How Berkshire has changed

Quick Summary:

The life insurers and other dollar-leveraged investors in Asia dashed for local currencies when it began to look like dollar weakness would be here to stay.

Companies and central banks might then intervene by buying dollars and Treasuries, or selling domestic currencies.

As part of those deals, there might be a greater tolerance of Asian currency appreciation [by those countries’ central banks] . . . Trade wars lead to capital wars.

---

More Pictures

---

Read Quick SummarySave Time

or

Article Details

Author / Journalist: Robert Armstrong

Category: MarketsFinanceInvesting

Markets: United StatesChinaTaiwan

Topics: Currencies Dollar Taiwanese Years Currency Trade Berkshire Asian Dollars Might Assets

Source Website Secure: Yes (HTTPS)

News Sentiment: Negative

Fact Checked: Legitimate

Article Type: News Report

Published On: 2025-05-09 @ 05:30:04 (1 days ago)

News Timezone: GMT -5:00

News Source URL: ft.com

Language: English

Article Length: 1293 words

Reading Time: 8 minutes read

Sentences: 62 lines

Sentence Length: 21 words per sentence (average)

Platforms: Desktop Web, Mobile Web, iOS App, Android App

Copyright Owner: © Financial Times

News ID: 28506785

View Article Analysis

About Financial Times

Main Topics: MarketsFinanceInvesting

Official Website: ft.com

Update Frequency: 5 posts per day

Year Established: 1888

Headquarters: United States

News Last Updated: 11 hours ago

Coverage Areas: United States

Ownership: Independent Company

Publication Timezone: GMT -5:00

Content Availability: Worldwide

News Language: English

RSS Feed: Available (XML)

API Access: Available (JSON, REST)

Website Security: Secure (HTTPS)

Publisher ID: #3

Publisher Details

Frequently Asked Questions