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Berkshire’s Abel: Japan borrowing costs “relatively modest”

Berkshire Hathaway CEO Greg Abel said none of the five Japanese trading houses his company has stakes in have flagged Japan’s record-high interest rates as a fundamental challenge, calling it very manageable.

BRK.A

By Rebecca FengBerkshire Hathaway CEO Greg Abel said that none of the five Japanese trading houses his company has stakes in has noted the country's record-high interest rates as a "fundamental challenge.""I think they see it as very manageable," Abel told CNBC from Japan, where he is currently tra…