Latest news with #ShujiHosoi
Japan Times
03-07-2025
- Business
- Japan Times
Foreign buying of Japan stocks hits longest spell since 2013
Foreign investors bought Japanese stocks for 13 straight weeks to June 27, their longest buying spree since 2013, data from Japan Exchange Group showed. The persistent buying — despite lingering concerns over U.S. tariffs and still sluggish domestic consumption — likely points to diversification away from U.S. equities, as investors pare positions after Wall Street's strong showing. "It's my guess that this reflects investors trying to diversify their U.S.-concentrated portfolio,' said Shuji Hosoi, senior strategist at Daiwa Securities, noting that such shifts could last about a year. Foreign investors bought ¥339.8 billion ($2.36 billion) of Japanese equities in the week of June 23 to 27, extending their net buying which began in the first week of April, when the market had plunged following the shock of U.S. President Donald Trump's extensive tariff plan, some of which has subsequently been amended. It is the longest stretch of net purchases since their 18 straight weeks of buying from November 2012 to March 2013, when investors snagged ¥5.7 trillion of Japanese stocks following radical economic stimulus by then-Prime Minister Shinzo Abe, or so-called Abenomics. The latest buying by foreign investors helped lift the Topix index to lofty heights. The Topix rose to a peak of 2869.07 on Monday, just off its record high of 2946.60 struck in July last year. The benchmark has lost steam since then on renewed worries about U.S. tariffs. But some analysts think their buying may wane. "There's no sense of euphoria we saw during Abenomics. I think foreign buying will slow in July,' said Kohei Onishi, senior investment strategist at Mitsubishi UFJ Morgan Stanley.
Yahoo
03-07-2025
- Business
- Yahoo
Foreign buying of Japan stocks hits longest spell since 2013
(Bloomberg) — Foreign investors bought Japanese stocks for 13 straight weeks to June 27, their longest buying spree since 2013, data from Japan Exchange Group showed. NYC Commutes Resume After Midtown Bus Terminal Crash Chaos Struggling Downtowns Are Looking to Lure New Crowds Massachusetts to Follow NYC in Making Landlords Pay Broker Fees What Gothenburg Got Out of Congestion Pricing California Exempts Building Projects From Environmental Law The persistent buying — despite lingering concerns over US tariffs and still sluggish domestic consumption — likely points to diversification away from US equities, as investors pare positions after Wall Street's strong showing. 'It's my guess that this reflects investors trying to diversify their US-concentrated portfolio,' said Shuji Hosoi, senior strategist at Daiwa Securities (DSEEY), noting that such shifts could last about a year. Foreign investors bought ¥339.8 billion ($2.36 billion) of Japanese equities in the week of June 23-27, extending their net buying which began in the first week of April, when the market had plunged following the shock of US President Donald Trump's extensive tariff plan, some of which has subsequently been amended. It is the longest stretch of net purchases since their 18 straight weeks of buying from November 2012 to March 2013, when investors snagged ¥5.7 trillion of Japanese stocks following radical economic stimulus by then-Prime Minister Shinzo Abe, or so-called Abenomics. The latest buying by foreign investors helped lift the Topix index to lofty heights. The Topix rose to a peak of 2869.07 on Monday, just off its record high of 2946.60 struck in July last year. The benchmark has lost steam since then on renewed worries about US tariffs. But some analysts think their buying may wane. 'There's no sense of euphoria we saw during Abenomics. I think foreign buying will slow in July,' said Kohei Onishi, senior investment strategist at Mitsubishi UFJ (MUFG) Morgan Stanley Co. (MS). SNAP Cuts in Big Tax Bill Will Hit a Lot of Trump Voters Too America's Top Consumer-Sentiment Economist Is Worried How to Steal a House China's Homegrown Jewelry Superstar Pistachios Are Everywhere Right Now, Not Just in Dubai Chocolate ©2025 Bloomberg L.P. By subscribing, you are agreeing to Yahoo's Terms and Privacy Policy Error in retrieving data Sign in to access your portfolio Error in retrieving data Error in retrieving data Error in retrieving data Error in retrieving data
Yahoo
03-07-2025
- Business
- Yahoo
