[Deborah Marchini, Cnn Anchor:] It's a holiday in Tokyo and Hong Kong today, but Deborah Wang's on duty and joins me live from Hong Kong, with a look at the Asian markets that did trade. Good morning Deborah.
[Deborah Wang, Cnn Correspondent:] Good morning, Deborah, to you. As the markets were closed here, the markets that were open were, for the most part, were buoyed by the strong GDP numbers out from the United States on Friday. The biggest winners were in Seoul, where tech stocks were scooped up across the board. The tech-heavy KOSDAQ picked up 4.85 percent, and the benchmark KOSPI firmed up 3.27 percent. But fears of a slowing economy dragged down the Weighted index in Taiwan. It fell 0.65 percent on relatively light volume. Taiwan's United Microelectronics, the second-largest contract chipmaker in the world, posted disappointing first quarter results late on Monday. It reported earnings of $196 million in the first three months of the year, down 13 percent from last year. In Manila, stocks continue to tumble, the Manila Composite falling through the key 1,400 level, to fresh six-month lows, down 2.92 percent. Mounting protests over the arrest of former-President Joseph Estrada dragged the index down for the third day running. If found guilty of all the graft charges against him, Estrada could face the death penalty or life imprisonment. And that's the business day here in Asia. Back to you, Deborah, in New York.
[Marchini:] Thank you.