Shanghai Skirts Asian Selloff

01/11/08 - 10:31 AM EST

Daniel M. Harrison

In other Asian markets, the Taiwanese Taiex lost 28 points, or 0.4%, to 8029, while the Korean Kospi dropped 42 points, or 2.3%, to 1782. In India, the Bombay Sensitive Index followed China's lead, rising 1.2% to 20,827, propelled by the week's domestic favorite ICICI Bank(IBN Quote - Cramer on IBN - Stock Picks), which jumped 3.5% to 1,356 rupees.

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Daniel M. Harrison is a business journalist specialising in European and emerging markets, in particular Asia. He has an MBA from BI, Norway and a blog at www.theglobalperspective.biz. He lives in New York.
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