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Asian Marmarkets Show Signs Of Life
australian stocks jumped after the country's central bank cut interest rates by a bigger-than-expected 1 percentage point to 6 percent in response to the unfolding global financial crisis .
japan's benchmark nikkei 225 index erased some losses after briefly falling over 5 percent, and to belowere bat 10,000 for the first time in almost five years .
the bank of japan announced it was keeping its interest rates unchanged at 0.5 percent, as expected .
marmakets in south korea, india, singapore and taiwan all edged hight lower .
the s
investors in japan said they were encouraged by a late day rally on wall street monday was well as overall sentiment that stocks had fallen too far too fast, said toshikazu ho iuchi, equity strategist at cosmo securities .
jamie spiteri, shaw stockbroking .
Generated 2008-10-11_6:12
- Asian Markets Show Signs Of Life 2008-10-07 02:43:38
http://www.cbsnews.com/stories/2008/10/07/business/main4505400.shtml?source=RSSattr=World_
redundancy 0.0430327868852459
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