Asian stocks ended mixed on Wednesday in a choppy session with activity subdued ahead of Friday's Easter holidays.» Read More
TOKYO, Jan 8- Japan's Nikkei soared on Wednesday after strong trade data in the United States boosted risk appetite, with traders seeing buying from foreign pension funds, while Nintendo Co Ltd jumped after China temporarily lifted a ban on selling game consoles.
Just how much of a boost will foreign game-makers like Sony, Nintendo and Microsoft get from the China market? CNBC's Julia Wood reports.
*Nintendo jumps on China easing ban. *Mitsubishi Motors sag to 2- week low on dilution fears. TOKYO, Jan 8- Japan's Nikkei share average rose on Wednesday morning to recoup some of the losses posted earlier in the week after strong trade data in the U.S. boosted risk appetite, and convenience store operators soared on strong earnings.
China video game mkt third-largest by revenue, worth $14 billion. BEIJING, Jan 7- China has temporarily lifted a 14- year-old ban on selling video game consoles, paving the way for Sony Corp, Microsoft Corp and Nintendo Co Ltd to enter the world's third largest video game market in terms of revenue.
Asian stocks ended mixed on Tuesday as weak U.S. economic data and caution ahead of this week's key risk events weighed on sentiment.
BEIJING, Jan 7- China's State Council said it has temporarily lifted a ban on selling foreign video game consoles, paving the way for firms like Sony Corp, Microsoft Corp and Nintendo Co Ltd to enter a nearly $14 billion dollar market.
Asian stocks rose on Friday as Japan's Nikkei index logged a fresh six-year high on the back of a weak yen.
New game consoles from Sony and Microsoft are sold out in many stores, a hint that the business is turning into a two-horse race. The NYT reports.
Asia stocks were mostly higher on Thursday after the Fed unveiled a cut in stimulus and vowed to keep rates low but China underperformed on liquidity fears.
SAN FRANCISCO, Dec 13- The startup Oculus VR has raised $75 million to market its virtual-reality headset for video games, hoping to attract consumers who have shied away from such products in the past. Irvine, California- based Oculus raised the sum in a round led by Silicon Valley investor Mark Andreessen of venture capital firm Andreessen Horowitz.
Sellouts of the systems aren't surprising, but that they have essentially the same sales numbers is a bit unexpected.
Asian stocks declined on Wednesday following a weak handover from Wall Street and as investors showed little reaction to news of a U.S. budget deal.
The media and sports agent rivals this year derisively dubbed Jay Z the "Rookie" after he signed Yankees second baseman Robinson Cano. No more.
Asian equity markets were mixed on Wednesday with Japan leading losses on profit-taking while Chinese shares rallied on news of financial reforms.
Dec 2- Akamai Technologies Inc said it will spend about $370 million to acquire Prolexic Technologies Inc, a pioneer in fighting distributed denial of service attacks, cyberthreats that cripple networks by overwhelming them with Internet traffic.
Dec 2- Akamai Technologies Inc said it will buy cloud-based cyber security provider Prolexic Technologies Inc for about $370 million to better defend its internet content delivery services from hacker attacks.
Mainland shares pared losses on Monday following a volatile session that saw it drop 1.6 percent on fears over reforms in the IPO market.
There's no one hot holiday toy this year, but parents have plenty of wow-worthy gifts to pick from.
SAN FRANCISCO, Nov 21- Microsoft Corp aims to upstage rival Sony Corp with a console that goes well beyond gaming and helps transform media viewing, a long-cherished but elusive goal. Yusuf Mehdi, chief marketing and strategy officer for Xbox, said preorders for Xbox One were running at twice the rate of 2005' s Xbox 360 but declined to elaborate.
Asia stocks rallied on Friday for a second straight session as investors cheered comments from Fed Vice Chair Janet Yellen.