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Tencent’s US$232b rally triggers frenzy in shares, options
HONG KONG: Hong Kong’s equity traders can’t get enough of Tencent Holdings Ltd., the $930 billion giant that’s on pace for its biggest ever monthly gain.
Gaming sector, numbers forecast operators might take hit from MCO
DUE to the second movement control order (MCO 2.0), gaming and numbers forecast operators (NFOs) will see hits to their earnings for financial year 2021 (FY21), say financial analysts.
NFO earnings resilient, likely to bounce back
PETALING JAYA: The reintroduction of the movement control order (MCO) in several parts of the country will see about half of the numbers forecast outlets (NFOs) shut during that period, but analysts are still positive on the sector.
EU anti-terror czar: Video games are ‘under-regulated’
Online video games can be used to propagate extremist ideologies and even prepare attacks, the EU’s anti-terrorist coordinator told AFP in an interview in which he urged more regulation.
RHB keeps Magnum as top sector pick on resilient sales
KUALA LUMPUR: RHB Research continues remains bullish on Magnum Bhd as its top gaming sector pick on the back of resilient lottery ticket sales.
New Xbox hits stores, launching holiday season console war
Microsoft's new Xbox console hit stores worldwide on Nov 10, kicking off a holiday season battle with Sony's latest PlayStation model, as the coronavirus pandemic creates unprecedented gaming demand around the world.
A defining week ahead with US election, budget
NEXT week will be a busy week with the focus on the United States presidential election, which takes place on Tuesday, with heavy expectations that Democratic candidate Joe Biden will emerge winner with a convincing victory over the 45th US president, Donald Trump.
Defensive gaming sector looks a good bet
Number forecast operators strike the right note now
