Berkshire Effect Boosts Asian Markets

Major stock exchanges across Asia-Pacific posted notable gains on Tuesday, fueled by Berkshire Hathaway’s announcement of increased investments in leading Japanese firms, including Mitsubishi, Marubeni, Mitsui, Itochu, and Sumitomo. Japan’s Nikkei 225 index was a key beneficiary, rising by more than 1%.

Hong Kong stocks also climbed significantly, buoyed by BYD’s unveiling of its ultra-fast charging platform, boasting twice the power of Tesla's chargers.

In mainland China, the Shanghai Composite Index remained largely unchanged, whereas the Shenzhen Composite Index saw a modest gain of 0.34%. Hong Kong’s Hang Seng Index surged by 1.93%.

South Korea’s Kospi Composite Index increased slightly by 0.14%, and Australia's S&P/ASX 200 rose by 0.08%.

Meanwhile, the U.S. dollar traded 0.37% higher against the Japanese yen at 149.76750 yen per dollar.