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Nintendo soars as Tencent wins Switch game approval in China

TOKYO: Nintendo Co shares jumped after China’s Tencent Holdings Ltd won approval to distribute one of the company’s games for its Switch console, a sign the Japanese company may benefit from growth in the world’s largest games market.

Genting Singapore shares slump on cash splash, hike in entry levies

SINGAPORE: Genting Singapore Ltd’s shares plunged to a three-month low on Thursday, after the casino operator unveiled a S$4.5 billion ($3.3 billion) expansion plan and the government said it would hike casino entry prices and taxes.

Resorts World Sentosa investing RM13.6bil

SINGAPORE: Resorts World Sentosa (RWS) is investing some S$4.5bil (RM13.57bil) for the development and transformation of its existing resort island in Sentosa.

Hello Kitty heads for Hollywood

LONDON: One of Japan’s most beloved cat cartoon characters is headed for Hollywood.

Nikkei ends flat as disappointing earnings erase earlier gains

TOKYO: Japan’s Nikkei ended nearly flat on Friday, as dismal results from firms such as Nomura Holdings and Nintendo trimmed earlier gains from upbeat earnings in other sectors and a stronger Wall Street finish.

Nintendo tops profit estimates

TOKYO: Nintendo Co topped quarterly profit estimates on holiday demand for Pokemon and Super Smash Bros games, but weak Switch demand forced the company to cut its shipment forecast for the gaming device.

Nintendo’s Fils-Aime hits back at analysts as stock declines

LOS ANGELES: Nintendo Co. executive Reggie Fils-Aime is fighting back against the view that the game maker is running out of surprises, a sentiment that has fueled the company’s worst stock rout in almost three years.

Nintendo investors seek answers

TOKYO: Nintendo Co suffered its biggest two-day drop in 18 months, befuddling analysts and sending investors scrambling to explain the sell-off.

Nintendo appoints new chief

TOKYO: Nintendo Co appointed Shuntaro Furukawa, a relatively young and unknown senior executive as its new president, after reporting that profits are on track to be the highest since 2010 after a year of solid Switch gaming machine sales.

Nintendo’s Q3 operating profit soars

OSAKA: Japanese video games maker Nintendo Co Ltd yesterday raised its full-year outlook and reported a jump in its third-quarter operating profit on strong demand for its new Switch games console.