-- Shares of videogame giant Nintendo Co Ltd (TYO:7974) fell sharply on Monday after Bloomberg reported that the firm intended to delay a follow-up to its wildly successful Switch console to 2025 from 2024. Bloomberg reported that Nintendo was advising some videogame publishers to not expect the new console until at least March 2025, marking...
TOKYO (Reuters) - Nintendo shares fell 6% on Monday after reports by games media and Bloomberg that its next-generation console will be delayed until early 2025 from later this year. While Nintendo has not commented on plans for a successor device beyond saying that it is always working on new hardware and software, the Kyoto-based...
By David Shepardson WASHINGTON (Reuters) -U.S. President Joe Biden\'s administration is set to ease proposed yearly requirements through 2030 of its sweeping plan to aggressively cut tailpipe emissions and ramp up electric vehicle sales, two sources told Reuters on Sunday. Automakers and the United Auto Workers had urged the Biden administration to slow the proposed...
By Scott Murdoch and Sameer Manekar (Reuters) -Australian diversified investor Seven Group Holdings has offered A$1.9 billion ($1.24 billion) to take full control of building products group maker Boral (OTC:BOALY) in a bet Australia\'s infrastructure spending boom will be maintained in coming years. Seven Group, headed by billionaire Kerry Stokes and his family, already owns...
-- Most Asian stocks kept to a tight range on Monday, tracking weakness in Wall Street as stronger-than-expected inflation data fueled more fears of higher-for-longer U.S. interest rates. Wall Street indexes fell on Friday after data showed U.S. producer price index inflation grew more than expected in January. The reading, which came just days after...
BEIJING (Reuters) - Chinese electric vehicle giant BYD (SZ:002594) on Monday launched a new version of its plug-in hybrid sedan Qin Plus DM-i with a lower starting price, doubling down on price cuts to stay competitive in the world\'s largest auto market. The new model goes for a starting price of 79,800 yuan ($11,090), down...
Investors buy stocks for various reasons.Here are some of them:Capital appreciation,which occurs when a stock rises in priceDividend payments,which come when the company distributes some of its earnings to stockholdersAbility to vote shares and influence the company Why do companies issue stock? Companies issue stock to get money for various things,which may include:Paying off debtLaunching...
In October 2023,the current bull market turned one year old,and as Ken Fisher shared in his video recapping 2023 and summarizing his 2024 outlook,bull markets that reach one year almost always make it to two.We think 2024 likely proves no exception.Why?Fundamentally,we believe stocks move most on the difference between expectations and reality.So when thinking about...
The FTSE 100’s gradual advance from its mid-January low at 7,403 accelerated to the upside on Friday amid rallying luxury good stocks and general risk-on sentiment with the index gaining 1.4%. Monday morning is likely to be quieter, though, as the economic calendar looks pretty empty ahead of this week’s US Federal Reserve (Fed) and...
In 2023, the global crypto industry continued to navigate through volatility, facing uncertain macroeconomic environments and regulatory challenges. LEEDXS demonstrated unwavering commitment and a spirit of continuous innovation. The platform not only made significant upgrades to its technical architecture and service systems but also consistently promoted digital financial education for global users. By implementing innovative...