Most Asian markets recover on hopes for US bailout

 
Associated Press
Published: October 1, 2008

TOKYO (AP) -- Most Asian markets bounced back Wednesday on hopes that a $700 billion bailout for the U.S. financial system will soon win legislative approval, although doubts persisted about the outlook for the global economy.

Japan 's Nikkei 225 index, the benchmark for Asia 's biggest bourse, gained 108.40 points, or 1 percent, to close at 11,368.26. On Tuesday, it plunged 4.1 percent to its lowest in ...


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