Japanese stocks see net foreign outflows as oil rises
Foreign investors sold Japanese stocks in the week through September 12, with net outflows of 1.52 trillion yen ($9.74 billion)—their largest weekly net sales since June 27—citing surging oil prices and higher rate-hike expectations in the US and Japan.
74 billion), the largest weekly net sales since June 27. The selling came as oil prices rose sharply and expectations for interest-rate hikes in the United States and Japan led investors to turn cautious.