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WSJ What’s News

Investors Are Flocking to Japan. Here’s Why.

WSJ What’s News

The Wall Street Journal

News, Daily News

4.14.2K Ratings

🗓️ 6 September 2023

⏱️ 15 minutes

🧾️ Download transcript

Summary

A.M. Edition for Sept. 6. Warren Buffett turned heads this year by announcing that Berkshire Hathaway owned more stocks in Japan than any country outside the U.S. As other investors pile in, the Journal’s River Davis and Macquarie Capital’s Damian Thong explain how long the world’s third-largest economy can continue its rally. Plus Amazon prepares to battle U.S. regulators in court with a breakup of its business at stake. And our exclusive reporting reveals China has banned government workers from using iPhones and other foreign-branded devices. Luke Vargas hosts. Learn more about your ad choices. Visit megaphone.fm/adchoices

Transcript

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0:00.0

This episode is brought to you by London Business School.

0:03.8

Looking to accelerate your business, or understand the opportunities in AI or ESG,

0:08.8

are you thinking about taking the plunge into entrepreneurship,

0:11.8

or about what leadership skills will take you to the next level?

0:15.0

To listen to the latest insights and discussion from LBS faculty,

0:18.6

subject experts and industry insiders,

0:21.4

look for podcasts from London Business School.

0:23.8

Navigate the now and be prepared for what's next with London Business School.

0:31.0

Amazon prepares to battle U.S. regulators in court

0:38.0

with a breakup of its business at stake.

0:41.0

Plus, China bans government workers from using iPhones.

0:46.0

And why Japan is Warren Buffett's preferred investment this year.

0:51.0

Investors having seen the success of noticeable prominent firms.

0:55.0

I'm now starting to venture more broadly into the Japanese equity market.

0:59.0

It gives hope for a sustainable performance of the market in the coming years.

1:02.0

It's Wednesday, September 6th.

1:04.0

I'm Luke Vargas for the Wall Street Journal,

1:06.0

and here is the AM edition of What's News,

1:09.0

the top headlines and business stories moving your world today.

1:18.0

We begin in China, where we've learned that officials

1:21.0

at central government agencies have been ordered not to use Apple's iPhones

1:26.0

and other foreign branded devices for work,

...

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