June 8 : Japanese investors sold foreign stocks at the fastest pace in about five years in May, as caution over Middle East hostilities and concerns that a tech-driven market rally had run too far weighed on sentiment. They sold foreign stocks of a net 2.72 trillion yen ($16.98 billion) during the month as they logged the largest net withdrawal since April 2021, data from Japan's Ministry of Finance (MOF) showed on Monday. The MSCI World Index, which hit a record 1,138.3 last week, is down