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Asian Markets Rebound

Fed rate cut sees markets stage modest recovery

By Rob Quinn, Newser Staff

Posted Jan 23, 2008 5:14 AM CST

(Newser) – Asian markets bounced back modestly this morning after two days of precipitous drops. Hong Kong's Hang Seng index jumped 10.72%, Japan's Nikkei average rose 2%, and the Topix index was up 2.5%. Sydney's index closed 4.4% higher, breaking a 12-day downturn, and... Read full story »

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Asian Markets Rebound

Fed rate cut sees markets stage modest recovery

Federal Reserve • Hong Kong • Nikkei • Hang Seng • Asian markets

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