Nintendo Plays Catch-Up With Sony and Netflix
Asian stocks outside Japan fell from their highest levels in almost nine months as commodity producers led losses and investors judged the rally spurred by a global equities recovery was overdone. Nintendo Co. jumped 14 percent as investor frenzy over its mobile game Pokemon Go continued. After Monday’s close, Netflix Inc. reported fewer new subscribers than predicted, sending the shares plunging. It added 1.68 million subscribers in the second quarter of 2016, falling short of its own forecasts as higher prices for some older customers spurred an increase in cancellations. HSBC Senior Economic Adviser Stephen King discusses with "On the Move" hosts Guy Johnson in London and Caroline Hyde in Berlin.
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