The split in the Japanese market between technology stocks and equities from more traditional industries is set to mend, according to equities strategists. Glittering growth seen in high-tech, particularly internet-related, stocks should soon slow. Instead, investors will turn their attention to the cost-cutting achieved by businesses of the ‘old’ economy. And, despite recent market jitters, the fundamentals for corporate profits are still sound with Japan’s economy still on track ...
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