Asian Markets Mixed After Worldwide Interest Cuts

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The FREITAR uprising in Japan.

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Investors worldwide were hoping that worldwide interest rate cuts would help buoy the markets, but thus far results seem mixed. Many markets in Asia faced small gains after a brutal Wednesday that saw the Japan's Nikkei fall more than 9 percent. The Japanese index regained some of those losses, gaining 1.25 percent in early trading. Likewise, Hong Kong's Hang Seng index rose 2.7 per cent. The Australian ASX index fell by around 1.0 percent.