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Asia Market Update

Volatile Nikkei Closes Higher, Japanese Machinery Orders Rise
Jan 16, 2014 11:28 AM ET
Stocks in Tokyo diverged and market indexes closed higher at close in a volatile trading session. Core machinery orders surged 9.3% in November. Mitsubishi Motors advanced 8% on 154% sales surge in China. >>

India Movers: Axis Bank, Bajaj Auto, HCL, KEC, LIC Housing, L&T
Jan 16, 2014 10:04 AM ET
Axis Bank net climbed 19% Bajaj Auto net soared 11%. HCL net jumped 6%. KEC Intl secured orders worth Rs 1,215 crore. LIC Housing Finance net surged 38%. L&T unit secured new orders for Rs 1,000 crore. >>

Indexes in Japan Rebound 2%; Hitachi and NTN Surge
Jan 15, 2014 12:37 PM ET
Stocks in Tokyo rebounded after the yen reversed its three-day advance. Market indexes jumped at least 2% after Topix dropped the most since August. Bearings makers and Hitachi Ltd jumped on earnings expectations. >>

India Movers: Bajaj, Coal India, McNally, RIL, Usha Martin, Yes Bank
Jan 15, 2014 8:44 AM ET
Bajaj Finance net surged 21% and revenue soared 31%. Bajaj Finserv net climbed 13%. Coal India declared special yearly dividend. McNally secured order for structural work. RIL plans to acquire stake of 11% in Petronas. Yes Bank net surged 21%. >>

Nikkei Plunges 3.1%, Record Current Account Deficit in Japan
Jan 14, 2014 12:30 PM ET
Nikkei index in Tokyo plunged 3.1% and the yen continued its slide after a 3-day market closure. Seasonally adjusted current account balance turned negative for the third month in a row in November. Investors extended purchase of dollar bonds for the fifth month in a row. >>

India Movers: CMC, Gujarat Apollo, Merck, NIIT, VA Tech Wabag
Jan 14, 2014 9:30 AM ET
CMC plunged as net jumped 5% but revenue was flat. Jay Bharat Maruti net surged 64%. NIIT Technologies net dropped 5% and revenue climbed 14%. VA Tech Wabag won Rs 250 crore order from Bangalore. >>

India Movers: Dishman, Exide, GMR Infra, GVK Power, NMDC, Tata
Jan 13, 2014 9:48 AM ET
Dishman Pharma plans to sell its China plant. Exide net declined 26% and revenue plunged 11%.GMR Infra expects revenue to grow modestly. GVK Power plans to sell stake in its airport business. NMDC said third-quarter production and sales rose. Tata Steel sales jumped 9%. >>

Weekly Drop of 2.3% in Tokyo
Jan 10, 2014 11:01 AM ET
Nikkei index in Tokyo gained 0.2% and fell 2.3% in the week. The yen traded near 105 against the U.S. dollar. Investors await structural reforms announcement from the government. >>

India Movers: Goa Carbon, MTNL, Reliance, Va Tech Wabag
Jan 10, 2014 10:01 AM ET
IndusInd Bank net surged 30% as non-performing assets jumped to 1.2%. MTNL declined despite Union Cabinet clearing spectrum refunds. Reliance said gas production at KG-D6 fields increased 15%. Va Tech Wabag secured order worth $40 million from Tanzania. >>

Volatile Nikkei Falls 1.5%, Fast Retailing Net Surges 8.8%
Jan 09, 2014 11:23 AM ET
Nikkei index slipped 1.5% and the yen dropped below 105 against a dollar. Fast Retailing said net income in the fiscal first quarter increased more than expected 8.8% on higher international sales. >>

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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