climbed to a 18-month high on Monday.

Japan's benchmark Nikkei stock average <.n225> closed down 1.9 percent, after scaling a 33-month high on Monday. <.t/>

Positive data from China failed to brighten the bearish mood, after the Standard & Poor's 500 Index <.spx> had its worst day since November on Monday on discouraging U.S. factory orders and worries that a potential political shake-up could disrupt the euro zone's efforts to resolve its debt crisis.

Analysts and traders said selling was a correction to markets rallying on receding tail risks such as growing euro zone stability and an improving global economic outlook, while global monetary easing still underpinned sentiment.

"This move in equities ... looks to be a healthy correction, nothing more," said Richard Yetsenga, Head of Global Markets at ANZ Research, adding that downside risk would likely convince major central banks globally to stick to easy policy.

In China, the HSBC services purchasing managers' index rose to a four-month high of 54 in January from December's 51.7, underlining confidence in the world's second-biggest economy, which is expected to grow 8.1 percent this year, off a 13-year low of 7.8 percent hit in 2012.

"The data globally is unquestionably better but the recovery still seems gradual. (China) hit the bottom and they had a bit of a bounce but nothing much else happened. We don't really seem to have preconditions for a much stronger bounce than that (8 percent growth)," Yetsenga said.

The Australian dollar fell 0.3 percent to $1.0405 after the Reserve Bank of Australia kept its cash rate steady at 3.0 percent, as expected, having just cut in December. Australian shares <.axjo> fell 0.5 percent but trimmed some earlier losses after the RBA's rate decision.

The euro took the brunt of renewed focus on the euro zone problems, having risen 2.3 percent so far this year against the U.S. dollar, up about 5.4 percent against sterling and 1.8 percent higher against the Australian dollar.

The euro eased 0.2 percent to $1.3485, retreating further from Friday's 14-1/2-month peak of $1.3711, ahead of the European Central Bank's policy meeting on Thursday.

"Markets have been increasingly comfortable with European risks over the past few months and are largely not positioned for this increase in political problems. The outcomes in Spain and Italy are far from certain and may represent stumbling blocks for further expansion in risk appetite," Barclays Capital said in a research note.

Spain's opposition party on Sunday called for Prime Minister Mariano Rajoy to resign over corruption allegations, which Rajoy denies, pushing Spanish 10-year bond yields to six-week highs.

In Italy, 10-year Italian government bond yields hit their highest since late December, as chances of former prime minister Silvio Berlusconi regaining power raised worries about Rome's ability to fix its fiscal problems.

The yen took a breather, firming from lows against a broad range of currencies.

The dollar steadied at 92.36 yen after scaling its highest since May 2010 of 93.185 on Monday, while the euro eased 0.1 percent to 124.53 yen, off its loftiest since April 2010 of 126.97 hit on Friday.

"Markets are broadly undergoing a correction and the euro is definitely facing profit-taking, given the pace of its climb. Worries about the euro zone debt crisis always remain a downside risk for the euro, and could push it lower to $1.32-$1.33," said Hiroshi Maeba, head of FX trading Japan at UBS in Tokyo. "But the trend is still upward for dollar/yen, cross/yen. The dollar could reach 95 yen by the end of the month."

As long as markets hold out expectations for the Bank of Japan to implement aggressive monetary easing to beat decades of deflation in Japan, the yen will stay pressured. Any correction to the dollar's rise against the yen was also be seen as shallow, with many traders and analysts seeing a firm floor around 87-88 yen.

Italy & Spain bond yields: http://link.reuters.com/gat45t

Asset returns in 2013: http://link.reuters.com/dub25t

China, EU, US Services PMI: http://link.reuters.com/dyh85s

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Asian credit markets faltered with the plunge in equities, widening the spread on the iTraxx Asia ex-Japan investment-grade index by three basis points.

Brent crude slipped towards $115 per barrel, giving up some of its gains from the last three weeks, on renewed euro zone worries and a slightly firmer dollar.

(Editing by Eric Meijer)

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Superdome officials worried about a power outage

NEW ORLEANS (AP) — The cause of a 34-minute blackout at the Super Bowl remains under investigation, but public records released Monday show that Superdome officials were worried about a power outage several months before the big game.

An Oct. 15 memo released by the Louisiana Stadium & Exposition District, which oversees the Superdome, says tests on the dome's electrical feeders showed they had "some decay and a chance of failure."

Entergy New Orleans, the company that supplies the stadium with power, and the structure's engineering staff "had concerns regarding the reliability of the Dome service from Entergy's connection point to the Dome," the memo says. Those concerns were due in part to "circumstances that have previously occurred with the electrical service regarding transient spikes and loads."

The memo also cites 2011 blackouts that struck Candlestick Park, where the San Francisco 49ers were playing a nationally televised Monday night football game, as a reason for ordering the tests.

The board later authorized spending nearly $1 million on Superdome improvements, including more than $600,000 for upgrading the dome's electrical feeder cable system.

"As discussed in previous board meetings, this enhancement is necessary to maintain both the Superdome and the New Orleans Arena as top tier facilities, and to ensure that we do not experience any electrical issues during the Super Bowl," says a LSED document dated Dec. 19.

An attorney for the state board that oversees the Superdome said the blackout did not appear to be related to the replacement in December of electrical equipment connecting the stadium to Entergy. Officials with the utility and the Superdome noted that an NFL game, the Sugar Bowl and another bowl game were played there in recent weeks with no apparent problems.

The exact cause of Sunday night's blackout — and who's to blame — remained unclear late Monday, though a couple of potential culprits had been ruled out.

It wasn't Beyonce's electrifying halftime performance, according to Doug Thornton, manager of the state-owned Superdome, since the singer had her own generator. And it apparently wasn't a case of too much demand for power. Meters showed the 76,000-seat stadium was drawing no more electricity than it does during a typical New Orleans Saints game, Thornton said.

The lights-out game Sunday proved an embarrassment for the Big Easy just when it was hoping to show the rest of the world how far it has come since Hurricane Katrina in 2005. But many fans and residents were forgiving, and officials expressed confidence that the episode wouldn't hurt the city's hopes of hosting the championship again.

