Crown Resorts Ltd. and Taiwan Semiconductor Manufacturing Co.

Taiwan Semiconductor Manufacturing Co.: Greentown China Holdings Ltd. plunged 12 percent after the developer said first-half profit may drop. Taiwan Semiconductor Manufacturing Co. slid 3.2 percent, the biggest drag on the regional index. Crown Resorts Ltd., an Australian gaming company, slid 3.9 percent after its rating was cut at Credit Suisse Group AG. Isuzu Motors Ltd. added 3.2 percent after the Japanese truckmaker reported higher-than-expected net income, according to Business Week. You d think they would move in tandem, but its going in the other direction, said Pauline Dan, Hong Kong-based head of greater China equities at Pictet Asset Management Ltd. Momentum traders and investors who are looking to take profit in the short term will use that as an excuse to sell and Asian stocks fell after a private gauge of Chinas services industries declined to a record low and as investors weighed company earnings. The Asia Pacific Index slid 0.7 percent to 146.92 at 6:30 p.m. in Hong Kong as five stocks fell for every one that rose. The measure added 0.1 percent yesterday after dropping 0.7 percent last week. Todays China services data came after a report last week showed the nations manufacturing industry expanded in July at the fastest pace in more than two years. (news.financializer.com). As reported in the news.