Nikkei melata kembali ke territori positif barusan, dan ini pandangan umum dari CNBC Asia ttg market hari ini ditulis sekitar 1 jam lalu, so better be on your toes..
Markets Are Nervous, Banks Get Spooked by Bonds By CNBC.com CNBC.com | 30 Jan 2008 | 07:23 PM ET Asian stocks were having a jittery morning session Thursday with markets dipping in and out of negative territory as fears of a possible downgrade of U.S. bond insurers hit financials. Investors were also closely watching Japanese corporate earnings with several companies, including *Sony*, posting results later in the session. The Dow initially rallied after the Federal Reserves 50 basis point interest rate cut Wednesday, but lost momentum in the final hour after CNBC reported that two big bond insurers were facing possible downgrades. The *Nikkei 225 Average * pared back early losses. Japanese banks slid on fresh worries about the subprime loan crisis a day after newspapers reported that subprime losses at No. 2 bank *Mizuho Financial Group *may have nearly doubled to $2.8 billion, potentially forcing the bank to further cut its forecast and plough more money into its struggling brokerage. Fears of a downgrade of bond insurers also hit financials. But a jump in *Yahoo Japan *shares helped to keep the market off its lows. Yahoo climbed over 8 percent after brokerages lifted their ratings on the Internet firm following a 13 percent increase in its quarterly profit. Seoul shares reversed early losses, to swing back into positive territory, up 1 percent. But SK Telecom, South Korea's top mobile carrier, was still down, after it reported a sharper-than-expected *76 percent fall in quarterly profit* <http://www.cnbc.com/id/22922138/site/14081545/> as marketing costs to attract users for new services wiped out revenue growth. Australia's *S&P/ASX 200 Index *fell as much as 3 percent in early trade, but regained its footing to trade flat. Resource stocks such as BHP Billiton and Rio Tinto advanced despite a fall in gold and base metals prices. But * Woolworths* slid as much as 5 percent, its lowest since August, after reporting lower second-quarter sales than expected on Wednesday. Singapore's *FTSE Straits Times Index* crept higher despite a negative start. (c) 2008 CNBC.com URL: http://www.cnbc.com/id/22920973/ ------------------------------ MSN Privacy <http://mobile.msn.com/device/en-us/privacy.aspx> . Legal<http://mobile.msn.com/device/en-us/terms.aspx> (c) 2008 CNBC.com