To New Orleans' great relief, NFL Commissioner Roger Goodell said the city did a "terrific" job hosting its first pro football championship in the post-Hurricane Katrina era, and added: "I fully expect that we will be back here for Super Bowls."

Fans watching from their living rooms weren't deterred, either. An estimated 108.4 million television viewers saw the Baltimore Ravens beat the San Francisco 49ers 34-31, making it the third most-viewed program in television history. Both the 2010 and 2011 games hit the 111 million mark.

The problem that caused the outage was believed to have happened around the spot where a line that feeds current from Entergy New Orleans connects with the Superdome's electrical system, officials said. But whether the fault lay with the utility or with the Superdome was not clear.

Determining the cause will probably take days, according to Dennis Dawsey, a vice president for distribution and transmission for Entergy. He said the makers of some of the switching gear have been brought in to help figure out what happened.

The blackout came after a nearly flawless week of activity for football fans in New Orleans leading up to the big game.

"I hope that's not what they'll remember about this Super Bowl," French Quarter artist Gloria Wallis said. "I hope that what they'll remember is they had a great time here and that they were welcomed here."

Ravens fan Antonio Prezioso, a Baltimore native who went to the game with his 11-year-old son, said the outage just extended the experience.

"The more time we could spend at the game was a good thing, as long as it ended the way it did," he said, laughing.

The city last hosted the Super Bowl in 2002, and officials were hoping this would serve as the ultimate showcase for the city's recovery since Hurricane Katrina in 2005. The storm tore holes in the roof of the Superdome and caused water damage to its electrical systems, and more than $330 million was spent repairing and upgrading the stadium.

Sunday's Super Bowl was New Orleans' 10th as host, and officials plan to make a bid for an 11th in 2018.

Mayor Mitch Landrieu told WWL-AM on Monday that the outage won't hurt the city's chances, and he joked that the game got better after the blackout: "People were leaving and the game was getting boring, so we had to do a little something to spice it up."

The chairwoman of the New Orleans City Council's Utility Committee has called an emergency meeting for Friday to discuss the power outage.

Jarvis DeBerry, a columnist for nola.com and The Times-Picayune, wrote that the power outage gave the media "an opportunity to laugh at the apparent ineptitude or suggest that the ghosts of Hurricane Katrina were haunting the Superdome."

"That's not the kind of attention the city was looking for, obviously," he wrote, "but it's certainly too soon to say if people will remember the power shortage over San Francisco's furious comeback attempt against Baltimore or if this will harm the city's future opportunities to host the Super Bowl."

Bjorn Hanson, dean of New York University's Center for Hospitality and Sports Management, said the episode shouldn't hurt the city's reputation as a big convention destination. "I think people view it for what it was: an unusual event with a near-record power draw," he said. "It was the equivalent of a circuit breaker flipping."

___

Associated Press writers Beth Harpaz, Brett Martel, Stacey Plaisance and Barry Wilner contributed to this report.

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Richard III still the criminal king

Richard III on stage and screen

Richard III on stage and screen

Richard III on stage and screen

Richard III on stage and screen

Richard III on stage and screen

Richard III on stage and screen

Richard III on stage and screen

Richard III on stage and screen

Richard III on stage and screen

Richard III on stage and screen

Richard III on stage and screen

Richard III on stage and screen

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STORY HIGHLIGHTS

• Dan Jones: Richard III's remains found; some see chance to redeem his bad reputation


• Jones says the bones reveal and confirm his appearance, how he died and his injuries


• Nothing changes his rep as a usurper of the Crown who likely had nephews killed, Jones says


• Jones: Richard good or bad? Truth likely somewhere in between

Editor's note: Dan Jones is a historian and newspaper columnist based in London. His new book, "The Plantagenets" (Viking) is published in the US this Spring. Follow him on Twitter.

(CNN) -- Richard III is the king we British just can't seem to make our minds up about.

The monarch who reigned from 1483 to 1485 became, a century later, the blackest villain of Shakespeare's history plays. The three most commonly known facts of his life are that he stole the Crown, murdered his nephews and died wailing for a horse at the Battle of Bosworth in 1485. His death ushered in the Tudor dynasty, so Richard often suffers the dual ignominy of being named the last "medieval" king of England -- in which medieval is not held to be a good thing.

Like any black legend, much of it is slander.

Richard did indeed usurp the Crown and lose at Bosworth. He probably had his nephews killed too -- it is unknowable but overwhelmingly likely. Yet as his many supporters have been busy telling us since it was announced Monday that Richard's lost skeleton was found in a car park in Leicester, he wasn't all bad. In fact, he was for most of his life loyal and conscientious.

Dan Jones

To fill you in, a news conference held at the University of Leicester Monday confirmed what archaeologists working there have suspected for months: that a skeleton removed from under a parking lot in the city center last fall was indeed the long-lost remains of Richard III.

His official burial place -- under the floor of a church belonging to the monastic order of the Greyfriars -- had been lost during the dissolution of the monasteries that was carried out in the 1530s under Henry VIII. A legend grew up that the bones had been thrown in a river. Today, we know they were not.

What do the bones tell us?

Well, they show that Richard -- identified by mitochondrial DNA tests against a Canadian descendant of his sister, Anne of York -- was about 5-foot-8, suffered curvature of the spine and had delicate limbs. He had been buried roughly and unceremoniously in a shallow grave too small for him, beneath the choir of the church.

He had died from a slicing blow to the back of the head sustained during battle and had suffered many other "humiliation injuries" after his death, including having a knife or dagger plunged into his hind parts. His hands may have been tied at his burial. A TV show aired Monday night in the UK was expected to show a facial reconstruction from the skull.

Opinion: What will the finding of Richard III mean?

In other words, we have quite a lot of either new or confirmed biographical information about Richard.

He was not a hunchback, but he was spindly and warped. He died unhorsed. He was buried where it was said he was buried. He very likely was, as one source had said, carried roughly across a horse's back from the battlefield where he died to Leicester, stripped naked and abused all the way.

