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Stocks

How cabinet approval in Japan tells foreigners to sell shares

When rating falls below 60%, institutional investors bug out

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The government-own land in Osaka sold to a private school at a suspiciously large discount.   © Kyodo

TOKYO -- Foreign investors have grown less enthusiastic about Japanese stocks as negative news flows from Japan Inc.

A stock trader at a major Japanese brokerage thinks pension funds and other foreign investors who have large Japanese holdings are particularly concerned about Japanese equities.

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