DEBORAH MARCHINI, CNN ANCHOR: Well, shares of Firestone's parent Bridgestone plunged again in Japan.</s>DAVID HAFFENREFFER, CNN ANCHOR: And to get a wrapup of the overall Asian markets, we join Andrew Stevens from our studios now in Hong Kong. Good morning.</s>ANDREW STEVENS, CNN CORRESPONDENT: Good morning, David. Good morning, Deborah. As you say, Bridgestone making the headlines in Tokyo today with that announcement that it will recall tires made by Firestone. Bridgestone's share price nosediving 10 percent after the announcement, before recovering slightly, but still closing eight percent down at 2075 yen. That stock is now down 15 percent since Monday. On the broader market, investors still watching the standoff between the government and the central bank. Bank governor Hayami sticking to his guns on the need to raise interest rates, while the government continues to warn that the economy is still too weak. The Nikkei closing 1.3 percent higher at 16034 points in light trading; that's ahead Bank of Japan's key meeting on interest rates, which happens this Friday. Hong Kong stocks, meanwhile, recovered from an early selloff to close virtually unmoved at 71181 points. Investors getting out of China Mobile, though; that stock was the biggest loser on the index today, down more than two percent; that's also it second biggest fall -- or second big fall in two days. And the Korean market is snapping back in a big way after a four- day losing streak. The benchmark Kospi index popping more than 6 1/2 percent higher, as investors became more optimistic about a restructuring plan at Hyundai. But it is only optimism at this stage. There's still nothing firm on the table from Korea's largest company. The government has given Hyundai until August 19 to produce a restructuring plan. That is the main news from Asia today. David, Deborah, back to you.</s>MARCHINI: All right, thank you, Andrew Stevens.
Bridgestone Plunges Further in Japan; Investors Focusing on Government-BoJ Standoff