Asian stock market january 22 2008

letnik.info Market Report - Jan. 22,

The rest of the comeback, for the economy as well as the stock market, may depend on a turnaround in the battered housing market and renewed confidence among U.

Business - Articles from January 16, to January 22, - International - SPIEGEL ONLINE

The Federal Reserve has cut interest rates in a surprise move to stave off recession in the US. Meanwhile markets around the world have had another bad day.

A man stands in front of an electronic board at a stock exchange in Shanghai January 22, China's main stock index ended Tuesday morning more than 4 percent lower because of sliding overseas markets and the prospect of big supplies of new shares, though blue chips came well off their early lows.

Shanghai index down %, Hang Seng crashes

The Dow Jones industrial average INDU lost about points, recovering after opening the session down by more than points. The blue-chip barometer ended at a month low.

Stocks pare some losses after rate cut

Tue 6 Feb For readers just re joining us, the Tuesday morning briefing is a handy catch-up of the last few hours of markets action:.