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Warren Buffett’s Berkshire takes 2.49% stake in Japan’s Tokio Marine

Business deals Partnership aims to reduce exposure to risk and to promote M&A collaboration Berkshire will acquire the stake through its core reinsurance unit, National Indemnity. (Nikkei montage/Source photos by Kazuma Shirokawa and Reuters) TOKYO — Warren Buffett’s Berkshire Hathaway will take a 2.49% stake in Tokio Marine Holdings, the Japanese insurer said Monday, marking […]

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Myanmar ruling party chief vows to seek peace, lower barriers to investment

Politics Khin ​Yi says country is open to dialogue with every country, including Western nations Union Solidarity and Development Party leader Khin ​Yi was elected speaker of Myanmar’s lower house on March 16. (Photo by Sadachika Watanabe) NAYPYIDAW — The leader of Myanmar’s military-backed ruling party said that he is eager to bring foreign investment back to […]