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Asian Banks Lower Rates, but Stocks Still Drop

Dec. 1, 2008
Australia and Japan increased efforts to shield their economies from the global economic slowdown, but Asian stock markets still responded with drops.
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Nikkei closes higher

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TOKYO, Oct. 13 (UPI) -- Some Asian-Pacific markets that were hammered last week showed signs of recovery after opening Monday, encouraged by weekend developments.

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Vietnam Veterans Memorial Visited in Washington
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Veterans etch the names of their friends inscribed on the Vietnam Veterans Memorial on the 50th anniversary of the Vietnam War on May 26, 2012 in Washington, DC. More than 58,000 names of the servicemen who were killed or missing in the war are engraved on The Wall. UPI/Pat Benic