Winnie Hsu

Elliott Management Corp. has built a “large” stake in Sumitomo Corp., one of Warren Buffett's favorite Japanese trading houses , according to a person familiar with the matter.

Sumitomo Corp. shares surged by the most since August 2020 after activist investor Elliott Management Corp. was said to have built a “large” stake in the Japanese trading house.

Sumitomo Corp. shares surged by the most since August 2020 after activist investor Elliott Management Corp. was said to have built a “large” stake in the Japanese trading house.

Winnie Hsu · Sumitomo Shares Jump After Elliott Reported to Build Stake

Asian shares advanced Tuesday, led by Japanese equities and as the latest data from China underscored the recovery in the world's second-biggest economy.

Asian Stocks Decline as Focus Turns to Fed Meeting: Markets Wrap

US stock futures slipped and the dollar rose on renewed concerns about higher-for-longer US interest rates, with all eyes on the Federal Reserve's policy

(Bloomberg) — U.S. stock futures slipped and the dollar rose on renewed concerns about higher and longer U.S. interest rates, with all eyes on the expected Federal Reserve policy decision later Wednesday.

Japan’s Nikkei 225 index slid after recording its worst month since December 2022.

(Bloomberg) -- Elliott Management Corp. has built a “large” stake in Sumitomo Corp., one of Warren Buffett’s favorite Japanese trading houses, according to a person familiar with the matter. Most Read from BloombergMusk Wins Tentative Clearance for Tesla Driving System in ChinaMusk Makes Surprise China Visit in Search of Tesla Revenue BoostElliott Built ‘Large’ Stake in Buffett-Favored Sumitomo, Source SaysYen Sparks Intervention Suspicion After U-Turn From 1990 LowsYen Watchers Ask When Japan W