China's Shanghai Composite index finished in negative turf late Wednesday, as investor confidence remained frail.» Read More
TOKYO, July 30- Nikkei share average rose sharply on Thursday to a near one-week high as investors in export focused firms took heart from the Federal Reserve's upbeat assessment of the U.S. economy, and strong earnings posted by blue-chips like Hitachi and Nintendo. Hitachi Ltd jumped 6.5 percent after its pre-tax profit soared 23.2 percent to 142.6 billion...
*Panasonic tanks after missing expectations. TOKYO, July 30- Japan's Nikkei share average rose briskly on Thursday morning to break a four-day losing streak after the U.S. "The Fed's outcome was ideal for the stock market," said Hiroichi Nishi, general manager at SMBC Nikko Securities, adding that market also takes comfort from Chinese shares which he said were...
TOKYO, July 29- Japan's Nintendo Co Ltd on Wednesday booked a profit for the April-June quarter, defying market expectations for a loss due to a weaker yen and strong sales of its "amiibo" figurines which are sold as accessories to its popular games. Nintendo swung to a first-quarter operating profit of 1.1 billion yen from a loss of 9.5 billion yen a year earlier.
GENEVA, July 24- The World Trade Organization finalized a list of 201 information technology products to be freed from import tariffs in a $1.3 trillion deal on Friday, but said it was still short of the critical mass of countries needed to put it into force. Removing tariffs on trade worth $1.3 trillion is expected to give a $190 billion boost to the world economy.
GENEVA/ WASHINGTON, July 24- World Trade Organization members met in Geneva on Friday trying to finalise a deal to cut tariffs on $1 trillion of information technology products from video games to medical equipment. The United States said a deal had been struck, but WTO Director General Roberto Azevedo postponed a press conference at which he and the talks'...
Technology manufacturers like General Electric Co, Intel Corporation, Texas Instruments Inc, Microsoft Corp and Nintendo Co are among companies expected to benefit from the deal. "That definitely impacts Intel and that's important but also as important are the other technologies that it covers that were not even dreamt of when the original ITA was...
Asian equities were mixed on Wednesday, with Shanghai stocks widening losses despite better-than-expected Chinese gross domestic product data.
TOKYO, July 13- Nintendo Co Ltd Chief Executive Satoru Iwata died of cancer on Saturday, months after he led the Japanese video-game maker's belated entry into mobile gaming following years of declining sales. The death of the hands-on CEO and president, announced by Nintendo on Monday, comes at a critical time for the company which is betting that its new...
Asian equity markets ended mostly higher on Monday on optimism that European officials will soon agree on a third bailout deal for Greece.
*Iwata dies from growth in bile duct- Nintendo. TOKYO, July 13- Nintendo Co Ltd Chief Executive Satoru Iwata died after a long illness, the company said on Monday, months after he led the Japanese video-game maker's belated entry into mobile gaming following years of declining sales. Iwata resisted the move to smartphones for fear of cannibalising Nintendo's...
*Iwata died from growth in bile duct- Nintendo. TOKYO, July 13- Japanese videogame maker Nintendo Co Ltd's chief executive and president, Satoru Iwata, died on Saturday due to a growth in his bile duct, the company said. Iwata has been a director at Kyoto- based Nintendo since 2000, and was appointed president in 2002. He has also acted as CEO of the U.S. unit since 2013..
CNBC compiles a list of the 10 most-anticipated video games to be released for the next holiday season.
The holiday season could be another chance for Microsoft's Xbox to reclaim the title of the industry's best selling video game system.
Whether he's into gadgets, grilling or fly fishing, subscription boxes are a gift-giving strategy for those hard-to-shop-for dads.
MSCI's decision to delay the inclusion of China-listed shares in its emerging market index weighed on mainland markets on Wednesday.
*Nintendo rises after BOFA Merrill Lynch hikes rating. *Truck makers fall after Citi cuts ratings. "Money is fleeing from advanced markets including Japan, the U.S. and Europe, so more selling is possible," said Eiji Kinouchi, chief technical analyst at Daiwa Securities.
After years of downplaying and denigrating the mobile market, Nintendo may be doubling down on it.
Equity markets in Shanghai and Japan outperformed the region with marginal gains on Wednesday.
The Shanghai Composite clinched a fresh seven-year high on Friday, while markets in Japan edged up to finish at their highest levels in 15 years.
Nintendo may have just made the greatest hire in the history of hires.