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Asian Markets Slide as Oil Passes $100

Asian markets closed lower Wednesday as investors focused on rapidly rising oil prices, which broke the $100-per-barrel mark in response to growing tensions in the Middle East. In Japan the Nikkei 225 Index slid 2.4%, Hong Kong's Hang Seng Index fell 1.5%, and China's Shanghai Composite Index edged down 0.2%.

Asian Shares Climb, HSBC Snags Pre-Earnings Report Gains

In Hong Kong HSBC shares rose 1.5% before the company's announcement early today in London that it had missed earnings estimates. The gain helped push the Hang Seng Index up 1.4.% In China the Shanghai Composite advanced 0.9% and in Japan the Nikkei 225 Index added 0.9%.

Property Developers Get Chinese New Year Blues, Hang Seng Slides

There are warning signs that Hong Kong property prices have hit their peak, and today real estate firms dragged the Hang Seng index lower. Despite the drum beats of the lion dancers specially booked to celebrate Chinese New Year and "guaranteed" to bring prosperity to every business they visit, this year may prove a tough one for Hong Kong developers.

Chinese Inflation Drags Asian Shares Lower

Asian markets plunged Thursday. In China the Shanghai Composite Index tumbled 2.9% to 2,678 and in Hong Kong the Hang Seng Index fell 1.7% to 24,004. Japan's Nikkei 225 Index lost 1.1% to end the day at 10,437.

Xbox Shortages May Run Through February

Microsoft sold out of its Xbox video-game console in late December thanks to strong holiday-season demand, and may have product shortages in January and February as well, as the company's Kinect motion-sensor device has boosted the popularity of the system, the Seattle Post-Intelligencer reported.

Top-Selling Video Games of All Time

November delivered some welcome news for the gaming industry, with sales of consoles and games surging 8%. And Activision has plenty of reasons to smile as strong sales of Black Ops, the latest installment in the Call of Duty franchise -- logged a position on the list of best-selling video games of all time.

Microsoft: 1 Million Kinect Gaming Systems Already Sold

Microsoft (MSFT) sold more than 1 million of its hands-free Kinect gaming system in the first 10 days after its launch. Microsoft is hoping the Kinect, which plugs into an Xbox and lets you play games just by moving your body or speaking commands, will help boost Xbox sales and fend off competition from Nintendo (NTDOY) and Sony (SNE).

Apple's Stealth Assault on the Video Game Market

By now you probably know that the surprise hit of Apple's latest earnings call was the hockey-puck-size AppleTV device. But an unexpected upside for Apple is that AppleTV could be a backdoor entry into the video-game console market. Here's how that would work.

Sony Cuts PSPgo Prices Ahead of Holiday Season

Sony Corp. (SNE) will slash the price of its PSPgo portable game player ahead of the holiday period. The company will cut the price of the PSPgo to $199 from $249 in the United States and to 16,800 yen ($207) from 26,800 yen in Japan, Reuters said.

The Silver Lining Around Nintendo's 3DS 'Delay'

Nintendo was hammered when it announced that its new product, the 3DS, would miss the holiday shopping season. But the 'miss' may have been intentional, part of the company's strategy to maximize returns on its products.

Nintendo Slashes Forecast, Says 3-D Game Delayed

Nintendo slashed its forecast for the year ending March 31, 2011, as the videogame maker cited weak sales and stronger-than-expected appreciation of the Japanese yen. It also announced its new handheld 3-D video game console won't be released until after the holiday season.

Nintendo to Launch 3-D Game Device

Nintendo will release its 3-D gaming device in Japan in February of next year, with a March release date for the U.S. and Europe. Will gamers buy the 3-D devices? The jury is still out.

At the Tokyo Game Show, Motion Controllers Take the Stage

The Nintendo Wii's dominance over motion-control gaming eroded further this weekend as Microsoft and Sony highlighted their own new controllers at Japan's largest video-game industry event. Plus, Sony updated PS3 to play 3-D Blu-ray movies.

Panasonic Unveils 3D Camcorder

Panasonic debuted a 3D consumer camcorder Tuesday, tying its latest device to its growing product line of 3D electronics.The move couldn't come soon enough, as the marketplace for 3D electronics is rapidly growing.

Sony Cuts Price in Latest Round of E-Reader Wars

Sony has slashed the price of its Daily Edition e-reader to $299.99 from $349.99, following similar price cuts to Amazon's Kindle and Barnes & Noble's Nook. Can any of these companies really make money at the reduced price levels?

Japanese Consumer Lenders Soar on Nikkei

Shares in Japanese consumer lenders surged on the news that plans are in the works for Osaka to become a special business zone. This would make it exempt from the heavy regulations that have strangled Japanese lenders with restrictions.

Gyroscope Chip-Maker InvenSense Goes for an IPO

The cool technology that allows your iPhone or Wii controller to sense how you're moving it is a gyroscopic chip, and as the market for such motion-controlled devices grows, so do the prospects of gyroscopic chip makers like InvenSense, which just announced plans for an IPO.