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Asia Market Update

World Markets Slide; Google to Pay $6 Billion for Groupon
Nov 30, 2010 4:14 PM ET
Stocks traded lower as investors focused on the rising sovereign debt yields in Europe. The dollar gained against the euro and gold closed higher. Google Inc is said to be nearing its largest deal to acquire online coupon marketer Groupon Inc for $6 billion. >>

India Movers: DB Realty, Dewan Housing, Geometric Ltd, REC and Suzlon
Nov 30, 2010 3:52 PM ET
Stock in Mumbai rose. Dewan Housing Finance is expected to acquire Deutsche Postbank Home Finance for $240 million. Ispat Industries gained 2.2% on a speculation that ArcelorMittal may acquire a stake in the trading company. >>

India's GDP Expands at 8.9%
Nov 30, 2010 6:15 AM ET
Stocks in Mumbai responded to faster than anticipated economic growth in the quarter to September. Finance Minister Mukherjee revised fiscal year economic growth outlook to 8.75%. India threatens to cancel telecom licenses of 85 companies that were either ineligible or are still not in operation. >>

Hong Kong, Shanghai Indexes Drop Ahead of Liquidity Measures
Nov 30, 2010 5:52 AM ET
Stocks in Shanghai and Hong Kong faced heavy selling pressure ahead of widely anticipated tighter liquidity measures next week. Bank lending is ahead of national target and policy makers are worried of rising inflation. Banks and property developers led the decliners. >>

Japan Tracks International Losses; Weak Regional Outlook
Nov 30, 2010 5:21 AM ET
Stocks in Tokyo fell sharply tracking the losses in the European markets and a rise in the dollar. Housing starts rose in October and unemployment rose for the first time in four months. Regional assessment led to the downgrade of 9 of the 11 regions. >>

U.S. Stocks Rebounds From 1% Loss; European Markets Down 2%
Nov 29, 2010 4:07 PM ET
U.S. stocks rebounded from the loss of more than 1% on better than expected retail sales. Euro declined as investors fear widening debt contagion in Europe after Ireland bailout. Commodities closed higher and crude oil, copper and gold edged up. >>

India Movers: BGR Energy, GMR, Ranbaxy and Videocon
Nov 29, 2010 5:30 AM ET
Stock in Mumbai gained. BGR Energy surged 21% after management clarified its position on bank loan scam investigation. The Shipping Corporation of India set the price range for its secondary offering. GMR agreed to sell U.S. based InterGen for $1.23 billion. >>

Shanghai Focuses on Inflation; Hong Kong Indexes Rise
Nov 29, 2010 6:27 AM ET
Stocks in Shanghai declined on the worries of accelerating inflation and in Hong Kong rose tracking optimism related to the U.S. holiday sales. China Huaneng Group Corp and Chongqing Rural Commercial Bank plan HK initial public offerings totaling $3.73 billion. >>

Nikkei Gains, Retail Sales, Domestic Passenger Car Output Decline
Nov 29, 2010 5:15 AM ET
Stocks in Japan closed higher and the yen weakened after a rally in Asian markets. October retail sale declined and domestic passenger car production declined in the month. The Government Pension Investment Funds gained int eh September quarter after falling for two quarters in a row. >>

India Movers: Adani, Money Matters, HCC, Jet Air
Nov 26, 2010 6:34 AM ET
Stock in Mumbai plunged for the second day as regulators widen loan scandal probe. Banks declined more than 5%. Bank of India gained 2.9% after positive comments on loan procedures. Jet Airways plunged 7.1% after aviation minister warned against sudden fare increase. >>



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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