..."Two of three major concerns in the market have become a bit brighter (click title to entry - thank you), with the risk of nationalisation of Citi and Bank of America receding and U.S. retail sales turning out to be better than expected," said Takashi Kamiya, chief economist at T&D Asset Management. [.N]
"But what we are seeing is not the beginning of an upward trend, as uncertainty over GM's future still remains. This is merely a series of short-covering, not full-fledged buying by institutions such as pension funds."...
A man walks by an electronic board displaying falls in share prices on October 10, 2008 in Tokyo, Japan. The Nikkei 225-issue stock index falls below 9,000 yen level for the first time since June 2003.
(Photo by Koichi Kamoshida/Getty Images AsiaPac)
(Photo by Koichi Kamoshida/Getty Images AsiaPac)
