Sumitomo Corp
BYD bids Warren Buffett’s Berkshire an unfazed farewell: Selling is ‘normal’
(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 […]
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Buffett says Berkshire will continue to increase investment in Japan trading houses
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 […]
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These Asian firms in Buffett’s Berkshire Hathaway portfolio have surged, with one soaring 30%
Warren Buffett, Berkshire Hathaway CEO and chairman. Cnbc | Nbcuniversal | Getty Images Shares of the five trading firms in Warren Buffett-backed Berkshire Hathaway‘s portfolio — Itochu Corp, Marubeni Corp, Mitsubishi Corp, Mitsui & Co, and Sumitomo Corp — have surged, with one rising as much 30% in 2024. These five names are also the […]
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‘Hot money is saying sayonara’: Japan fund manager names outperforming sector to buy amid sell-off
As Japanese stocks plummet, confirming a bear market, there are opportunities in small-cap and domestic-focused companies, according to fund manager Richard Kaye. Kaye, one of the co-fund managers behind the Growth Japan fund at Comgest, believes the current market turmoil presents a chance to invest in overlooked sectors as foreign investors exit certain positions. The […]
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Warren Buffett, who turns 93, is at the top of his video game as he pushes Berkshire Hathaway to new heights
Warren Buffett, Chairman and CEO of Berkshire Hathaway. David A. Grogan | CNBC Warren Buffett took management of Berkshire Hathaway in 1965, and nearly 6 a long time afterwards as the “Oracle of Omaha” turned 93 on Wednesday, his conglomerate is more robust these days than it really is ever been. Berkshire shares have roared […]
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Warren Buffett doubles down on Japan, rising stakes in five investing companies
The emblem of American multinational investing conglomerate Berkshire Hathaway is shown on a smartphone screen. Sopa Visuals | Lightrocket | Getty Illustrations or photos Berkshire Hathaway on Monday explained its wholly-owned subsidiary Nationwide Indemnity Corporation has greater its stake in five Japanese investing corporations to normal much more than 8.5%. The firms included are Itochu, […]
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Japan optimism has been fueled by ‘game-changing’ reforms and Warren Buffett: Here is what you have to have to know
Japan’s stock markets have outperformed Asian friends this calendar year to day, as traders cheer the prospect of legitimate company governance reforms that would compel Japan Inc into increased effectiveness and productivity, whilst raising shareholder returns. Richard A. Brooks | Afp | Getty Images For the initial time in decades, Japan stocks are back again […]
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What Warren Buffett is buying in Japan’s Berkshire Hathaway look-alikes
Warren Buffett, chairman and chief executive officer of Berkshire Hathaway, photographed during a 2011 trip to Japan. Bloomberg | Bloomberg | Getty Images Japanese stocks have been on a tear since late last year, up nearly 15% since November, as the weak yen and inbound tourism help to reactivate the economy. But Warren Buffett added […]
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