- Hope move to have a useful effect on market's current stressful conditions

Asian Macro sector headlines

• Today 01:59am
  Asian Market Update: Asian bourses unable to sustain US gains yet again, RBNZ cuts by 150bps and prepared to slash more, US futures sink on GM credit downgrade as outlook for carmaker bankruptcy risesmore...
  
• Today 01:25am
  (CH) PBOC's Zhou: Will take neccessary, pre-emptive actions to fight global crisis- Notes that China will prepare for 'worst case scenario' - US must take measures to stop credit crisis contagion more...
  
• Today 01:12am
  (CH) Article in the Australian Financial Review comments on China's slowing growth- The article cites research from Citigroup's Head of China Research who notes that Western observers may be more...
  
• Today 01:04am
  *(ID) INDONESIAN CENTRAL BANK CUTS BENCHMARK RATE 25BPS TO 9.25% FROM 9.50% (UNEXPECTED)- Says 2009 inflation could be at lower end of forecast - Central bank will continue supporting Rupiah
  
• Today 00:47am
  (TH) Moody's cuts Thailand credit ratings outlook to negative from stable