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Asia Market Update

Nikkei in Tokyo Slips, Japan Post Unveils Investment Plan
Feb 28, 2014 5:37 AM ET
Stocks in Tokyo edged lower and the Nikkei closed down 0.2% for the week and fell 0.9% in the month. Itochu, the first Japanese company took a stake in water utility in Spain. Japan Post unveiled an investment plan for the next three years. >>

Yen Advances 0.3%, Sony Electronics to Cut One Third Staff
Feb 27, 2014 11:32 AM ET
Stocks in Asia and in Tokyo were on the defensive as tensions rose in Eastern Europe and Russia prepared for a military exercise near a border with Ukraine. The edged up 0.3%. Sony Electronics, the U.S. based unit of Sony plans to cut 1,000 jobs. >>

Stocks in Tokyo Pause, Panasonic and Tesla in Battery Venture
Feb 26, 2014 9:31 AM ET
Stocks in Tokyo paused and investors focused on the yen weakness. Panasonic Corp soared after the company plans to build electric batteries for Tesla Motors Inc. The gained 0.3%. >>

India Movers: BHEL, Clariant Chemicals, CARE, Jindal Poly, Sanofi India
Feb 26, 2014 8:24 AM ET
BHEL secured a contract worth Rs 321 crore for hydro electric project in Punjab. Clariant Chemicals fell after net swung to a loss. CARE key shareholders struggle to sell their stakes. Jindal Poly Films net swung to a profit. Sanofi India net surged 107%. >>

Nikkei Gains 1.4%, Line Denies Stake Sale Talks with Softbank
Feb 25, 2014 11:02 AM ET
Stocks in Japan closed higher and the yen held firm following a rise in international markets in overnight trading. Honda Motor opened a new plant in India with investment of $600 million. Line in Japan denies media reports of stake sale talks with Softbank. >>

Broad Decline in Tokyo Indexes, Zeria Pharma Slumps 7%
Feb 24, 2014 10:24 AM ET
Stocks in Tokyo closed lower following general weakness in Asian markets. The yen gained and insurers and developers led the decliners in trading. Zeria Pharmaceutical dropped 7% after the company plans to raise as much as 18.7 billion yen in a public offering. >>

India Movers: CARE, DCM Shriram, ICRA, Pfizer, SKF India
Feb 24, 2014 9:16 AM ET
Anik Industries net jumped 9%. CARE declined after stakeholders rejected the sale bids. DCM Shriram board approves a stock buyback plan. ICRA surged after Moody''s offered to increase its stake to 55%. Pfizer climbed on restructuring plan. SKF India net surged 50%. >>

Nikkei Extends Weekly Gain to 3.9%, Osaka to Sell Rail Road to Nankai
Feb 21, 2014 12:22 PM ET
Stocks in Tokyo gained and for the week the indexes gained the best in the last three months. G20 finance ministers are scheduled for a weekend meeting and discuss the impact of U.S. Fed tapering plan on emerging markets currencies. >>

India Movers: Bharti Airtel, HCL Tech, IL&FS, Shree Renuka, Sandur
Feb 21, 2014 9:59 AM ET
Bharti Airtel expected to face $3 billion charge in Nigeria. HCL denied that founder is seeking to sell his $10 billion stake. IL&FS secured a road project worth $216.7 million in Spain. Shree Renuka tumbled after Singapore based Wilmar to acquire 27.5% stake for $200 million. >>

Nikkei Falls 2%, Japan Reports 19th Monthly Deficit in a Row
Feb 20, 2014 9:33 AM ET
Nikkei declined 2% after Japan reported 19th monthly trade deficit in a row on a surge energy imports. Weakening growth outlook in China also dragged market sentiment in Tokyo and Asia. Asahi Group estimated a fall in earnings on the impending rise in sales tax. >>



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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