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Asia Market Update

Nikkei in Tokyo Drops 0.8%, Nidec Surges on Buyback Plan
Jan 23, 2014 12:18 PM ET
Nikkei in Tokyo fell 0.8% following Asia-wide sell-off after a private survey indicated a contraction in manufacturing growth in China. The yen traded near its 2-year low. Nidec gained 6% after the company raised its full-year net income outlook and launched a buyback program. >>

India Movers: Amara Raja, Biocon, Bharti Infratel, L&T, Raymond
Jan 23, 2014 12:25 PM ET
Amara Raja net sales and profit climbed. Biocon net jumped 14%. Bharti Infratel profit surged 62%. Finolex Cables won an order of Rs 200 crore. KPIT Tech net declined 9%. L&T net soared 11%. Raymond profit surged. >>

Bank of Japan Leaves Monetary Stimulus Intact, Inflation Accelerates
Jan 22, 2014 10:07 AM ET
The Bank of Japan kept its annual plan to pump between 60 trillion yen and 70 trillion yen intact and left its inflation outlook unchanged. The accompanying statement after a 2-day meeting noted the impact of April sales tax increase on the economy. >>

India Movers: Dabur Net Surges, Colgate Struggles; HDFC Net Up 12%
Jan 22, 2014 8:34 AM ET
Ashok Leyland net swung to a loss. Colgate net rose 2% and operating profit margin declined 17%. Dabur net climbed 15% on 17% increase in sales. HDFC net jumped 12%. M&M net plunged 16%. Torrent profit surged 41%. Thermax net declined 13%. Zee net jumped 10%. >>

Yen Slides, NEC Sells Biglobe
Jan 21, 2014 11:44 AM ET
Stocks in Tokyo gained as the yen continued its slide towards 105 level. Cosmo Oil signed an agreement with Spain based CEP to develop natural gas fields. NEC agreed to sell its Internet service provider service Biglobe for 70 billion yen. >>

India Movers: Asian Paints and Kotak Mahindra Net Drops
Jan 21, 2014 10:04 AM ET
Asian Paints net fell 2% and revenue climbed 13%. Century Ply net swung to a profit. Emami third-quarter net climbed 31% on 7% increase in sales. Jet Airways starts daily Mumbai-Paris flight from May 14. Kotak Mahindra dropped after net declined 6%. >>

Yen in Focus, Nintendo Plunges 6%
Jan 20, 2014 4:54 AM ET
Stocks in Tokyo closed lower and the yen extended losses after China reported slower but healthy economic growth and strong fixed assets investment and retail sales. Nintendo plunged 6% after the video game maker lowered its Wii Uís yearly sales by more than two-thirds. >>

India Movers: Wipro Net Edges Up 4%, UltraTech Net Plunges 38%
Jan 20, 2014 9:36 AM ET
Dewan Housing net climbed 52%. Kajaria Ceramics net jumped 16%. PTC India net surged more than three-fold. Subex won five new customer deals worth $10 million. UltraTech Cement net plunged 38%. Vakrangee profit soared 56%. Wipro net increased 4%. >>

Tokyo Indexes Drift Lower
Jan 17, 2014 12:25 PM ET
Stocks in Tokyo traded mixed and market indexed fell 0.9% in the week. Foreign investors sold a net 287 billion yen of Japanese stocks in the week ending on Jan 10, Ministry of Finance reported today. Nintendo dropped on weak outlook. >>

Reliance Industries and Tata Consultancy Report Record Profits
Jan 17, 2014 9:00 AM ET
HDFC Bank net surged 25%. Hindustan Zinc net jumped 7%. ITC net soared 16.3%. MindTree plunged after net declined 31%. Reliance net rose 0.2% to $0.9 billion and revenue jumped 10% to $17.2 billion. TCS net surged 15%. >>

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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