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Nintendo Co is raising its target for Switch production to around 25 million units this fiscal year, as the ongoing Covid-19 pandemic keeps lifting demand and component shortages ease.
Nintendo Co’s profit blew past all estimates after Animal Crossing sales almost doubled and supply shocks eased, suggesting the Switch console will hold up well against new competition in the coming holidays.
KUALA LUMPUR: An Opposition MP has proposed for Petronas to be accountable to Parliament to ensure better checks and balances on its funds.
SINGAPORE (The Straits Times/ANN): Singapore's economy is set for a strong recovery next year after a deeper-than-expected slump amid the coronavirus pandemic, according to a report by the Asean+3 Macroeconomic Research Office (Amro).
BENGALURU: Investors stacked up bullish bets on most Asian currencies, a fortnightly Reuters poll found on Thursday, as worries the coronavirus pandemic is hobbling a nascent recovery in the U.S. economy clouded the dollar's outlook.
YANGON (Xinhua): Myanmar's domestic investment exceeded US$1.1 billion in the first 10 months of the present fiscal year (FY) 2019-2020, state-run media reported on Thursday (Aug 6)
TOKYO: Toyota Motor Corp posted a 98% plunge in its first-quarter operating profit on Thursday as the Covid-19 coronavirus pandemic halved it global sales.
MUMBAI: Of all the countries in the world, the disconnect between rallying global stocks and deteriorating data is probably the most pronounced in India.
TOKYO: Japan is considering extending a special employment subsidy to help firms hit by the coronavirus pandemic that would keep furloughed workers on the payroll, but no decision has been made yet, a labour ministry official told Reuters on Wednesday.