-- Nintendo Co. is developing a live-action film based on The Legend of Zelda video game franchise, expanding efforts to bring its popular characters to the big screen.Trump's Wealth Has Jumped $500 Million Since He Left the White HouseMalaysia Renews Hamas Support, Defying Threat of US Sanctions
Nintendo shares rose as much as 6.6% in Tokyo, their biggest intraday gain in almost three years. Nintendo also raised its annual profit forecast on Tuesday, thanks to the weak yen’s boost to earnings and expectations for stronger game sales. Nintendo IP-related revenue, which includes film royalties, more than doubled to ¥55 billion in the six months to September. Executives had previously said that they wanted to explore new ways to expand its IP-related segment, which is still only about 7% of total sales.Top execs on Fed, inflation, economy: YF Invest biggest moments