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Tokyo Stocks Split as Wall St. Declines; Hope for Easing U.S.-China Tensions
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Tokyo shares started the day with a mix of gains and losses on Wednesday, as selling pressure following declines on Wall Street overnight was counterbalanced by purchases driven by optimism about reduced trade tensions between the United States and China. During the initial 15 minutes of trade, the Nikkei 225-share average dropped by 43.78…
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Who Is Greg Abel? The Billionaire Heir Set to Take Over a $1.1 Trillion Investment Empire
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Warren Buffett, the billionaire chairman, stated he plans to resign from his role as CEO of Berkshire Hathaway before the end of this year, transferring control of the $1.1 trillion multinational conglomerate to Greg Abel, a relatively quiet Canadian executive who has served as one of his key deputies for many years. Over the…
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Chinese Tycoons Shift Focus: From U.S. to Singapore and Malaysia Real Estate
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As China’s affluent shift their attention away from the United States due to escalating political strains, they are instead directing their investments towards real estate in Malaysia, Singapore, and Australia. The survey conducted last month by the real estate technology company Juwai IQI revealed that the United States fell from first place to seventh…