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February 7, 2022
EconoTimes is a fast growing non-partisan source of news and intelligence on global economy and financial markets, providing timely, relevant, and critical insights for market professionals and those who want to make informed investment decisions.
February 6, 2022
The Saudi Arabian Public Investment Fund (PIF) has announced that it has acquired a minority stake in Japanese publisher Capcom, known for the Resident Evil, Monster Hunter, The Devil May Cry, and Street Fighter franchises, Bloomberg reports.
February 4, 2022
RIYADH: Saudi Arabia's Public Investment Fund disclosed stakes of more than 5 percent in two Japan-listed gaming firms, with combined holdings worth around $1.2 billion, Bloomberg reported. The PIF, as it's known, have stakes in Capcom Co., the maker of the Street Fighter and Resident Evil franchises, and online games provider Nexon Co. PIF’s stake in Capcom is worth about
January 26, 2022
Japanese gaming firms, which are generally less agile and outward-looking than their U.S. peers, may struggle as companies invest in the metaverse.
January 24, 2022
/PRNewswire/ -- The latest market research report, "Arcade Gaming Market by End-user, Type, Genre, and Geography - Forecast and Analysis 2021-2025" by...
January 19, 2022
Rokas Tenys/Shutterstock Sony's market value dropped $20 billion in a single day after its shares lost almost 13% in Tokyo. The stock fell aft...
January 19, 2022
Sony Group Corp shares fell 13 percent in Tokyo yesterday, their biggest drop since October 2008, after PlayStation rival Microsoft Corp announced a US$69 billion deal to acquire games publisher Activision Blizzard Inc. The blockbuster acquisition escalates Microsoft’s spending spree to secure intellectual property assets for its Xbox Game Pass service, wiping US$20 billion off Sony’s valuation. The push to attract paying subscribers with an overwhelming portfolio of games challenges Sony�...
January 14, 2022
Hackers targeted major auto parts manufacturer Denso Corp. in a ransomware cyberattack in late December, but company officials said the incident has not affected business operations.
January 13, 2022
Nintendo Switch’s “Kirby and the Forgotten Lands” release data and trailer is now out, which flaunted its new features, and co-op gameplay.
December 17, 2021
Target made a delivery mistake. But, instead of taking the Nintendo Switch units back, the retailer decided to give them to the lucky granny as an early Christmas gift.