TOKYO: Asian markets were mixed Thursday as investors waited for key interest rate decisions in Europe later in the day and braced for more bad news from Friday's U.S. jobs report. Oil prices fell to fresh three-year lows. Japan's Nikkei 225 average fell 79.86 points, or 1 percent, to7, 924.24.Hong Kong's Hang Seng index dipped 0.6 percent to 13,509 points, but mainland China's Shanghai Composite index rose 1.9 percent to2001.5 on news that a government fund announced it had bought sharesin a major bank. New Zealand's share index rose 0.9 percent after the central bankslashed its cash rate by a record 1.5 percentage points. Elsewhere, markets in Singapore, India and Indonesia rose, but those in Taiwan, Thailand, the Philippines and Malaysia fell.Thursday, December 4, 2008
Asia stocks mixed
TOKYO: Asian markets were mixed Thursday as investors waited for key interest rate decisions in Europe later in the day and braced for more bad news from Friday's U.S. jobs report. Oil prices fell to fresh three-year lows. Japan's Nikkei 225 average fell 79.86 points, or 1 percent, to7, 924.24.Hong Kong's Hang Seng index dipped 0.6 percent to 13,509 points, but mainland China's Shanghai Composite index rose 1.9 percent to2001.5 on news that a government fund announced it had bought sharesin a major bank. New Zealand's share index rose 0.9 percent after the central bankslashed its cash rate by a record 1.5 percentage points. Elsewhere, markets in Singapore, India and Indonesia rose, but those in Taiwan, Thailand, the Philippines and Malaysia fell.
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