Tokyo – Warren Buffett’s Berkshire Hathaway has raised its stake in Japanese trading giant Mitsubishi to over 10%, according to an announcement on August 28. The move sent Mitsubishi’s stock price to its highest level since July 2024.

BYD, one of China’s leading electric vehicle manufacturers, saw its Hong Kong-listed shares tumble nearly 8% on Monday after reporting a significant decline in second-quarter profit amid an escalating price war in the domestic EV market.

European equity markets closed lower on Friday as investors digested fresh inflation data from the EU and U.S., while concerns mounted over a potential windfall tax on UK banks.

Tesla’s sales in Europe plummeted in July, marking its seventh consecutive monthly decline, while Chinese rival BYD posted a dramatic surge, underscoring the intensifying battle in the electric vehicle (EV) market.

Despite beating Wall Street expectations and maintaining a strong growth streak, Nvidia’s shares slipped in after-hours trading as its key data center segment underperformed estimates.

Qantas shares soared to a record high on Thursday after the Australian flag carrier reported full-year earnings that beat market expectations, supported by resilient demand across its domestic and international routes.

NEW DELHI, Aug 27: Oil prices remained steady on Wednesday after a sharp drop in the previous session, as investors focused on developments in the Ukraine conflict and assessed the potential impact of new U.S. tariffs on India – the world’s third-largest crude consumer.

U.S. stocks advanced on Tuesday, August 26, as investors digested President Donald Trump’s unprecedented move to remove Federal Reserve Governor Lisa Cook and awaited quarterly earnings from chip giant Nvidia.

Nissan Motor shares in Tokyo tumbled on Tuesday after Mercedes-Benz announced plans to sell its 3.8% stake in the Japanese carmaker.

Global oil prices climbed sharply on August 25 as geopolitical tensions fueled concerns over potential supply disruptions.

Elon Musk once promised that the Cybertruck would start at around $40,000. However, reality paints a different picture: the price has already increased twice, while sales remain below expectations and Tesla faces mounting competitive pressure.

Foxconn, the world’s leading electronics manufacturer, is gradually reducing its reliance on Apple as revenue from AI servers and cloud solutions surpasses iPhone assembly for the first time.