All this is known today thanks to a superb piece of historical teamwork.

The interdisciplinary team at Leicester that worked toward Monday's revelations deserves huge plaudits. From the desk-based research that pinpointed the spot to dig, to the digging itself, to the bone analysis, the DNA work and the genealogy that identified Richard's descendants, all of it is worthy of the highest praise. Hat-tips, too, to the Richard III Society, as well as Leicester's City Council, which pulled together to make the project happen and also to publicize the society and city so effectively.

However, should anyone today tell you that Richard's skeleton somehow vindicates his historical reputation, you may tell them they are talking horsefeathers.

Richard III got a rep for a reason. He usurped the Crown from a 12-year old boy, who later died.

This was his great crime, and there is no point denying it. It is true that before this crime, Richard was a conspicuously loyal lieutenant to the boy's father, his own brother, King Edward IV. It is also true that once he was king, Richard made a great effort to promote justice to the poor and needy, stabilize royal finances and contain public disorder.

But this does not mitigate that he stole the Crown, justifying it after the fact with the claim that his nephews were illegitimate. Likewise, it remains indisputably true that his usurpation threw English politics, painstakingly restored to some order in the 12 years before his crime, into a turmoil from which it did not fully recover for another two decades.

So the discovery of Richard's bones is exciting. But it does not tell us anything to justify changing the current historical view of Richard: that the Tudor historians and propagandists, culminating with Shakespeare, may have exaggerated his physical deformities and the horrors of Richard's character, but he remains a criminal king whose actions wrought havoc on his realm.

Unfortunately, we don't all want to hear that. Richard remains the only king with a society devoted to rehabilitating his name, and it is a trait of some "Ricardians" to refuse to acknowledge any criticism of their hero whatever. So despite today's discovery, we Brits are likely to remain split on Richard down the old lines: murdering, crook-backed, dissembling Shakespearean monster versus misunderstood, loyal, enlightened, slandered hero. Which is the truth?

Somewhere in between. That's a classic historian's answer, isn't it? But it's also the truth.

Follow us on Twitter @CNNOpinion.

Join us on Facebook/CNNOpinion.

The opinions expressed in this commentary are solely those of Dan Jones.

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Defendant's teen lover: She forced me to help attack her ex

Sandra Rogers convinced her 17-year-old lover to help her in the 2003 sledgehammer attack of her ex-husband and his new wife by threatening to tell his 14-year-old girlfriend – her daughter – about their affair, the now-26-year-old man testified Monday at Rogers’ trial in Lake County.

Jonathan McMeekin testified that the woman he referred to as “Sandy” allowed him to move into her home – and sleep in the same bed as her daughter Robin – when Robin was 13. He said Sandra Rogers bought him gifts including football cleats; let him use her car, though he didn’t have a license; took him out to dinner; and bought him marijuana.

“She would cook for me, clean, do my laundry, give me lunch money, those kinds of things,” McMeekin said. “She told me that I owed her.”

Nearly a decade after he pleaded guilty to attempted murder for his part in the near-fatal attack in Lincolnshire, McMeekin was on the stand Monday as a witness against Rogers, now 56. Rogers had also pleaded guilty in 2004 to the attack the previous year, but she was allowed to retract her guilty plea and stand trial in the case.

Authorities assert that McMeekin and Rogers drove together to her ex-husband's home in the middle of the night on May 19, 2003, broke in and surprised the couple in bed. Rogers struck both of them over the head multiple times with a sledgehammer, nearly killing the couple, prosecutors say.

Rogers’ lawyers have attempted to show that the it was Robin Rogers who participated in the attack with McMeekin, not her mother. They have cited statements that Robin Rogers made about wanting to kill her father; she denied that those comments were serious, and prosecutors chalked them up to harmless teenage rebellion.

In his testimony, McMeekin said Sandra Rogers had her own motives: She was distraught over her ex-husband regaining custody of their two daughters, and child support payments had stopped, McMeekin said Monday. Also, Sandra Rogers told McMeekin she feared she was going to be arrested because she allowed her daughter to continue to see McMeekin against her father’s wishes, he testified.

McMeekin said he smoked pot and drank eight to 12 beers before Rogers told her of his plan.

“She started talking about how she didn’t want to be arrested the next day,” he said. “She started talking about Rick, how she wanted to kill him. She said if I didn’t go with her, she would tell Robin that we had sex together.”

McMeekin testified that, after the pair arrived at her ex-husband Rick Rogers’ townhome that night, Sandra Rogers pulled out two ski masks from behind the seat, McMeekin said. She also pulled out a sledgehammer and tried to hand it to McMeekin, but he refused to take it, he said.

McMeekin took the stand Monday dressed in a navy blue prison jumpsuit, his legs shackled. He had initially told police that he acted alone and, after giving a detailed statement, led police to a river near the beaten couple's home, where a hammer and bloody clothing belonging to McMeekin were found. Several months later, McMeekin told police that Sandra Rogers orchestrated the attack and wielded the hammer.

Also taking the stand Monday was Rick Rogers’ wife Angela Gloria, who said she remembered going to bed at about 9:30 or 10 p.m. on the night of the attack. The next thing the now-46-year-old woman remembered is waking up in a hospital and talking to her priest.

“I called myself Peanuthead,” said Gloria, who still has visible scars on her face from the attack. “I had an indent on the side of my head. I looked like Frankenstein.”

Gloria’s speech is labored and halting, and she said her short-term memory is damaged. She had to re-learn how to walk, she said.

McMeekin is expected to continue testifying Tuesday.

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Syrian opposition chief says offers Assad peaceful exit

BEIRUT (Reuters) - Syrian opposition leader Moaz Alkhatib urged Syrian President Bashar al-Assad's government on Monday to start talks for its departure from power and save the country from greater ruin after almost two years of bloodshed.

Seeking to step up pressure on Assad to respond to his offer of talks - which dismayed some in his own opposition coalition, Alkhatib said he would be ready to meet the president's deputy.

