By Tetsushi Kajimoto and Mariko Katsumura TOKYO (Reuters) -Japan logged a trade deficit for a 16th straight month in November as imports surged to a record level, while subdued growth in exports to China fanned concern about how COVID disruptions there could impact other economies. The trade deficit came in at 2 trillion yen ($14.8
Japanese government bond yields
fell on Tuesday, as investors scooped up debt at a bargain
following a sell-off driven by U.S. peers. The 20-year JGB yield fell 4 basis points to
0.885%,. | September 14, 2022
TOKYO Japan’s 10-year government bond yields fell to a three-week low on Friday after the Bank of Japan maintained massive stimulus, retreating from a…
Jul 15, 2021
Nintendo Co.’s decision to increase the price of its Switch console with an updated model set for October will test new waters for console makers, which have traditionally sought to juice sales by slashing prices instead of raising them.
The coronavirus outbreak reconfigured expectations across the gaming industry, with companies like Nintendo, Sony Group Corp. and Microsoft Corp. all struggling to satisfy runaway demand from players seeking entertainment and escape. The two Japanese gaming giants reported record profits, downloads and subscriber numbers over the past year.
Now Nintendo is betting this momentum can be sustained with a new ¥37,980 ($350) model, about ¥5,000 higher than the standard model’s original price tag and a repudiation of traditional console economics. In an industry where consoles typically get mid-life price cuts, the Switch is moving into a higher tier largely on the strength of a larger and better OLED display and some added