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Analysis-Nintendo faces trade war test with Switch 2 launch

Analysis-Nintendo faces trade war test with Switch 2 launch

By Sam NusseyTOKYO (Reuters) -Nintendo’s Switch (NYSE:SWCH) became a source of much-needed escapism during pandemic restrictions. Now, the Japanese video game company faces the harsh reality of a brutal trade war as it launches its successor device. The Switch 2 is set to debut on June 5. That is eight years after the original Switch, which has sold 150 million units and disproved naysayers wh ...

2025-04-21 17:03:02
China cutting off new investments in U.S. private equity - report

China cutting off new investments in U.S. private equity - report

Investing.com -- Chinese state-backed funds are halting new investments in U.S. private equity, the Financial Times (FT) reported Monday, marking a fresh escalation in the country’s response to President Donald Trump’s trade offensive.The report said several large Chinese investors have recently stopped committing capital to funds managed by U.S.-based private equity firms, a move driven by pr ...

2025-04-21 17:00:14
Indonesia stocks lower at close of trade; IDX Composite Index down 0.30%

Indonesia stocks lower at close of trade; IDX Composite Index down 0.30%

Investing.com – Indonesia stocks were lower after the close on Monday, as losses in the Infrastructure, Financials and Agriculture sectors led shares lower.At the close in Jakarta, the IDX Composite Index declined 0.30%.The best performers of the session on the IDX Composite Index were Hotel Fitra International Tbk PT (JK:FITT), which rose 34.55% or 38.00 points to trade at 148.00 at the close ...

2025-04-21 16:57:45
Japan stocks higher at close of trade; Nikkei 225 up 0.72%

Japan stocks higher at close of trade; Nikkei 225 up 0.72%

Investing.com – Japan stocks were higher after the close on Friday, as gains in the Real Estate, Banking and Textile sectors led shares higher.At the close in Tokyo, the Nikkei 225 added 0.72%.The best performers of the session on the Nikkei 225 were Chugai Pharmaceutical Co., Ltd. (TYO:4519), which rose 17.54% or 1,243.00 points to trade at 8,328.00 at the close. Meanwhile, Sumitomo Dainippon ...

2025-04-19 02:23:26