Bloomberg (April 11)
2016/ 04/ 12 by jd in Global News
“For global equity investors and Shinzo Abe, it’s splitsville.” For 13 straight weeks during 2016, “foreign traders have been pulling out of Tokyo’s stock market.” They’ve dumped “$46 billion of shares as economic reports deteriorated, stimulus from the Bank of Japan backfired and the yen’s surge pressured exporters. The benchmark Topix index is down 18 percent in 2016, the world’s steepest declines behind Italy.”
Tags: Abe, BOJ, Equity investors, Exporters, Italy, Shares, Stock market, Tokyo, Topix, Traders, Yen
