Berkshire Hathaway adds to Japan trading company holdings

  • 📰 ChannelNewsAsia
  • ⏱ Reading Time:
  • 23 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 13%
  • Publisher: 66%

Nederland Nieuws Nieuws

Nederland Laatste Nieuws,Nederland Headlines

Billionaire investor Warren Buffett's Berkshire Hathaway said it added to stakes in Japan's five biggest trading houses to beyond 8 per cent on Monday, a move likely to highlight and add to the momentum driving Japan's stock market to new heights.Berkshire announced stakes in Itochu, Marubeni, Mitsubishi

Billionaire investor Warren Buffett's Berkshire Hathaway said it added to stakes in Japan's five biggest trading houses to beyond 8 per cent on Monday, a move likely to highlight and add to the momentum driving Japan's stock market to new heights.

Buffett's investments and his optimism about Japan's prospects have drawn attention to improving economic conditions and shareholder-friendly corporate governance reforms that have helped underpin a sparkling rally in the Nikkei share average. Berkshire said its ownership now averages more than 8.5 per cent at the companies and the aggregate value of the investments is the largest of any Berkshire-held public stocks outside the U.S.

Wij hebben dit nieuws samengevat zodat u het snel kunt lezen. Bent u geïnteresseerd in het nieuws, dan kunt u hier de volledige tekst lezen. Lees verder:

 /  🏆 6. in NL
 

Bedankt voor uw reactie. Uw reactie wordt na beoordeling gepubliceerd.

Nederland Laatste Nieuws, Nederland Headlines