"I ask the regime to send Farouq al-Shara - if it accepts the idea - and we can sit with him," he said, referring to Syria's vice president who has implicitly distanced himself from Assad's crackdown on mass unrest that became an armed revolt.

Speaking after meeting senior Russian, U.S. and Iranian officials, Alkhatib said none of them had an answer to the 22-month-old crisis and Syrians must solve it themselves.

"The issue is now in the state's court...to accept negotiations for departure, with fewer losses," the Syrian National Coalition leader told Al Arabiya television.

The moderate Islamist preacher announced last week he was prepared to talk to Assad's representatives. Although he set several conditions, the move broke a taboo on opposition contacts with Damascus and angered many in its ranks who insist on Assad's departure as a precondition for negotiation.

Alkhatib said it was not "treachery" to seek dialogue to end a conflict in which more than 60,000 people have been killed, 700,000 have been driven from their country and millions more are homeless and hungry.

"The regime must take a clear stand (on dialogue) and we say we will extend our hand for the interest of people and to help the regime leave peacefully," he said in separate comments to Al Jazeera television.

Assad announced last month what he said were plans for reconciliation talks to end the violence but - in a speech described by U.N. Syria envoy Lakhdar Brahimi as narrow and uncompromising - he said there would be no dialogue with people he called traitors or "puppets made by the West".

Syria's defense minister said the army had proved it would not be defeated in its confrontation with rebels but declined to say whether it would respond to an Israeli air strike last week.

Security sources said the Israelis bombed a convoy of arms destined for Assad's ally Hezbollah, a sworn enemy of Israel, in neighboring Lebanon. Syria said the attack struck vehicles and buildings at a military research center near Lebanon's border.

Syria's uprising erupted in March 2011 with largely peaceful protests, escalating into a civil war pitting mainly Sunni Muslim rebels against Assad, who is from Syria's Alawite minority. His family has ruled Syria for 42 years.

ANGER AT IRAN

The violence has divided major powers, with Russia and China blocking U.N. Security Council draft resolutions backed by the United States, European Union and Sunni Muslim Gulf Arab states that could have led to U.N. sanctions isolating Assad. Shi'ite Iran has remained his strongest regional supporter.

Alkhatib met Iranian Foreign Minister Ali Akbar Salehi, Russian Foreign Minister Sergei Lavrov and U.S. Vice President Joe Biden at a security conference in Germany at the weekend.

"Iran's stance is unacceptable and I mentioned to the foreign minister that we are very angry with Iran's support for the regime," Alkhatib said.

He said he asked Salehi to pass on his offer of negotiations - based on the acceptance of the Assad government's departure - to Damascus. The two men also discussed the need to prevent Syria's crisis spreading into a regional conflict between Sunni and Shi'ite Muslims, he said.

"We will find a solution, there are many keys. If the regime wants to solve (the crisis), it can take part in it. If it wants to get out and get the people out of this crisis, we will all work together for the interest of the people and the departure of the regime."

One proposal under discussion was the formation of a transitional government, Alkhatib said, without specifying how he thought that could come about. World powers agreed a similar formula seven months ago but then disagreed over whether that could allow Assad to stay on as head of state.

Activists reported clashes between the army and rebel fighters to the east of Damascus on Monday and heavy shelling of rebel-held areas of the central city of Homs. The Jobar neighborhood, on the southwestern edge of Homs, was hit by more than 100 rockets on Monday morning, an opposition activist said.

The Syrian Observatory for Human Rights said at least 90 people were killed by dusk on Monday.

It said 180 people were killed across the country on Sunday, including 114 rebel fighters and soldiers. Sunday's death toll included 28 people killed in the bombardment of a building in the Ansari district of the northern city of Aleppo.

Assad has described the rebels as foreign-backed Islamist terrorists and said a precondition for any solution is that Turkey and Sunni-ruled Gulf Arab states stop funding, sheltering and arming his foes.

The majority of the insurgents are Islamists but those affiliated with al Qaeda are smaller in number, although their influence is growing. For that reason, Western states have been loath to arm the rebels despite their calls for Assad's ouster.

Rebels and activists say that Iran and the Lebanese Shi'ite militant movement Hezbollah have sent fighters to reinforce Assad's army - an accusation that both deny.

ECONOMIC SUPPORT

"The army of Syria is big enough, they do not need fighters from outside," Iran's Salehi said in Berlin on Monday.

"We are giving them economic support, we are sending gasoline, we are sending wheat. We are trying to send electricity to them through Iraq; we have not been successful."

Iranian President Mahmoud Ahmadinejad said later on Monday that Syria's crisis could not be solved by military means and he called for a national accord leading to elections.

"War is not the solution...A government that rules through war - its work will be very difficult. A sectarian war should not be launched in Syria," he told Al Mayadeen television.

"We believe that (deciding) whoever stays or goes is the right of the Syrian people. How can we interfere in that? We must strive to achieve national understanding, and free elections."

Another Iranian official, speaking in Damascus after talks with Assad, said Israel would regret an air strike against Syria last week, without spelling out whether Iran or its ally planned a military response.

Salehi, Russian Foreign Minister Sergei Lavrov and U.S. Vice President Joe Biden all met Alkhatib in Munich at the weekend and portrayed his willingness to talk with Syrian authorities as a major step towards resolving the war.

But Alkhatib is under pressure from other members of the exiled leadership in Cairo for saying he would be willing to talk to Assad. Walid al-Bunni, a member of the Coalition's 12-member politburo, dismissed Alkhatib's meeting with Salehi.

"It was unsuccessful. The Iranians are unprepared to do anything that could help the causes of the Syrian Revolution," Bunni, a former political prisoner, told Reuters from Budapest.

(Additional reporting by Yeganeh Torbati in Dubai and Stephen Brown in Berlin; Editing by Mark Heinrich)

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Asian shares advance after U.S. jobs, ISM

TOKYO (Reuters) - Asian shares climbed to 18-month highs on Monday after U.S. data showed some promise of a credible recovery but not strong enough to threaten the Federal Reserve's easing plans, while momentum also gained on firmer manufacturing data from Europe and China.

