Berkshire to boost investments in Japanese trading houses

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NEW YORK : Warren Buffett said on Saturday that his conglomerate Berkshire Hathaway will likely increase its ownership in the five Japanese trading houses it holds.

"This was a good value investment when others may have looked at them as value traps," said Cathy Seifert, an analyst at CFRA Research who rates Berkshire a "hold".

FILE PHOTO: Berkshire Hathaway logo is displayed on a screen on the floor of the New York Stock Exchange (NYSE) in New York City, U.S., May 10, 2023.

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Article Details

Category: EconomyBusiness

Markets: SingaporeJapan

Topics: Berkshire Currency Ownership Buffett Japanese Houses Five York Conglomerate Trading Billion

Source Website Secure: Yes (HTTPS)

News Sentiment: Negative

Fact Checked: Legitimate

Article Type: News Report

Published On: 2025-02-23 @ 01:13:20 (9 hours ago)

News Timezone: GMT +8:00

News Source URL: channelnewsasia.com

Language: English

Article Length: 447 words

Reading Time: 3 minutes read

Sentences: 20 lines

Sentence Length: 23 words per sentence (average)

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Copyright Owner: © Channel News Asia

News ID: 26334460

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