DAVID HAFFENREFFER, CNN ANCHOR: Time now to get a check on how the Asian markets fared overnight. We go right to Dalton Tanonaka at our studios in Hong Kong -- hi, Dalton.</s>DALTON TANONAKA, CNN CORRESPONDENT: Hi, David. A morning rally in Tokyo gave way to some late-day selling. Worries over corporate profits eroded early gains in the tech sector -- the 225-issue Nikkei closing slightly weaker. In Hong Kong, hopes of another U.S. interest rate cut lifted several rate-sensitive stocks. And that helped the Hang Seng index firm nearly 1 percent. The solid Tuesday rally in U.S. techs, along with promises by President Chen Shui-bian to boost the Taiwan economy, sent the Taipei weighted index up more than 3 percent. That market has gained nearly 5 percent in the past two sessions alone. In one bit of corporate news, Japan's No. 3 automaker, Honda, is recalling more than 100,000 cars due to faulty wheels bolts. That recall affects up to 19 different models within Japan, including the popular compact Civic and CRV truck. The total cost of that recall is expected to hit $15 million. And that is the business day here in Asia, David -- back to you in New York.</s>HAFFENREFFER: All right, Dalton, thank you very much -- Dalton Tanonaka.
Nikkei Closes Down; Hang Seng Finishes Up