Sunday, July 25

Japanese Stocks

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A Japanese homebuilder’s stock fell 10% after the boss banned staff from getting vaccinated-and said those who do would be punished

A man receives a COVID-19 vaccine at the Tokyo Metropolitan Government office. YOSHIKAZU TSUNO/POOL/AFP via Getty Images Japan homebuilder Tama Home's stock fell 10% on a report its boss threatened vaccinated employees. The president said those who get jabbed would die five years later, a weekly magazine reported. The company denied the report, saying the decision to get vaccinated is an individual choice. Sign up here for our daily newsletter, 10 Things Before the Opening Bell. Shares in Japanese homebuilder Tama Home fell 10% on Wednesday, marking their biggest one-day fall in over three years, after a report said the company's president warned employees they'd be punished if they get vaccinated for coronavirus.Company president Shinya Tamaki told managers he was against vaccin...
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BlackRock cuts outlook for US stocks to neutral as the reopening trade shifts to Europe and Japan

The reopening of economies after the worst of COVID-19 should boost European and Japanese stocks this year. REUTERS/Charles Platiau BlackRock Investment Institute said Wednesday it has cut its outlook on US stocks to neutral from overweight. BlackRock's strategists upgrade European and Japanese stocks which they see benefitting from a wider reopening of economies from the COVID-19 crisis. Strategists remain overweight on US small-caps. See more stories on Insider's business page. BlackRock strategists have switched to a neutral stance on US stocks while upgrading their views on European and Japanese equities, which they see as growing beneficiaries from the further reopenings of economies shut down by the COVID-19 crisis. BlackRock Investment Institute outlined, among other i...