now in asia, stock markets were down across the region. japanese markets, though, took a beating today. the nikkei tumbling in the early trade and continued to slide throughout the day. it closed down more than 6%. you have to go back to the collapse of lehman s in 2008 to see losses like this in japan. as you see there, the nikkei was 6.18%. in seoul, the kospi pardon, it was up by about 0.8 of 1%. construction companies in seoul getting a lift there. that s based on the fact that there will be a lot of reconstruction needed in japan. australia down by about 4/10 and new zealand down by 2/3. in japan, the bank of japan pumping a record 15 trillion yen into the financial system in a move to build confidence in the markets. that s about $180 or so billion. and the central bank says it will addth in $3 trillion to the
Detailed text transcripts for TV channel - MSNBC - 20100805:20:21:15
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