The yen took a break from heavy selling against the U.S. dollar and the euro, but fell to its lowest since August 2008 against the Australian and New Zealand dollars early on Monday on confidence of bold monetary support from the Bank of Japan to overcome the country's stubborn deflation.

More confidence in global economic recovery underpinned oil and copper prices while weighing on safe-haven assets, pushing 10-year U.S. Treasury yields to a nine-month high and 10-year Japanese government bond yields to a three-week high.

European markets are likely to inch higher, with financial spreadbetters predicting London's FTSE 100 <.ftse>, Paris's CAC-40 <.fchi> and Frankfurt's DAX <.gdaxi> would open up by around 0.1 percent. U.S. stock futures were little changed, pointing to a steady open on Wall Street. <.l><.eu><.n/>

The MSCI's broadest index of Asia-Pacific shares outside Japan <.miapj0000pus> rose 0.6 percent.

"Prices of risk assets are generally expected to face upward pressures," said Naohiro Niimura, a partner at research and consulting firm Market Risk Advisory. "While risk appetite is returning, prices may become top-heavy for some commodities markets where the relative strength index suggests an overbought territory under the current economic environment."

Brent crude eased 0.2 percent to $116.48 a barrel but held above $116, near a more than four-month high, as data from top consumers United States and China reinforced a view that the global economy was headed for a modest uptick this year.

"We are now seeing a consistent story of moderate growth in the U.S. and China, which is supportive of oil prices in general," said Ric Spooner, chief market analyst at CMC Markets in Sydney. "This will probably be a week of consolidation."

U.S. data out on Friday showed payrolls rose modestly last month, with upward revisions for November and December, while the Institute for Supply Management said its index of national factory activity rose to its highest since April.

China followed with positive news over the weekend, saying growth in its official purchasing managers' index (PMI) for the non-manufacturing sector ticked up in January for the fourth straight monthly rise, confirming the world's second-largest economy was showing a modest recovery.

Australian shares <.axjo>, however, lost their grip on early gains to end 0.3 percent lower, pulled down by weaker-than-expected housing data, slow job advertising and technical resistance. They jumped 0.9 percent to a 21-month high on Friday.

NIKKEI MAY BE PEAKING

Japan's benchmark Nikkei stock average <.n225> rose 0.6 percent after climbing to a fresh 33-month high earlier as the yen declined. The index climbed for a fifth straight day. <.t/>

Nikkei has been moving in tandem with the yen's two-month-long losing streak with investors eyeing the change in the BOJ's top personnel in April for clues to the likely extent of the bank's reflationary measures.

"The Nikkei may be nearing its peak for now as we may get a specific name of the most likely candidate for the next BOJ governor soon. That may provide an opportunity to close long dollar/yen positions, while a firming yen will then likely spur investors to book profits on Japanese stocks," said Tetsuro Ii, the chief executive of Commons Asset Management.

The dollar eased 0.2 percent to 92.64 yen after scaling its highest since May 2010 of 92.97 on Friday, while the euro fell 0.3 percent to 126.26 yen, still near its loftiest since April 2010 of 126.97 touched on Friday.

In early Monday trade, the yen plunged to its lowest since August 2008 against both the Australian dollar, at 96.78 yen, and against the New Zealand dollar at 78.74 yen.

The euro inched down 0.1 percent to $1.3628, off Friday's 14-1/2-month peak of $1.3711 hit after data showed euro zone factories had their best month in January in nearly a year.

On Friday, the dollar index measured against a basket of key currencies fell to a 4-1/2-month low of 78.918 <.dxy>. The index was up 0.2 percent on Monday.

As economic optimism rose and concerns about the euro zone's debt difficulties eased, investors took on more risk.

Research provider TrimTabs Investment Research said on Saturday investors poured a record $77.4 billion in new cash into stock mutual funds and exchange-traded funds in January, surpassing the previous monthly record of $53.7 billion in February 2000.

With the rise in equities on recovering appetite for riskier assets, safe-haven appeal waned, pushing up yields of U.S. Treasury bonds. The U.S. 10-year Treasury yield hit a nine-month high of 2.052 percent in Asia on Monday.

A weekly gauge of sentiment in the Japanese government bond market deteriorated sharply, remaining in negative territory for a fifth straight week as rising global appetite for risk sapped demand for bonds, the latest Reuters poll showed on Monday.

(Additional reporting by Ramya Venugopal in Singapore; Editing by Eric Meijer)

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Lights out: Ravens beat 49ers 34-31 in Super Bowl

NEW ORLEANS (AP) — From blowout to blackout to shootout, Joe Flacco and the Baltimore Ravens had just enough power to survive one of the most electric Super Bowls ever.

The outage flipped the momentum to the San Francisco 49ers, but the Ravens used a last-gasp defensive stand to hold on Sunday night, 34-31.

America's biggest sporting event came to a half-hour standstill in the third quarter when most of the Superdome lights and the scoreboards went dark. By then, the Ravens had a 22-point lead.

Everything changed after that, though, and the 49ers staged a sensational rally before Ray Lewis and Co. shut it down. But there were plenty of white-knuckle moments and the Ravens (14-6) had to make four stops inside their 7 at the end.

For a Super Bowl with so many subplots, it almost had to end this way.

Flacco's arrival as a championship quarterback coincides with Lewis' retirement — with a second Super Bowl ring no less. The win capped a sensational month since the star linebacker announced he was leaving the game after 17 Hall of Fame-caliber years.

The sibling rivalry between the coaching Harbaughs went to John, older than Jim by 15 months.

"How could it be any other way? It's never pretty. It's never perfect. But it's us," John Harbaugh said. "It was us today."

At 4 hours, 14 minutes, it was the longest Super Bowl ever. Among the most thrilling, too.

The loss of power delayed the game 34 minutes and left players from both sides stretching and chatting with each other. It also cost Baltimore whatever momentum it built, and that was considerable after Jacoby Jones' 108-yard kickoff return and Flacco's three touchdown passes made it 28-6.

Flacco's big start boosted him to the MVP award.

"They have to give it to one guy and I'm not going to complain that I got it," said Flacco, who soon will get a rich new contract. His current deal expired with this win.

