Asia Markets 9/29/2008

ChinaAsia markets fell on concerns that the US federal bailout may be too little, too late.

The Nikkei was off 1.3% to 11,744. Toyota (TM) fell over 3% on concerns about a recession. Mizuho Financial Group fell almost 2%.

The Hang Seng dropped 2.9% to 18,129. Ping An Insurance dropped 9% on a bail-out of Fortis.

The Shanghai market was closed for a holiday.

Data from Reuters

Douglas A. McIntyre