Business · 17 November 2025
Japan Economy Shrinks as US Tariffs Hit Exports While Buffett's Berkshire Takes Major Alphabet Stake
AI Generated (Gemini)
Japan's economy contracted 1.8% in the third quarter, marking its first decline in six quarters as US tariffs significantly impacted exports. The contraction was driven by falling exports, weak domestic investment, and housing market pressures from new regulations. Meanwhile, Warren Buffett's Berkshire Hathaway revealed a surprising $4.3 billion stake in Google parent Alphabet, marking a rare tech investment for the value investing icon. The Alphabet purchase comprised 17.8 million shares and represents Berkshire's 10th largest holding, likely initiated by investment managers ahead of Buffett's planned CEO transition.
Reported by CNBC · How we write briefs