is a reputed website selling apple developer account, providing us, China and worldwide developer individual accounts for sale. It's at low price and good quality. Always provides satisfying services!


Japanese shares see biggest weekly foreign outflow in over 1-1\/2 years


JAPANESE shares witnessed massive foreign outflows last week, hit by fears that major central banks' rates would rise rapidly on inflationary pressure from high oil prices and supply shortages, with China's slowdown also weighing on sentiment.Foreigners sold stocks of a net 1.76 trillion yen ($15.79 billion) in the week to Oct. 1, marking the biggest weekly net selling since Feb 28, 2020, data from Japanese exchanges showed.Investors sold 1.27 trillion yen worth of derivatives and 489 billion yen in cash equity markets.However, cross-border investors turned net buyers of Japanese bonds of a net 144.3 billion yen last week, after their net selling worth $3.45 trillion yen in the previous week, finance ministry data showed.Concerns over staff shortages, lack of ships, spike in oil prices, soaring gas prices in Europe and power shortage in China, fanned worries that global inflation would remain elevated for a much longer period and force major central banks to lift policy rates rapidly.Japanese shares hit a 3-decade peak in mid-September, but dropped over 8% in the past three weeks to Wednesday."After a false breakout by TOPIX in September, the equity market has to absorb a new PM, General Elections, a below trend slowdown in China, higher input costs and the legacy of a 'modest' upswing in savings," brokerage Jefferies said in a report.The Nikkei share average and the Topix index both plunged nearly 5% last week.Japanese shares are set for a third straight weekly decline this week, dragged down by low support ratings for new Prime Minister Fumio Kishida.Japanese investors bought a net 1.18 trillion yen in overseas bonds and net 525.5 billion yen in cross-border equities last week, which was their largest weekly net purchase since Aug. 6, finance ministry data showed. - Reuters