TOKYO (AP) — Asian shares were mixed on Wednesday after U.S. stocks held relatively steady on Wall Street.
U.S. futures and oil prices slipped, while the yen weakened further against the U.S. dollar.
Tokyo’s Nikkei 225 lost 1.6% to 38,202.37.
Nintendo Co.’s share price sank 5.4% after the company’s forecasts disappointed investors and it announced that news of a successor product to its popular Switch device will be made by March 2025.
Sony Corp. shed 5% amid speculation over a potential buyout of Paramount Global by Sony Pictures and the private equity firm Apollo Global Management.
Market players are watching to see how authorities react to the yen’s persisting weakness against the U.S. dollar.
The dollar rose to 155.20 Japanese yen from 154.50 yen. Japanese officials have expressed concern after the yen’s value slipped to 160.25 per dollar in recent days, prompting the Ministry of Finance to intervene.
Related articles:
Related suggestion:
155 police officers injured at German soccer match, most from tearPamela Anderson goes makeBoca Raton's most expensive waterfront property sold for $40MStars and DeBoer moving on after ousting Cup champ Vegas in tight 7Spain's Prado Museum confirms rediscovery of lost Caravaggio. Painting will be unveiled May 27Nutrition experts add traffic light health labels to famous food paintingsJohn Swinney expected to lead Scotland after being confirmed as Scottish National Party leaderTrump's strategist push AI to help conservatives, all you need to knowPamela Anderson goes makeRadek Faksa scores in return, Stars oust defending Stanley Cup champ Golden Knights 2
2.3985s , 6490.3359375 kb
Copyright © 2024 Powered by Stock market today: Asian shares mixed after calm day on Wall St ,Culture Channel news portal