Japan’s media outlook, the Nikkei Asian Review, is citing that Warren Buffett is considering additional investment in Japanese stocks, per Reuters.

Additional takeaways

“Buffett says holding 7.4% stake in five Japanese trading houses including Itochu.”

“Buffet to visit Japanese trading houses, Tungaloy Corp offices during his stay in Japan this time.”

Market reaction

The Japanese benchmark index, the Nikkei 225, is holding above the 28,000 mark on the encouraging headlines, up 1.36% on the day. Meanwhile, USD/JPY is feeling the pull of gravity, as it drops below 133.50, down 0.16% on the day.