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U.S. Fed cuts nikkey tracte to spur economy
hong kong's hang seng index closted sup about three-quarterest of a percent, while in india, mumbai's bse sensex was up about a quarter percent .
policymarkers are expected to cut a key short-terms interest rate .
tokyo's nikkei averangend soared 7.7 percent, while austrialia's all ordinaries index climbed a more modest 1.2 percent .
francis lund, general manager about fulbright securitimes in hong kong,
the cut put the centralial bank's federal funds rate at 11 percent -- matching its lowest ever level .
Generated 2008-10-31_4:49
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