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Asia Market Update

Japan's Unemployment Rate Rises to 3.8%, Inflation Firm at 3.3%
Aug 29, 2014 10:47 AM ET
Stocks in Japan closed lower and the Topix declined 0.6% in the week and fell 0.9% in August. The yen slipped. Unemployment rate in July increased to 3.8%, core consumer price index was unchanged at 3.3% and industrial production declined 0.2%. >>

Topix Extends Weekly Loss; Toyota, Honda and Nissan Production Rise
Aug 28, 2014 12:14 PM ET
Stocks in Japan declined and extended weekly losses. Narendra Modi, Prime Minister of India is scheduled to visit Japan with a delegation of eighteen billionaires. Toyota, Honda and Nissan report mix domestic sales but worldwide production rises. >>

Fedders Lloyd Plunged 20%, Jindal Saw in $100 M U.S. Acquisition
Aug 28, 2014 8:56 AM ET
Fedders Lloyd net plunged 64%. Indraprastha Gas acquired a stake in Maharashtra Natural Gas. Jindal Saw plans to acquire PSL North America for $100 million. Tata Motors challenge the Competition Commission of India. >>

Yen in Tokyo Eases for 3rd Day, Nikkei Rises
Aug 27, 2014 3:19 AM ET
Stocks in Tokyo closed higher and the yen eased for the third day in a row. Central Japan Railway sought a 9 trillion yen plan approval for high speed trains between Tokyo and Nagoya by 2027. >>

Canara Bank to Split Stock; SBI Lowers Mortgage Rate
Aug 27, 2014 8:55 AM ET
Canara Bank dropped after announcing a stock split for 5-for-1. Supreme Court ordered DLF to pay Rs 630 crore within three months. Infosys maintained revenue growth for the year. SBI reduced its home loan by 0.15%. Venus Remedies in a partnership with Teva. >>

Market Indexes in Japan Inch Closer to Erasing Yearly Losses
Aug 26, 2014 10:29 AM ET
The Topix and Nikkei indexes in Tokyo declined and the yen eased after rising for two weeks in a row. Nikkei slipped 0.6% and the Topix eased 0.5%. E-Seikatsu, the cloud services provider said quarterly net surged. >>

Suzlon Energy Plans $700 M Bond Offering, Havells to Split Stock
Aug 26, 2014 9:00 AM ET
Havells India surged after announcing a stock split for 1-for-5. L&T signed a contract in Bangladesh for Rs 1,210 crore. Suzlon Energy plans to raise Rs 4,000 crore through the foreign currency convertible bonds. Shree Cement net dropped. Tech Mahindra gained on higher outlook. >>

Supreme Court Deems Coal License Illegal in India
Aug 25, 2014 9:15 AM ET
Alstom T&D India secured a contract worth 400 million from Power Grid Corporation of India. Ashoka Buildcon won projects worth Rs 863.3 crore from Bihar Power Distribution. Jindal Steel plunged 14% after Supreme Court ruled coal block allocation since 1993 illegal. >>

Topix in Tokyo Extends 2-week Gains, Chugai Pharma Drops 9%
Aug 25, 2014 9:12 AM ET
Market indexes in Tokyo extended two-week gains and the Topix index is close to erasing its loss in the year-so-far. Chugai Pharma dropped 9% after Roche decided not to bid for the remaining 40% stake. Press Kogyo reported better than expected sales. >>

Largest Weekly Loss in Yen Since March
Aug 22, 2014 10:46 AM ET
Stocks in Tokyo closed lower and for the week the Nikkei index gained 1.5%. The yen weakened and construction companies led the market decline. The yen registered the largest weekly loss since March. >>

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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