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M&G is confident bullish trend in video game stocks to last
M&G INVESTMENT is just as confident about video game stocks as it was six months ago, even amid the rotation into value equities.
Japan shares end at over 29.5-year high as Nasdaq gains cheer tech stocks
TOKYO: Japanese shares closed at a more than 29-and-a-half-year high on Thursday, as tech shares tracked overnight advances on the U.S. Nasdaq, but worries over latest coronavirus restrictions at home hindering economic recovery capped gains.
Designing for the future
PETALING JAYA: It was Lemon Sky Animation Sdn Bhd’s (Lemon Sky Studios) swift action in investing in the right infrastructural upgrades that enabled it to transition quickly into operating remotely, resulting in only a minor productivity drop.
Clash of consoles: New PlayStation and Xbox enter US$150bil games arena
TOKYO/CHICAGO/STOCKHOLM: Think Michelangelo vs Da Vinci. Muhammad Ali and Joe Frazier. Batman v Superman. Another epic rivalry is rejoined next week when Sony and Microsoft go head-to-head with the next generation of their blockbuster video-game consoles.
Unity’s debut win ends IPO spree on high note
SAN FRANCISCO: Unity Software Inc, which makes software to design video games, jumped 31% in its trading debut, capping a week of big successes for newly public companies in the sector.
Nvidia nears deal to buy chip designer Arm for more than US$40b
NEW YORK: Nvidia Corp is close to a deal to buy British chip designer Arm Holdings from SoftBank Group Corp for more than $40 billion in a deal which would create a giant in the chip industry, according to two people familiar with the matter.
Investors overlook S-E Asia indexes because they lack tech stocks
SINGAPORE: As markets around the world piggyback on technology shares to ride a startling rebound from their pandemic lows, stock investors in South-East Asia are proving to be mere spectators.
Asian stocks erase 2020 loss
HONG KONG: Stocks in Asia-Pacific have dug their way out of a hole for the year as the global market recovery from the coronavirus continues to grind higher.
Tencent profit beats estimates on strong games demand
HONG KONG (Reuters) - Chinese gaming and social media giant Tencent Holdings Ltd said second-quarter net profit rose 37%, beating market estimates, on higher demand for its video games as coronavirus put a dent in other entertainment options.
Asia stay-at-home basket of stocks boosted by second virus wave
THE recent outbreak of a second wave of coronavirus clusters in Asia have given so-called "stay-at-home” stocks a fresh leg higher.
