DEBORAH MARCHINI, CNN ANCHOR: The Asian markets had a rather mixed day of it.</s>DAVID HAFFENREFFER, CNN ANCHOR: Dalton Tanonaka sums up the day from our studios in Hong Kong. Good morning, Dalton.</s>DALTON TANONAKA, CNN CORRESPONDENT: Good morning, David. Good morning, Deborah. On this particular trading day, domestic factors weighed on Asian markets more than what happened on Nasdaq or Wall Street. Tokyo had its fourth winning session in a row, advancing 2/3 of one percent. Bank stocks led the gainers there. Investor sentiment lifted by a planned meeting of the ruling Liberal Democratic Party to discuss market-boosting measures. Hong Kong edged down 2/3 of a percent. Heavy selling hit China- linked companies in a reaction to the public support of Chinese Premiere Zhu Rongji, him saying a plan to crack down on stock market manipulation. He made those comments late Tuesday. The political turmoil in the Philippines scared investors away, again. The Manila Composite sinking six percent with blue chips leading the steep fall there. The peso also taking a major hit, the Philippine currency tumbling five percent at the open, falling to a record low of 55 pesos, 75 centavos to the dollar. In intraday trading, it settled at 54.40. The impeachment trial of President Joseph Estrada suspended indefinitely, street demonstrations followed. Protesters angry by a narrow Senate vote late Tuesday that ruled out the opening of key bank documents. And that is the Asian business day. David and Deborah, back to you in New York.</s>MARCHINI: All right, Dalton, thank you.
Domestic Factors Weigh on Asian Markets