Investors are paying close attention to this reporting season which will give insights into how profitability is holding up following the tax hike.» Read More
*Nintendo planning lower-priced console for new markets. TOKYO, May 8- Nintendo Co Ltd plans to introduce a new gaming system for emerging markets such as China as early as next year, as the company hunts for fresh opportunities after the flop of its Wii U console.
Asian shares rebounded on Thursday following the previous day's sharp sell-off as investors await trade figures from China.
*Nintendo planning console for lower-income gamers. TOKYO, May 8- Nintendo Co Ltd plans to introduce a new kind of games console and software for emerging markets as early as next year, to capitalise on higher entertainment budgets amidst a growing middle class, its chief executive told Reuters on Thursday.
Federal Reserve chief and upbeat Chinese data improved sentiment, while Nintendo pared early losses after its chief said it will plan to launch a console for emerging markets. Hit by a wider-than-expected loss, Nintendo Co dropped as much as 5.6 percent to 10,070 yen, its lowest since June 2013, before recovering and ending down 0.7 percent at 10,595 yen.
TOKYO, May 8- Nintendo Co Ltd Chief Executive Satoru Iwata said on Thursday he plans to introduce a new kind of games console and software for emerging markets as early as next year, rather than launch existing hardware such as its Wii U or 3 DS.
*Nintendo tumbles to lowest since June 2013. *Toyota, Takeda to report earnings later in the day. Nintendo Co fell 5.6 percent to 10,070 yen, its lowest since June 2013, after posting a 46.4 billion yen operating loss for the year ended in March.
OSAKA, May 7- Japan's Nintendo Co Ltd ended the last business year by booking its third straight loss, but said a series of new video games such as " Mario Kart 8" would revive sales and return it to profit.
TOKYO, May 7- Japan's Nintendo Co Ltd on Wednesday said it expects to return to profit in the current business year after three straight years of losses, helped by a series of new video games for its Wii U console.
Asian equities were sharply sold off on Wednesday on mounting concerns that Ukraine was on the brink of a civil war.
Asian markets will have to contend with Chinese economic data for April alongside a slew of central bank policy decisions across the region in the week ahead.
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Asian shares fell on Monday with the absence of a lead from Wall Street last week due to the Easter holidays.
Asian stocks ended mixed on Wednesday in a choppy session with activity subdued ahead of Friday's Easter holidays.
Reddit, majority owned by Conde Nast parent Advanced Publications, last month rolled out a new feature that lets users of the nine-year-old site post live updates, allowing them to report in real time.
Asian shares were mostly higher on Monday as traders closed out of positions before the end of the quarter.
March 27- Video game retailer GameStop Corp, forecast full-year earnings below market expectations as it is yet to see an uptick in sagging video game software sales, despite robust hardware sales driven by the launches of Microsoft's Xbox One and Sony's PlayStation 4 consoles.
GameStop shares fell as much as 9.3 percent in morning trading on Thursday, making the stock one of the top percentage losers on the New York Stock Exchange.
Asian equities were mostly higher on Wednesday, rebounding after the previous day's losses, on hopes of fresh stimulus measures in Europe and China.
Asian stocks rose on Monday after weak Chinese data raised hopes of fresh monetary stimulus.
Asian shares were mixed on Wednesday due to caution over the Federal Reserve's policy meeting and the health of China's property market.