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Foreign net buying of Japanese stock continues for 16th week
Foreign net buying of Japanese stock continues for 16th week

NHK

time20 hours ago

  • Business
  • NHK

Foreign net buying of Japanese stock continues for 16th week

Foreign investors have been pouring money into Japanese stocks. It's their longest net buying streak for 16 straight weeks in the past 12 years. The trend began in late March, and continued even after a sharp drop in Tokyo's benchmark Nikkei 225 index on April 3, triggered by US President Donald Trump announcing what he called "reciprocal tariffs." While domestic investors pulled back, overseas investors kept buying. From July 14 to 18, they were again net buyers on the Tokyo and Nagoya exchanges, picking up about 187 billion yen, or nearly 1.3 billion dollars, more in shares than they sold. Tokyo markets continued their rally the following week as Japan reached a tariff deal with the United States. The Nikkei index briefly broke the 42,000 mark for the first time since last July when it set its all-time high. Market analysts say Japan is drawing in foreign money as domestic firms pay closer attention to share prices and capital. They say the progress in tariff talks with the US could add to the momentum.

Kotoshoho wins first sumo title
Kotoshoho wins first sumo title

NHK

time3 days ago

  • Sport
  • NHK

Kotoshoho wins first sumo title

Rank-and-file wrestler Kotoshoho won his first-ever title on Sunday at the Nagoya Grand Sumo Tournament with 13 wins and two losses. Kotoshoho was in the lead on Saturday, the 14th day of the 15-day tournament. Aonishiki and Kusano followed, each with three losses. All three wrestlers are from the Hiramaku group, the lowest of the five ranks in the top Makunouchi division. On the final day, Kotoshoho faced off with Aonishiki. Kotoshoho thrust down his opponent to become the first Hiramaku wrestler to clinch a championship since last year's spring tournament. Kotoshoho beat newly promoted Yokozuna Grand Champion Onosato on the 13th day, his first victory against a top-ranked wrestler. He maintained momentum after that, extending his winning streak to 10 days through the end of the tournament. Yokozuna and other higher-ranking Ozeki wrestlers all dropped out of the title race after either pulling out of the tournament or performing poorly.

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