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2 items- NEWSWarren Buffett's Prediction Comes True: Japanese Banks To Profit From BoJ's Positive RatesThe banking sector in Japan stands on the brink of significant profit gains following the Bank of Japan’s (BoJ) decision to move away from negative interest rates, a policy in place for the last eight years. This landmark shift heralds a period of windfall profits for leading financial institutions such as Mitsubishi UFJ Financial Group Inc. (NYSE:MUFG), with their substantial reserves at the central bank now poised to generate higher returns. Unpacking The Financial Windfall Recent reports from Bloomberg reveal that top Japanese banks have been sitting on a combined reserve of 106.7 trillion yen ($712 billion) at the BoJ, earning no interest. Additionally, they hold another 79.4 t
- NEWS'Seven Samurai' Stocks: Goldman Sachs Picks Leading Japanese Equities — How Do They Compare To The Magnificent Seven?Japanese equities are experiencing a revival after outperforming most of their global peers for the last 18 months. This is fruitful news for investors like Warren Buffett, who placed his money in the Japanese market as early as August 2020. After 25 years, Japan’s Nikkei 225 index hit a new all-time high. In contrast to the Nasdaq or S&P 500, this performance wasn’t a result of a handful of highly valued stocks. And, this doesn’t mean analysts don’t have favorites. Per Nikkei Asia, Goldman Sachs rounded up seven names that stood out, baptizing them as the "Seven Samurai" — in comparison to the U.S. market darlings, the Magnificent Seven. What Are The Seven Samurai Stocks? The follo