Japan's stock market is set to receive an extra inflowof foreign capital following Morgan Stanley Capital International's move to boost the country's weighting in its global equity indices.
Yahoo Japan is the largest company joining the index. The broadband and web provider has been a favourite of speculative traders who have helped its share price more than triple in the past year. Also added are two of the past year's most high-profile new listings: Shinsei Bank, the collapsed institution revived and relisted by foreign investors, and NEC Electronics, a semiconductor maker spun off by NEC.