Down by three TDs, back came San Francisco (13-5-1) in search of its sixth Lombardi Trophy in as many tries.

Michael Crabtree's 31-yard touchdown reception on which he broke two tackles made it 28-13. A couple minutes later, Frank Gore's 6-yard run followed a 32-yard punt return by Ted Ginn Jr., and the 49ers were within eight.

Ray Rice's fumble at his 24 led to David Akers' 34-yard field goal, but Baltimore woke up for a long drive leading to rookie Justin Tucker's 19-yard field goal.

San Francisco wasn't done challenging, though, and Colin Kaepernick's 15-yard TD run, the longest for a quarterback in a Super Bowl, made it 31-29. A 2-point conversion pass failed when the Ravens blitzed.

Tucker added a 38-yarder with 4:19 remaining, setting up the frantic finish.

Kaepernick couldn't get the Ravens into the end zone on the final three plays — there was contact on Crabtree on the final pass that appeared incidental, and Jim Harbaugh insisted it was holding.

Ravens punter Sam Koch took a safety for the final score with 4 seconds left. His free kick was returned by Ginn to midfield as time ran out.

The Harbaughs then met at midfield amid the Ravens' confetti-laden celebrations.

"It's very tough," John Harbaugh said of their conversation. "It's a lot tougher than I thought it was going to be. It's very painful."

In the first half, Flacco was as brilliant as Tom Brady, Joe Montana or Terry Bradshaw ever were in the NFL's biggest game. The only quarterback to win a playoff game in each of his first five seasons — his coach holds the same distinction — was nearly perfect. Overall, Flacco threw for 11 touchdowns to tie a postseason record, and had no interceptions.

The Ravens stumbled into the playoffs with four defeats in its last five regular-season games as Lewis recovered from a torn right triceps and Flacco struggled. Harbaugh even fired his offensive coordinator in December, a stunning move with the postseason so close.

But that — and every other move Harbaugh, Flacco and the Ravens made since — were right on target. Just like Flacco's TD passes of 13 yards to Anquan Boldin, 1 to Dennis Pitta and 56 to Jones in the first half, tying a Super Bowl record.

New Orleans native Jones, one of the heroes in a double-overtime playoff win at Denver, seemed to put the game away with his record 108-yard sprint with the second-half kickoff.

Soon after, the lights went out — and when they came back on, the Ravens were almost powerless to slow the 49ers.

Until the final moments.

"The final series of Ray Lewis' career was a goal-line stand," Harbaugh said.

Lewis sprawled on all fours, face-down on the turf, after the end zone incompletion.

"It's no greater way, as a champ, to go out on your last ride with the men that I went out with, with my teammates," Lewis said. "And you looked around this stadium and Baltimore! Baltimore! We coming home, baby! We did it!"

It was a bitter loss for Jim Harbaugh, the coach who turned around the Niners in the last two years and brought them to their first Super Bowl in 18 years. His team made a similarly stunning comeback in the NFC championship at Atlanta, but couldn't finish it off against Baltimore.

"Our guys battled back to get back in," said the 49ers coach, who was especially upset about the non-call on the pass to Crabtree.

The 49ers couldn't have been sloppier in the first half, damaging their chances with penalties — including one on their first play that negated a 20-yard gain — poor tackling and turnovers. Rookie LaMichael James fumbled at the Baltimore 25 to ruin an impressive drive, and the Ravens converted that with Flacco's 1-yard pass to Pitta for a 14-3 lead.

On San Francisco's next offensive play, Kaepernick threw behind Randy Moss and always dependable safety Ed Reed picked it off. A huge scuffle followed that brought both Harbaughs onto the field and saw both sides penalized 15 yards for unnecessary roughness.

Reed, also a New Orleans native, tied the NFL record for postseason picks with his ninth.

Baltimore didn't pounce on that mistake for points. Instead, Tucker's fake field goal run on fourth-and-9 came up a yard short when Chris Culliver slammed him out of bounds.

The Ravens simply shrugged, forced a three-and-out, and then unleashed Jones deep. Just as he did to Denver, he flashed past the secondary and caught Flacco's fling. He had to wait for the ball, fell to the ground to grab it, but was untouched by a Niner. Up he sprang, cutting left and using his speed to outrun two defenders to the end zone.

Desperate for some points, the 49ers completed four passes and got a 15-yard roughing penalty against Haloti Ngata, who later left with a knee injury. But again they couldn't cross the goal line, Paul Kruger got his second sack of the half on third down, forcing a second Akers field goal, from 27 yards.

When Jones began the second half by sprinting up the middle virtually untouched — he is the second player with two TDs of 50 yards or more in a Super Bowl, tying Washington's Ricky Sanders in 1988 — the rout was on.

Then it wasn't.

The Ravens' thrilling victory provided a grand finale for the Big Easy, which hosted its first Super Bowl since 2002 and first since Hurricane Katrina ravaged the city. But it's been a tough year for local fans. A bounties scandal and resultant suspensions helped ruin the Saints' season almost before it began, making Commissioner Roger Goodell the city's Public Enemy No. 1.

The season also was marred by a lockout of the on-field officials that turned farcical when replacement refs couldn't handle the job.

Even Super Bowl week was disrupted by reports that deer-antler spray, of all things, might have been used by NFL players as a performance enhancer.

And then the NFL's showcase event was stopped cold by a lack of power.

Flacco, though, provided plenty of sizzle.

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Battle-Scarred Skull of Suspected King Richard III Revealed

A battle-scarred skull discovered beneath a parking lot in England could be that of King Richard III, who died in battle in 1485.

The University of Leicester released the skull image — the first photo of the human remains that may belong to the English monarch — ahead of a big announcement on the identity of the bones, scheduled for Monday (Feb. 4) morning.

“The skull was in good condition, although fragile, and was able to give us detailed information about this individual,” Jo Appleby, an archaeologist at the University of Leicester, said in a statement.

Archaeologists had unearthed the skeleton, including its skull, last year in the choir of what was the medieval church Grefriars, which had been buried under a parking lot. Historical records suggested King Richard III was buried there after he died at the Battle of Bosworth Field, during the War of the Roses, an English civil war.

