DEBORAH MARCHINI, CNN ANCHOR: Many Asian markets latched on to Wall Street's strength yesterday and largely ignored Apple's after- hours earnings warning. There was, though, one notable casualty. Michelle Han sums up the day in Asia from Hong Kong. Hello, Michelle.</s>MICHELLE HAN, CNN CORRESPONDENT: David, Deborah, good morning. Asian investors said: What profit warnings? Markets shrugged off Apple Computer's bad news and finished mostly higher, thanks to Wall Street's powerful rally. The Tokyo Nikkei average advanced three-quarters of a percent. Buying by fund managers hoping to spruce up their portfolios before the last trading day of the fiscal first half in Japan helped lift the Nikkei. Nasdaq's big gains have spilled into Japanese tech stocks. On the economic front, Japan's unemployment rate for August came in at 4.6 percent. That's a slight improvement from July. Government officials say the jobless rate is still too high. Over here in Hong Kong, the Hang Seng took Wall Street's cue and gained 1.5 percent. Tech, property and banking sectors saw the most action. But investors in Taiwan decided not to follow in Wall Street's footsteps. The TAIEX slumped two percent to a fresh 18-month low due to weakness in the tech sector. And Airbus gets a vote of confidence from Singapore Airlines. Singapore's national carrier will order up to 25 A3XX super jumbo jets from Airbus in a deal worth more than $8.5 billion. The A3XX can hold 555 passengers and has been marketed as a hotel with wings. And that wraps up the trading day here in Asia. Back to you in New York, Deborah.</s>MARCHINI: Thank you, Michelle.
Asian Markets Ignore Apple Warnings and Follow Wall Street Higher