Foreign Buying of Japan Stocks Hits Longest Spell Since 2013
(Bloomberg) -- Foreign investors bought Japanese stocks for 13 straight weeks to June 27, their longest buying spree since 2013, data from Japan Exchange Group showed. NYC Commutes Resume After Midtown Bus Terminal Crash Chaos Struggling Downtowns Are Looking to Lure New Crowds Massachusetts to Follow NYC in Making Landlords Pay Broker Fees What Gothenburg Got Out of Congestion Pricing California Exempts Building Projects From Environmental Law The persistent buying — despite lingering concerns over US tariffs and still sluggish domestic consumption — likely points to diversification away from US equities, as investors pare positions after Wall Street's strong showing. 'It's my guess that this reflects investors trying to diversify their US-concentrated portfolio,' said Shuji Hosoi, senior strategist at Daiwa Securities, noting that such shifts could last about a year. Foreign investors bought ¥339.8 billion ($2.36 billion) of Japanese equities in the week of June 23-27, extending their net buying which began in the first week of April, when the market had plunged following the shock of US President Donald Trump's extensive tariff plan, some of which has subsequently been amended. It is the longest stretch of net purchases since their 18 straight weeks of buying from November 2012 to March 2013, when investors snagged ¥5.7 trillion of Japanese stocks following radical economic stimulus by then-Prime Minister Shinzo Abe, or so-called Abenomics. The latest buying by foreign investors helped lift the Topix index to lofty heights. The Topix rose to a peak of 2869.07 on Monday, just off its record high of 2946.60 struck in July last year. The benchmark has lost steam since then on renewed worries about US tariffs. But some analysts think their buying may wane. 'There's no sense of euphoria we saw during Abenomics. I think foreign buying will slow in July,' said Kohei Onishi, senior investment strategist at Mitsubishi UFJ Morgan Stanley Co. SNAP Cuts in Big Tax Bill Will Hit a Lot of Trump Voters Too America's Top Consumer-Sentiment Economist Is Worried How to Steal a House China's Homegrown Jewelry Superstar Pistachios Are Everywhere Right Now, Not Just in Dubai Chocolate ©2025 Bloomberg L.P. Error in retrieving data Sign in to access your portfolio Error in retrieving data Error in retrieving data Error in retrieving data Error in retrieving data
The Star
18-06-2025
- Business
- The Star
Mitsubishi in advanced talks on US$8bil Aethon deal
A deal would likely be structured as a purchase of Aethon's portfolio. — Bloomberg TOKYO: Mitsubishi Corp is in advanced talks to buy the assets of Aethon Energy Management for close to US$8bil, according to sources, in what would be the Japanese conglomerate's biggest ever acquisition. Mitsubishi could announce a deal with the US energy-focused investment firm in the next couple of months, according to the sources. Abu Dhabi National Oil Co had also been considering a potential transaction involving Aethon, Bloomberg News reported in April. A deal would likely be structured as a purchase of Aethon's portfolio, which includes natural gas production operations and midstream assets. Dallas-based Aethon is among the most active drillers in the Haynesville shale basin that straddles East Texas and northern Louisiana. Aethon is close to several liquefied natural gas (LNG) export terminals along the Gulf Coast. Mitsubishi, one of Japan's major trading companies, is a key supplier of LNG and has a stake in a US export facility in Louisiana. Japan's government sees the artificial intelligence (AI) boom potentially lifting power demand over the next decade, and has urged the nation's private firms to invest in gas. The talks mean that Mitsubishi is looking to double down on one of its most profitable business segments: natural gas. Japan's trading houses, which include Warren Buffett's Berkshire Hathaway Inc as an investor, have outperformed the market over the last few years due in part to strong profits from overseas gas and LNG projects. 'Given the shortage of power due to AI demand, everything related to energy is generally positive,' said Shuji Hosoi, senior strategist at Daiwa Securities Co. That said, there are worries about whether it may be overpaying for the purchase, like the steep premium Nippon Steel Corp hads agreed to pay for US Steel Corp. — Bloomberg
