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Top Asian News 1:35 a.m. GMT

The Lunar New Year of the Dragon flames colorful festivities across Asian nations and communities

TAIPEI, Taiwan (AP) — With fireworks, feasts and red envelopes stuffed with cash for the kids, numerous Asian nations and overseas communities have welcomed Saturday the Lunar New Year. It begins with the first new moon of the lunar calendar and ends 15 days later on the first full moon. The dates of the holiday vary slightly each year, falling between late January and mid-February as it is based on the cycles of the moon, Festivities to mark the Year of the Dragon in Taiwan were marked by appearances by newly elected president Lai Ching-te and the speaker of the Legislature, Han Kuo-yu, who represents the opposition Nationalist Party that favors political unification with China.