Page 85 - Mitsui News Today

Warren Buffets Berkshire Hathaway has added to its holdings in Japans five leading trading houses: Sumitomo, Mitsui & Co, Mitsubishi, Marubeni and Itochu. Berkshire said the purchased stakes were in line with its plan to hold them long-term and increase them to as much as 9.9%. The stakes held now average over 8.5%. The additional purchases highlight the firms optimism on Japans prospects and their shareholder-friendly corporate governance reforms that have boosted the Nikkei share average, ...

Sovereign Metals Limited (ASX:SVM, OTC:SVMLF, AIM:SVML) has kicked off a bulk sample program for its graphite – aiming to qualify, conduct downstream test...

China’s central bank has started cutting rates to boost the economy. But for now, the Chinese dragon’s still dozy.

Investors will closely watch for China’s loan prime rates decision, after the country cut some of its key lending rates last week.

Following the close of the markets in Japan today (June 19), Berkshire Hathaway's wholly-owned subsidiary, National Indemnity Company, will notify Japan's Kanto Local Finance Bureau that it ha. . .

Buffett first disclosed his bets on Japan in August 2020 - and the country's flagship index has soared since then.

The Japanese trading conglomerate Mitsui will tap into the partnership with Animoca Brands to strengthen its Web3 business development.

Oil prices fell on Tuesday morning as further signs of weak demand out of China sparked bearish sentiment after a slow start to the week.

Jefferies said Berkshire's holdings in the five Japanese trading companies could go even beyond 10% in the future.

Animoca Brands, a Web3 technology company with a forward-looking perspective, has partnered with Mitsui, a Tokyo-based company.