DEBORAH MARCHINI, CNN ANCHOR: Now we're going to take a look at the Asian markets, where Tokyo gave up a big rally to close unchanged. Dalton Tanonaka joins me live from Hong Kong with more -- Dalton.</s>DALTON TANONAKA, CNN CORRESPONDENT: Good morning, Deborah. Japan's long-awaited economic rescue package was surprisingly greeted with little follow-through in the Tokyo markets. Prime Minister Yoshiro Mori's announcement that he would resign was similarly ignored by the market, as it confirmed what everyone already knew. As expected, the government's proposals center on helping banks to dispose of their bad debt burdens and setting up a fund to absorb their massive shareholdings. But the plan didn't specify when the fund would be implemented, sparking a selloff in banking stocks. The Nikkei still managed to close with a slight gain after tech shares rebounded on the back of the Nasdaq's rally. That rally gave a significant boost to tech and telecoms in Hong Kong: the Hang Seng finishing 2.6 percent higher, helped by an 11 percent jump in heavyweight China Mobile. Analysts expect that company to post a 272 percent increase in profits to $2.1 billion when it announces full- year earnings on Monday. Seoul stocks ended firmer on hopes the country's currency would stabilize. Dealers say the Bank of Korea sold its dollar holdings after indicating it would take aggressive measures to support the won: the KOSPI rising 2.5 percent. That is the market day here in Asia. Deborah, back to you in New York.</s>MARCHINI: All right, thank you Dalton. TO ORDER A VIDEO OF THIS TRANSCRIPT, PLEASE CALL 800-CNN-NEWS OR USE OUR SECURE ONLINE ORDER FORM LOCATED AT www.fdch.com
Japan Greets Government Aid Package with Little Enthusiasm