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global markets rebound as investors react to trade tensions and tariffs
Asian shares and U.S. futures rose, led by a 6% jump in Tokyo's Nikkei 225, as markets reacted to President Trump's tariff threats. The S&P 500 and Dow futures gained 1.5% and 1.9%, respectively, while concerns over global trade continued to impact oil prices, which dipped below $60 a barrel. The U.S. dollar weakened against the yen, and gold prices surged, reflecting investor anxiety amid ongoing trade tensions.
Berkshire Hathaway increases investment in Japanese trading firms to 10 percent
Warren Buffett's Berkshire Hathaway has increased its stakes in five major Japanese trading firms—Itochu, Marubeni, Mitsubishi, Mitsui, and Sumitomo—to between 8.5% and 9.8%. This move comes as the company reduces its exposure to US equities, with Japanese holdings valued at $23.5 billion against a cost of $13.8 billion. Buffett has praised the firms' management and capital strategies, and has secured an agreement allowing Berkshire to exceed the 10% ownership cap.
Warren Buffett increases stakes in five Japanese trading houses
Warren Buffett has increased Berkshire Hathaway's stakes in five major Japanese trading houses—Itochu, Marubeni, Mitsubishi, Mitsui, and Sumitomo—raising holdings to about 9.3%. This move, amid U.S. market turmoil, signals a strategic shift towards international investments, with Buffett expressing long-term commitment to these companies. The Japanese firms have shown strong management and capital deployment, prompting Buffett to support their boards for decades to come.
Warren Buffett increases investments in five major Japanese trading houses
Warren Buffett's Berkshire Hathaway has increased its stakes in five major Japanese trading houses—Itochu, Marubeni, Mitsubishi, Mitsui, and Sumitomo—by 1 to 1.7 percentage points, now holding between 8.5% and 9.8%. Buffett praised their management and noted that the firms have relaxed restrictions, allowing for further investment. Despite being a net seller of stocks, Berkshire's cash reserves have surged to over $334 billion, more than double from the previous year.
Berkshire Hathaway increases investment in Japan's leading trading companies
Warren Buffett's Berkshire Hathaway has increased its stakes in Japan's top five trading companies, raising its holdings in Mitsubishi Corporation and Mitsui, among others, while maintaining a cap of under 10%. This move reflects growing confidence in these firms, which are crucial for Japan's import of raw materials and export sectors. Despite the optimism, analysts warn that challenges like declining commodity prices and inflation could impact these companies' performance.
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