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My concern is which market my listings will show to.
If I select "United States" on the sign up page of Overture, it means that my listings can only be seen by searchers located in the US; and if I choose "United Kingdom", "Germany", "France", "Japan", "Korea", my listings will only be shown to searchers in those countries. Is that true?
What should I do if I want to target, say the asian market, or the international market as a whole?
Any help will be appreciated.
You can target the Japanese market with an English page bidding on English keywords via Overture Japan. You probably won't get overwhelmed with traffic though ;) I would suggest Japanese language content and Japanese language keywords if you really want business from here.