Sony to launch PS4 game console in Japan on Feb 22

TOKYO, Sept 9 Mon Sep 9, 2013 3:06am EDT

TOKYO, Sept 9 (Reuters) - Sony Corp said on Monday that it will launch the PlayStation 4, its latest game console, on Feb 22 in Japan, three months later than its Nov 15 release in the United States.

The basic version of the PS4 will retail for 39,980 yen ($400), in line with its North American $399 price tag. That compares with $499 for Microsoft's Xbox One, which will be rolled out on Nov 22.

Sony said in August that it had received 1 million preorders for the new console, which will be on sale in Europe, Australia and South America from Nov 29, in time for the busy pre-Christmas season.

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After wave of QE, onus shifts to leaders to boost economy

DAVOS, Switzerland - Central banks have done their best to rescue the world economy by printing money and politicians must now act fast to enact structural reforms and pro-investment policies to boost growth, central bankers said on Saturday.