dax up by nearly 1% falling to 6.8%. that s better than expected. what i think is really the issue here in term of these markets is a set of gains for some of the big uk listed mining stocks. in particular, strata. this is due to the fact that china we had manufacturing data which was not as disappointing as we feared. it all comes pack to china. slight losses of 2/3 of a percent andrew. you talked about china. it had a big impact in asia. if you look at the numbers, it s a healthy start to the new year. the nikkei and the chinese markets closed again but elsewhere, you can see some of the better performers right around this region. hong kong up by 2.4%. the market that disappointing pair.
the government of south sue dan gained control of a remote village that was attacked over the weekend. some 4,000 army and police reinforcements have reportedly been sent to aville raj. they re fighting over grazing land. the u.s. republican party presidential race is about to get ready over iowa. candidates have been campaigning for weeks and tuesday night voters will take part in what is being called caucuses. they are a few hundred in formal get-togethers where people take the candidate they want to face president barack obama in november s general election. those are the top stories from cnn, the world s news leader. much more coming up on the iowa caucuses just ahead. world business today starts right now. good morning from cnn london. i m charles hodson. a very good afternoon from cnn hong kong, i m andrew stevens and welcome to the first edition of world business today of 2012. this is tuesday, january 3rd. it is a new year. but one report already suggests busine