Fund managers steer clear of turbulent Japan

Article Abstract:

Canadian mutual fund managers are staying away from Japanese stocks due to negative sentiments over the market. Japanese stocks have posted an annual loss of 3.3% in the 1990s, thus, forcing international equity managers to just allot 9.7% or less of their portfolios in the Japanese market. However, some Canadian mutual funds are betting a recovery in the market, but are limiting their investments in strong domestic Japanese companies which offer the best value.

Financial management, Investment Companies, Open-End Investment Funds

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Could PlayStation 2 rule the world?

Article Abstract:

Sony Corp's successor to its highly successful PlayStation video-game machine has got the video-game community and investors abuzz. PlayStation 2 uses a chip called the Emotion Engine, which generates graphics comparable in quality to the 1995 animated feature 'Toy Story.' The success, or failure, of the product will be a major development for the company, which has seen its video-game business become its core profit generator.

Product information, Game, Toy, and Children's Vehicle Manufacturing, Home Video Games, Sony Corp., Video games

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