Asian markets up after US rallyBS Reporter / Mumbai December 31, 2008, 0:26 ISTAsian markets are up on Wednesday morning after smart gains in the US on Tuesday. The Nikkei is up 1.3% to 8860 points, and Hang Seng has advanced 1.4% to 14,439 points. South Korea is up 0.62%, while Taiwan has advanced 0.2%. Singapore is down 0.2%.