Foreigners Flee Japan Stocks at Fastest Pace Since at Least 2004

``Foreigners last week sold a net 1.85 trillion yen ($15.4 billion) of Japanese stocks and equity index futures, the biggest combined outflow since Mizuho began tracking the data more than a decade ago,.. Andrew Clarke, director of trading at Hong Kong brokerage Mirabaud Asia Ltd., said investors who needed to reduce positions in Asia and couldn't offload stocks in China because of share suspensions turned to Tokyo instead.''