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Asia Markets Up, Down (Again)

Indexes rise after Wall St. rally and rate cut hopes, but fall on weak earnings reports

(Newser) - Markets across Asia rebounded today following a huge Wall Street rally and hopes of a drop in interest rates, but failed to hold on to some of their biggest gains as investors hedged against weak earnings reports from heavy hitters such as Panasonic and Sony, MarketWatch reports. Meanwhile, the Japanese... More »

Asian Markets Mauled

Markets across Asia plummet to multi-year lows amid intractable recession fears

(Newser) - Asian markets took a hammering today for the third day in a row as investors looked ahead and saw nothing but gloom, Marketwatch reports. The Nikkei index nosedived 9.6% to a five-year low. Indexes in Hong Kong, South Korea, China, Taiwan, and Australia all sank to multi-year lows. Analysts... More »

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