GLOBAL MARKETS-Asian shares steady on Obama 'fiscal cliff' comments
Posted on December 05, 2012 at 19:31 PM EST
TOKYO, Dec 6 (Reuters) - Asian shares were steady near 16-month highs on Thursday, supported by hopes that U.S. lawmakers will reach a compromise to avoid the so-called 'fiscal cliff' of year-end tax hikes and spending cuts which threaten to push the U.S. economy back into recession.