Asian stocks are mostly higher ahead of China’s top annual political gathering, while Japan’s benchmark surpassed the 40,000 level for the first time
Japan’s benchmark Nikkei 225 index has surged past the record it set in 1989 before its financial bubble burst, ushering in an era of faltering growth
Berkshire Hathaway has been busy buying Japanese stocks in recent weeks. The holding company upped its ownership in five trading houses to 8.5%. Long-term, it plans to up the stakes to 9.9%.Â