South Korean Shares Close Off Lows On Late Buying In Chipmakers, Telecoms []

South Korean Shares Close Off Lows On Late Buying In Chipmakers, Telecoms []
Thursday, Seoul shares closed lower for a sixth day, but well off their lows for the session on late buying in chipmakers and telecom stocks. The KOSPI index closed down 7.97 points or 0.4% at 1,799.02.

Japan Shares Look To Break Losing Streak []
Tokyo stocks get another negative lead from Wall Street as traders try again to break their losing streak.

Stocks Tumble After Oil Surges To Record, Fed Cuts Growth Forecast - Asian Commentary []
Wednesday, stock markets across the Asia-Pacific region tumbled after the crude prices surged due to weakness in dollar and the Federal Reserve cut its forecast for U.S. economic growth in 2008. Hong Kong's Hang Seng Index, which pulled back 4.2%, led the Asian fall.

New Zealand Shares Close Off Day's Lows []
Thursday, Wellington shares closed lower, recovering from early weakness, after the U.S. market plunged overnight on credit concerns. The benchmark NZX 50 index closed down 16.79 points or 0.41% at 4,054.22, off a low of 4,036.66, and the broader NZX All Capital index shed 3.39 points or 0.31% to end at 1,103.75.

Quiet Day For China Shares []
Not much action is expected on the Chinese stock market when the Shanghai Composite Index kicks off trade on Thursday as much of the market's liquidity is locked up in pending initial public offerings.

Blue Chip Stocks Drag Shanghai Index Down []
Wednesday, Shanghai shares closed lower as China Railway Group's initial public offering of 2.34 billion A-shares put pressure on liquidity. ICBC and other large caps, particularly dual-listed companies, also extended losses in late trade.

Amended: Australian Market Falls On Wall Street Losses, Lower Metal Prices []
Amended: In the first para "Topix index of all First Section issues" corrected as "All Ordinaires index". Corrected version follows.

Japanese Market Tumbles To Sixteen-month Low On Stronger Yen []
Wednesday, Tokyo shares plunged, with the benchmark Nikkei 225 index closing at its lowest in sixteen months, as a stronger yen hurt investor sentiment and sparked selling across the board.

Downward Pressure For Thai Shares []
The Thai stock market is searching for consistency ahead of Thursday's market open, mired in a streak that has seen the Stock Exchange of Thailand finish lower now in four straight sessions.

New Zealand Market Closes Flat []
Wednesday, Wellington shares closed flat, giving off the mid-session gains. The market had opened on a positive note on the back of overnight gains on Wall Street. The benchmark NZX 50 Index closed up 3.71 points or 0.09% at 4,071.01. The broader NZX All Capital Index added 1.56 points or 0.14% to end at 1,107.14.