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Asian Markets Soar After Fed's Rate Cut

Stocks see biggest jump in 5 years as panic gives way to optimism

By Kevin Spak, Newser Staff

Posted Aug 20, 2007 1:00 AM CDT

(Newser) – The global equities sell-off ground to a halt today as Asian stocks had their biggest gains in five years. Responding to Friday’s cut in the US Federal Reserve’s discount rate, Japan’s Nikkei 225, Hong Kong's Hang Seng and South Korea's Kospi indexes... Read full story »

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Asian Markets Soar After Fed's Rate Cut

Stocks see biggest jump in 5 years as panic gives way to optimism

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South Korea • Japan • Federal Reserve • Hong Kong • stocks • Singapore • Nikkei • Hang Seng • Asian markets • global market • Kospi index

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