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Donnerstag, 4. Dezember 2008

ahead of European rate decisions

Asia stocks mixed ahead of European rate decisions Asian markets mixed as investors await European rate decisions, US jobs report December
NEW YORK (Associated Press) - 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, to 7,924.24 as automakers continued to slide amid signs of slumping demand for new vehicles in the United States and Toyota said it was suspending production at three plants in Japan later this month.
Investors were also nervous about the fate of the U.S. automakers trying to persuade skeptical lawmakers to save their troubled industry with $34 billion in emergency aid... more detail from CNN here...

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