Asia Archives - Page 29 of 119

2 minute read

Nintendo Boosts Nintendo Switch Sales Projection To 15.5M, Fueled By Mario Movie and Zelda Game

February 6, 5:05 AM

In a recent development, Nintendo has raised its sales forecast for the Nintendo Switch console to 15.5 million units for the current fiscal year. This announcement follows the company's strong performance in the December quarter.

NTDOY

2 minute read

McDonald’s To Expand China Presence With 1,000 New Outlets This Year, Says ‘Much On Track’ For 10,000 Mainland Restaurants By 2028

By Benzinga Neuro

February 6, 12:11 AM

The fast-food giant is looking to expand its presence in lower-tier cities, its second-largest market. This move is part of the company's strategy to tap into new markets as major cities like Beijing and Shanghai become saturated.

MCD

2 minute read

Activist Investor Presses Mitsui Fudosan To Offload Tokyo Disney Resort Operator Shares, Proposes $6.7B Buyback: Report

By Benzinga Neuro

February 5, 11:00 PM

Elliott Management, a U.S.-based investment fund, has been increasing its stake in Mitsui Fudosan, Japan's top property group, since last year. This has positioned Elliott as one of the developer's five largest shareholders, giving it the leverage to make these demands.

DIS

3 minute read

Alibaba Earnings: Can Q4 Earnings Provide Pivot Point For Beleaguered Investors?

By Neil Dennis

February 5, 2:01 PM

Alibaba co-founders Jack Ma and Joe Tsai have been buying shares in their company.

AMZN

3 minute read

China Market Rout Continues, With Small Caps Feeling The Pain Despite Beijing’s Intervention

By Neil Dennis

February 5, 9:58 AM

China pledges more support for the markets and bans exchanges from lending shares for short selling.

CHCJY

2 minute read

Asian Markets Close Lower, Europe Up, While Crude Oil And Gold Fall – Global Market Overview While The US Slept

By Akanksha Bakshi

February 5, 7:51 AM

U.S. stock markets closed higher on Friday, boosted by strong economic data and earnings. Asian and European markets show mixed trend.

ADIV

2 minute read

Tencent’s DnF Mobile Leads Market Revival with 2.9% Stock Surge After China’s Gaming Regulation Reversal

By Franca Quarneti

February 2, 3:01 PM

China's gaming regulator, the National Press and Publication Administration (NPPA), unexpectedly approved a new batch of 32 foreign video games, easing concerns in the market after the recent scrapping of a controversial g

NTDOY

2 minute read

Asia Market Mixed While Europe Climbs; Crude Oil Dips Below $75, Gold Above $2,070 – Global Markets Today While US Was Sleeping

By Akanksha Bakshi

February 2, 8:16 AM

U.S. stock markets close higher on anticipation of earnings reports and employment data. 10 S&P 500 sectors gain, led by consumer sectors.

AAPL

2 minute read

Japan Reportedly Boosted Efforts To Communicate Concerns To Trump Over China Deals That Could Destabilize Asia

By Benzinga Neuro

February 2, 5:30 AM

Japan has amplified its efforts to communicate with individuals close to Trump, given his recent victories in Republican primaries. This includes diplomatic dialogues with think tanks and ex-U.S. officials with ties to Trump, as well as endeavors to arrange a meeting with him.

NPSCY

2 minute read

Jim Cramer Expresses Concern Over Apple’s Performance In China: ‘Enough, It’s Terrible There’

By Benzinga Neuro

February 2, 1:25 AM

Despite the overall positive performance, Apple experienced a downturn in the Chinese market, which seemed to have alarmed investors.

AAPL