To get as close a look as possible at the skull, and find out whether it once held the English crown, researchers used computed tomography (CT) scanning.

“In order to determine whether this individual is Richard III we have built up a biological profile of its characteristics. We have also carefully examined the skeleton for traces of a violent death,” Appleby said. [See Images of the Skull & Search for Richard III's Grave]

Skeletal signs

Appleby and colleagues had good reasons to think the remains came from the famous king, best known through William Shakespeare’s fictional account of him in “Richard III.” For instance, not only was the skeleton male, it was found in the church choir area where historical records would suggest Richard III was buried. The skull also showed signs of being wounded, as if it were cut clean off his body with an axe or sword, something consistent with a battle death.

Scientists also found a barbed arrowhead in the skeleton’s spine, which showed signs of scoliosis. Such an abnormally curved spine would’ve made its owner’s right shoulder sit higher than the left, matching contemporary portrayals of Richard III. However, unlike some later accounts, the king was not a hunchback.

The CT scans will allow scientists to create a 3-D image of the body, over which they can place flesh; same goes for the skull, which the team plans to reconstruct to show what the man’s face would’ve looked like, though this procedure can be somewhat unreliable. The team also said they would analyze any DNA recovered from the bones. Such results could then be compared to those of a direct descendant of Richard’s sister, who was uncovered by John Ashdown-Hill, author of “The Last Days of Richard III.” From those remains, scientists have mitochondrial DNA, or the DNA inside the cell’s energy-making structures, which gets passed down only by mothers.

Strange tales

Richard III ruled from 1483 to 1485, becoming the last English king to die in battle. Though it was known the king was buried at the Franciscan Friary (known as Greyfriars) in Leicester, the grave and church itself were eventually lost. Even so, interest in the king led to some far-fetched grave tales about the grave’s whereabouts, including one purporting the bones were thrown into the Soar River. “Other fables, equally discredited, claimed that his coffin was used as a horse-trough,” Philippa Langley, a Richard III Society member, said in a statement.

The researchers started digging beneath the Leicester City Council parking lot on Aug. 25. Since then, they have found the church and a 17th-century garden marked by paving stones. Records suggest mayor of Leicester Robert Herrick built a mansion and garden on the medieval church site years after the king’s death, reportedly placing in the garden a stone pillar inscribed with, “Here lies the body of Richard III sometime King of England.” [10 Weirdest Ways We Deal With the Dead]

If the bones turn out to belong to King Richard III, where will they be re-interred? The University of Leicester has jurisdiction over the remains, and had said last year the remains would be buried under Leicester Cathedral.

However, other interested parties have their own opinions: The Richard III Foundation and the Society of Friends of Richard III, based in York, England, argue the remains should be reburied in York, since the king was fond of that city. The Richard III Society has remained officially neutral. Meanwhile, some online petitions have argued the reburial should take place at Westminster Abbey or Windsor Castle.

“If the identity of the remains is confirmed, Leicester Cathedral will continue to work with the Royal Household, and with the Richard III Society, to ensure that his remains are treated with dignity and respect and are reburied with the appropriate rites and ceremonies of the church,” the Very Reverend Vivienne Faull, the Dean of Leicester, said in a statement.

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Ravens stave off 49ers' rally to win Super Bowl 34-31

NEW ORLEANS – The Ravens were almost done in Sunday by a reign delay.

A power outage at the Superdome halted Super Bowl XLVII for 34 minutes casting the stadium into a twilight-like darkness and allowing the reeling 49ers to regroup with almost a full half remaining.

Despite an impressive power surge by the 49ers, however, the Ravens were able to hang on for a 34-31 victory, hoisting the Lombardi Trophy for the second time in their history.

"It's never pretty, it's never perfect, but it's us," said Ravens coach John Harbaugh, whose team had lost four of its last five regular-season games before going on a marvelous run that included knocking off the Colts, Broncos and Patriots to reach the biggest stage.

Even before the ball was kicked off, the game made history. For the first time, brothers stood on opposite sidelines as head coaches. John's younger brother, Jim, coaches the 49ers, making Sunday's victory somewhat bittersweet for the Ravens coach.

"It's tough," John said. "It's very tough. It's a lot tougher than I thought it was going to be. It's very painful."

Most excruciating for the 49ers was how close they came. The game essentially ended on a goal-line stand, with three incomplete passes by the 49ers from the Ravens' 5 inside the final two minutes.

Second-year quarterback Colin Kaepernick, who showed incredible poise for a player with just 10 career starts, failed to connect with Michael Crabtree on three straight tries. On the last, Jim Harbaugh complained angrily that cornerback Jimmy Smith had held Crabtree, but officials were unsympathetic.

"There's no question in my mind that there was a pass interference and then a hold on Crabtree on the last one," the 49ers coach said.

The 49ers are now 5-1 in Super Bowls. By winning, the Ravens improved to 2-0 in the marquee game, becoming the only NFL team with multiple Super Bowl wins and an unblemished record in the big game.

"Lord knows, this season, it was tough, it was rough, I'm just ready to kick my feet up," said an effusive Ravens safety Ed Reed, a New Orleans native who said he felt like leading a parade "all the way up Poydras," the street that runs past the Superdome.

Reed intercepted an overthrown Kaepernick pass in the first half and grabbed a piece of history. It was the first time a 49ers quarterback had been picked off in the Super Bowl, with Joe Montana and Steve Young accounting for 17 touchdown passes in the previous five appearances.

Kaepernick completed 16 of 28 for 302 yards, with a touchdown and an interception. He also ran seven times for 62 yards and a score.

The star quarterback Sunday was Ravens quarterback Joe Flacco, who threw three touchdown passes and was named the game's most valuable player.

"I think we gave the country a pretty good game to watch — not to our liking necessarily — but that's the way it goes sometimes, and that's the way we do things," said Flacco, who completed 22 of 33 for 287 yards with a passer rating of 124.2.

The game was a masterpiece for the Ravens' Jacoby Jones, who grew up in New Orleans.

