Government Shutdown

Asia Surprised By US Government Shutdown

Some investors worried about how long the shutdown will last

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BANGKOK — Asian markets saw a modest selloff of stocks and dollars in Tuesday trading upon the partial shutdown of the United States government. 

Market players say news of the first U.S. government shutdown in 17 years did trim early gains on the Tokyo stock exchange, but the benchmark Nikkei managed to close 29 points higher, a gain of a fifth of a percent. Markets in Hong Kong and on the Chinese mainland were closed for a holiday, and South Korea's KOSPI rose one tenth of a percent.