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Asia Market Update

Japan Index Relapses 2% After Officials Question Nikkei Pension Report
Oct 21, 2014 1:11 PM ET
Market indexes in Tokyo fell back after a record one-day rally in more than a year. The yen gained and the government officials clarified that the pension fund has still not decided on the allocation plan, contradicting the Nikkei newspaper report a day ago. >>

Nikkei Soars 4% on Pension Fund Allocation Hopes
Oct 20, 2014 11:57 AM ET
Nikkie surged on speculation that the nationís pension fund of $1.2 trillion is set to double its allocation to stocks. Mitsubishi Heavy rolled out its region jet, the first plane made in Japan. Resona and consortium reached the second stage of bidding for consumer business business of Citigroup. >>

Nikkei Extends Weekly Plunge to 7.5%
Oct 17, 2014 11:08 AM ET
Stocks in Tokyo closed lower and extended weekly losses. Nikkei 225 Stock Average declined 1.4% and for the week plunged 7.5%. Daiwa House REIT reported revenues in the fiscal year increased 19% and net rose 20%. Japan Material Co rose on better sales outlook. >>

India Movers: GSFC, GRUH, Infosys, MindTree, TCS Profit Surge
Oct 16, 2014 1:02 PM ET
Cyient net surged 32%. GSFC profit climbed 23% on 5% increase of revenue. GRUH Finance net and revenues soared. Infosys net jumped 45%. MindTree net increased 6%. TCS profit and revenue climbed 13%. >>

Bajaj Finserv, Bajaj Finance, Symphony, Sintex Profit Climb
Oct 14, 2014 12:44 PM ET
Bajaj Finserv profit climbed 14%. Bajaj Finance net jumped 18% on 29% increase in revenue. IL&FS Engineering secured order worth Rs 1,232 crore from National Highways Authority of India. Liberty Shoes net climbed 25%. Symphony net and revenue surged. Sintex profit soared. >>

Topix in Tokyo Extends Loss to 7.7% in 2-week Plunge
Oct 10, 2014 10:37 AM ET
Market indexes in Japan declined for the second week in a row and the Topix index fell 3.1% and plunged 7.7% from the recent high on September 25. For the week, the Nikkei 225 declined 2.6%. The yen gained, first weekly rise since August. >>

Sensex Declines 1.3%, Infosys Profit Jumps 7%
Oct 10, 2014 9:39 AM ET
Aban Offshore secured two orders worth Rs 1,114 crore from ONGC. Cairn India plunged after second-quarter crude production declined 11% at Rajasthan fields. Infosys net climbed 7.3% on 5% jump in revenue. JSW Steel declined despite 11% increase in revenues. >>

Machine Orders in Japan Jump 4.7%
Oct 09, 2014 10:35 AM ET
Japanís machine orders increased better-than-expected 4.7% in August. Nikkei extended losses after the yen rebounded for the third day. Fast Retailing said annual net income dropped 27% but held out for higher sales and earnings in the current fiscal year. >>

Tamil Nadu Awards $1.3 B Power Plant Contract to BHEL
Oct 09, 2014 9:42 AM ET
Ahluwalia Contracts jumped after securing new orders worth Rs 178 crore. BHEL won $1.3 billion contract to set up thermal power project in Tamil Nadu. GVK Power secured an environmental clearance to build its coal project in Australia. IndiGo net declined 60%. >>

Japan's Current Surplus Falls in August
Oct 08, 2014 12:15 PM ET
Current account was in surplus for the second month in a row but fell sharply in August. However trade deficit in August was the record for the month on rising imports of liquefied natural gas. Toshiba Corp said it plans to discontinue its e-book reader business only after launching 18 months ago. >>



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Sources: Data collected by 123jump.com and Ticker.com from company press releases, filings and corporate websites. Market data: BATS Exchange. Inc