Lates News

Local time on Monday, the Nikkei 225 index rose by over 2000 points, breaking the 56,000 point mark for the first time in history - this also pushed the market value of the Japanese assets held by Berkshire Hathaway, including the five major trading companies, to over $41 billion. Since 2019, Warren Buffett, who stepped down as CEO of Berkshire Hathaway, has made a series of large bets on Japanese stocks. The sharp rise in the Tokyo stock market on Monday increased the stock prices of related stocks by nearly $2 billion in a single day. Combining details from Berkshire Hathaway's financial report, the investment cost is estimated to be around $13.8 billion, meaning that this investment has nearly doubled in value. (Yicai)