Japan stocks higher at close of trade; Nikkei 225 up 0.55%

Japan's stock market rose, led by Marine Transport, Steel, and Communication sectors. The Nikkei 225 gained 0.55%, with notable performances from Sumitomo and Sony, while crude oil prices fell.

Inflation drives bargain hunt among Black Friday shoppers

Nintendo Switch software to be playable on successor device

Nintendo confirms upcoming console will support Switch games, enhancing backward compatibility to encourage consumer transition amid declining hardware sales.

Nintendo cuts annual profit forecast 10% as Switch sales slow

Nintendo reduced its profit forecast for March 2025 by 10% due to declining Switch sales, with a potential new console announcement delayed.

Saudi fund sees lifting stakes in Japanese game firms a 'possibility', Kyodo reports

PIF considers increasing investments in Japanese gaming firms like Nintendo, emphasizing friendly investment approaches without rushing. Current stakes include Nintendo (8.58%), Nexon, Capcom, and Koei Tecmo.

Saudi Arabia's PIF mulls larger stake in Nintendo, Kyodo reports

Saudi Arabia's Public Investment Fund considers increasing stakes in Nintendo and other Japanese gaming firms, emphasizing friendly investments without urgency, currently holding 8.58% in Nintendo.