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Japan Trading House Stocks Soar as Warren Buffett Increases Stake
Berkshire "as promised" increased its Shareholding in Japan's five major trading companies, with an average holding ratio close to 10%.
The shareholding ratios of Mitsui & Co. increased from 8.09% to 9.82%, Mitsubishi Corporation's shareholding rose from 8.31% to 9.67%, Sumitomo Corporation's shareholding increased from 8.23% to 9.29%, Itochu Corporation's shareholding was raised from 7.47% to 8.53%, and Marubeni Corporation's shareholding went up from 8.30% to 9.30%. Munger once stated that Buffett's bet on the Japanese stock market is a "once in a century" opportunity, as the low interest rate environment allows investors to achieve substantial returns at almost zero cost.
Japan Shares Gain on China's Consumption-Boosting Measures
Japanese bonds have fallen to their lowest point since 2009! The Governor of the Bank of Japan reiterates the determination to 'reduce the balance sheet' and holds an optimistic view on salary prospects.
Kazuo Ueda stated, "From now on, we may see inflation easing driven by import costs, while wages will continue to rise steadily. Therefore, we expect real wages and Consumer spending to improve in the future." The Bank of Japan has also begun to implement an Algo tightening plan, with the monthly purchase of Bonds expected to be halved to 3 trillion yen by early 2026.
Japanese Equities Still Look Constructive -- Market Talk
Express News | Japan's Topix Falls to Lowest Since Oct 28
Ah Kwang : Good morning Issac!
Cui Nyonya Kueh : Good morning Mr Lim !
Trader’s Edge OP : Hi everyone! Morning!
Trader’s Edge OP : We start in a bit!
Ah Kwang : Good morning Ms. Cui as well!
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