First, he had a 56-yard touchdown in the second quarter that had to have countless fans rewinding their DVRs. He slipped past cornerback Chris Culliver and caught a slightly underthrown bomb, turning with his back to the goal line to grab the ball, then falling to the ground. Untouched, he immediately popped to his feet, spun away from a defender, then beat Culliver again to the end zone.

That was just one of Culliver's travails on a very bad night for the young corner, who found himself in hot water earlier in the week when he said on a radio show that he would never accept a gay teammate.

Keeping up with Jones wasn't an option, not after he took the opening kickoff of the second half and returned it 108 yards for a touchdown, setting a Super Bowl record and tying the NFL record. Jones' return took a mere 11 seconds. Not bad for a guy in pads who had to dodge defenders along the way.

Before most of the lights ringing the field went out, the Ravens had built a 28-6 lead. But after the delay, during which players stretched in the surreal half-light, the 49ers answered with a 23-3 run.

With their red-and-gold-clad fans roaring their approval, the 49ers just missed a chance to forge a tie at 31 with 10:04 remaining, after Kaepernick ran for a 15-yard touchdown, the longest scoring run by a quarterback in Super Bowl history. But his conversion pass to Randy Moss was incomplete, however, leaving the Ravens to cling to a tenuous two-point lead.

The 49ers wouldn't score on offense again, and their only points came on an intentional safety by the Ravens in the game's final moments.

The game was a curtain-dropper for All-Pro Ravens linebacker Ray Lewis, who punctuated his career the way NFL stars John Elway, Jerome Bettis and Michael Strahan did — with a championship ring.

For the Ravens, the night was unforgettable.

Asked what he told his team before the game, John Harbaugh said: "I told them there's an old Motown song that says, 'There ain't no mountain high enough, ain't no valley low enough, ain't no river wide enough to keep us from winning this championship.' That's exactly what I said. It's a great song too."

Reed had another ditty in mind.

The All-Pro safety, having collected the crowning achievement of his storied career, cleared his throat, leaned into his microphone and crooned: "I've got two tickets to paradise …"

It was that kind of night.

sfarmer@tribune.com

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Iran hedges on nuclear talks with six powers or U.S.

MUNICH (Reuters) - Iran said on Sunday it was open to a U.S. offer of direct talks on its nuclear program and that six world powers had suggested a new round of nuclear negotiations this month, but without committing itself to either proposal.

Diplomatic efforts to resolve a dispute over Iran's nuclear program, which Tehran says is peaceful but the West suspects is intended to give Iran the capability to build a nuclear bomb, have been all but deadlocked for years, while Iran has continued to announce advances in the program.

Iranian Foreign Minister Ali Akbar Salehi said a suggestion on Saturday by U.S. Vice President Joe Biden that Washington was ready for direct talks with Iran if Tehran was serious about negotiations was a "step forward".

"We take these statements with positive consideration. I think this is a step forward but ... each time we have come and negotiated it was the other side unfortunately who did not heed ... its commitment," Salehi said at the Munich Security Conference where Biden made his overture a day earlier.

He also complained to Iran's English-language Press TV of "other contradictory signals", pointing to the rhetoric of "keeping all options on the table" used by U.S. officials to indicate they are willing to use force to keep Iran from obtaining a nuclear weapon.

"This does not go along with this gesture (of talks) so we will have to wait a little bit longer and see if they are really faithful this time," Salehi said.

Iran is under a tightening web of sanctions. Israel has also hinted it may strike if diplomacy and international sanctions fail to curb Iran's nuclear drive.

In Washington, Army General Martin Dempsey, the top U.S. military officer, said in an interview broadcast on Sunday that the United States has the capability to stop any Iranian effort to build nuclear weapons, but Iranian "intentions have to be influenced through other means."

Dempsey, chairman of the Joint Chiefs of Staff, made his comments on NBC's program "Meet the Press," speaking alongside outgoing Defense Secretary Leon Panetta.

Panetta said current U.S. intelligence indicated that Iranian leaders have not made a decision to proceed with the development of a nuclear weapon.

"But every indication is they want to continue to increase their nuclear capability," he said. "And that's a concern. And that's what we're asking them to stop doing."

The new U.S. secretary of state, John Kerry, has said he will give diplomacy every chance of solving the Iran standoff.

THE BEST CHANCE

With six-power talks making little progress, some experts say talks between Tehran and Washington could be the best chance, perhaps after Iran has elected a new president in June.

Negotiations between Iran and the six powers - Russia, China, the United States, Britain, France and Germany - have been deadlocked since a meeting last June.

EU officials have accused Iran of dragging its feet in weeks of haggling over the date and venue for new talks.

Salehi said he had "good news", having heard that the six powers would meet in Kazakhstan on February 25.

A spokesman for EU foreign policy chief Catherine Ashton, who coordinates the efforts of the six powers, confirmed that she had proposed talks in the week of February 25 but noted that Iran had not yet accepted.

Kazakhstan said it was ready to host the talks in either Astana or Almaty.

Salehi said Iran had "never pulled back" from the stuttering negotiations with the six powers. "We still are very hopeful. There are two packages, one package from Iran with five steps and the other package from the (six powers) with three steps."

Iran raised international concern last week by announcing plans to install and operate advanced uranium enrichment machines. The EU said the move, potentially shortening the path to weapons-grade material, could deepen doubts about the peaceful nature of Iran's nuclear program.

Prime Minister Benjamin Netanyahu said on Sunday that Israel's mission to stop its arch-enemy from acquiring nuclear weapons was "becoming more complex, since the Iranians are equipping themselves with cutting-edge centrifuges that shorten the time of (uranium) enrichment".

"We must not accept this process," said Netanyahu, who is trying to form a new government after winning an election last month. Israel is generally believed to be the only country in the Middle East with nuclear weapons.

(Additional reporting by Myra MacDonald and Stephen Brown in Munich, Dmitry Solovyov in Almaty, Yeganeh Torbati in Dubai and Jim Wolf in Washington; Editing by Kevin Liffey and Will Dunham)

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