Wednesday, March 19, 2025

Creating liberating content

Puffy heads, chicken legs, taller space height and reduced density

NEW DELHI: Hudco will become a zero NPA company with

Related News

Puffy heads, chicken legs, taller space height and reduced density – as Crew-9 astronauts face all these health implications on their return to Earth after nine months in space, they

NEW DELHI: Hudco will become a zero NPA company with no bad loans in its books in the next 18 months, following resolution of projects worth around Rs 1,200 crore

MUMBAI: A US-trained commercial pilot with HIV on Tuesday told the Bombay HC that Directorate General of Civil Aviation (DGCA)’s certification deeming him fit to fly as a commander but

Tesla on Tuesday received the first in a series of approvals from California required for the electric car maker to eventually launch a promised robotaxi service in the state, according

Kolkata Knight Riders’ IPL home match against Lucknow Super Giants on April 6 at Eden Gardens is likely to be rescheduled, as the city police have not given

The Yemeni Huthi rebels, supported by Iran, announced on Wednesday that they conducted a fresh strike on US naval vessels in the Red Sea, claiming their fourth assault on the

Trending News

NEW DELHI: Hudco will become a zero NPA company with no bad loans in its books in the next 18 months, following resolution of projects worth around Rs 1,200 crore

India’s Largest Pvt Debt-Raise In Domestic Currency To See Participation Of 15 InvestorsMUMBAI: Five private credit funds, including Davidson Kempner Capital Management, Cerberus Capital Management and Ares Management Corp, will

Top stocks to buy (AI image) Stock market recommendations: According to Mehul Kothari, DVP – Technical Research, Anand Rathi Shares and Stock Brokers, BHEL, Astrazeneca Pharma and Maruti Suzuki India

Better Domestic Macro Indicators Also Contribute To RallyMUMBAI : Equity markets rebounded on Tuesday, with sensex gaining 1,131 points and Nifty 50 rising 325 points as investors bought beatendown stocks,

Gold prices surged by Rs 500, reaching a record high of Rs 91,250 per 10 grams in the national capital on Tuesday. This increase was driven by continued buying from

MUMBAI: RBI has pumped in over Rs 5 lakh crore into the banking system since mid-Jan through bond purchases, forex swaps and early-April maturity repos. To ensure that liquidity remains

Shares of Japan’s largest trading houses rally as Buffett hikes stake

Word Count: 211 | Estimated Reading Time: 2 minutes


Warren Buffett’s Berkshire Hathaway raised its stakes in Mitsubishi Corp., Mitsui & Co., Itochu, Marubeni and Sumitomo — all to 7.4%.

Bloomberg | Bloomberg | Getty Images

Shares of the largest Japanese trading houses rallied on Tuesday after Warren Buffet’s Berkshire Hathaway raised its stakes in them overnight.

The 94-year-old investor’s holding company raised its holdings in five Japanese trading houses — Itochu, Marubeni, Mitsubishi, Mitsui and Sumitomo — by more than 1 percentage point each, to stakes ranging from 8.5% to 9.8%, according to a regulatory filing.

Shares in all five companies rose at least 4% shortly after the open. Itochu and Marubeni were the top movers, advancing 4.12% and 4.55% respectively, as at 10.05 a.m. local time.

The five companies are the biggest “sogo shosha,” or trading houses, in Japan and invest across a wide range of sectors both domestically and abroad, “in a manner somewhat similar to Berkshire itself,” Buffett said.

He previously indicated his intention to increase his ownership in Japanese stocks – especially the five largest trading houses – in his annual letter to shareholders released in February.

Berkshire had bought into the five houses in the summer of 2019. Its Japanese holdings amounted to $23.5 billion at the end of 2024, at an aggregate cost of $13.8 billion.

— CNBC’s Yun Li and Hakyung Kim contributed to this report.



Source link

Most Popular Articles

Sign In

Welcome ! Log into Your Account