TOKYO -- Overseas investors are on track to sell 5.3 trillion yen ($47.5 billion) more in Japanese shares than they bought in 2018, the biggest net sell-off since the Black Monday crash in 1987, as a global downturn in markets and Japan's lackluster economic policies scare them away.
The Nikkei Stock Average sank to a new year-to-date low on Thursday, ending down 2.8% at 20,392, as the latest U.S. rate hike drove down stock markets across Asia.
