Japan’s stock market surged to a record high overnight as new political leadership in Tokyo fueled bets on stronger fiscal support and stable monetary policy. Here’s how U.S. investors can take advantage of one of the world’s most powerful equity bull runs. Japan’s Nikkei 225 index jumped 4.8% to overnight Monday after the country’s ruling…
(This is the Warren Buffett Watch newsletter, news and analysis on all things Warren Buffett and Berkshire Hathaway. You can sign up here to receive it every Friday evening in your inbox.) Hours after we first reported last week that Berkshire sold off the remainder of its stake in BYD earlier this year, the Chinese electric vehicle maker confirmed…
TOKYO (Reuters) – Shares in Japan’s five major trading houses rose more than 5% in early trade on Tuesday after billionaire investor Warren Buffett said his conglomerate Berkshire Hathaway would likely increase its ownership in them. Mitsubishi Corp was the top performer, up 7.5%, while Mitsui & Co, Sumitomo Corp, Itochu and Marubeni each gained…
Warren Buffett, chairman and chief executive officer of Berkshire Hathaway, photographed during a 2011 trip to Japan. Bloomberg | Bloomberg | Getty Images Berkshire Hathaway is committed to its Japanese investments for the long term and has reached an agreement with the companies to own beyond the initial 10% ceiling, Warren Buffett said in his…