12/16/2008

Markets throughout Asia closed mixed today after a drop on Wall Street and in anticipation of a rate cut by the Federal Reserve. Tokyo's Nikkei 225 Average fell 1.1%, Australia's S&P/ASX 200 lost 1% and South Korea's Kospi added 0.3%. New Zealand's NZX 50 Index climbed 0.7%, Hong Kong's Hang Seng Index gained 0.6% and China's Shanghai Composite rose 0.5%. Taiwan's Taiex inched up 0.1%, Singapore's Straits Times Index grabbed 0.4%, and India's Sensex went up 1.5%.

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