The Top Stocks to Watch in Asia Today

The video discusses Nissin Foods, a well-known Japanese company famous for its cup noodles, and its role in helping the Bank of Japan achieve its inflation target by raising prices. The rising costs of raw materials and transport are highlighted as reasons for this price increase. The video also touches on athlete endorsements and the financial forecasts of the company, including a significant cut in net income forecast due to issues in US and Australian operations. The video concludes with a market watch for Japan trade.

What is the primary reason Nissin Foods is raising the price of its cup noodles?

• To help the BOJ achieve its inflation target

• To compete with other noodle brands

• To expand their market share

• To increase their profit margins

Who is Mr. Curry in relation to the uncooked noodles?

• A retired chef

• The first athlete to endorse them

• A famous food critic

• The second athlete associated with them

What major financial decision did the company make in the third section?

• Launched a new product line

• Increased their investment in US oil

• Cut their full-year net income forecast by 96%

• Expanded their Australian coal mining operations

What was the impact on the company's shares after the financial update?

• Shares rose significantly

• Shares remained stable

• Shares fell and could become sells

• Shares were unaffected

What was the reason given for the company's financial forecast cut?

• Increased competition in the market

• A write-down in US oil development and Australian coal mining

• A decline in consumer demand

• Rising costs of raw materials