Fri Sep 26 12:30:00 UTC 2025: Okay, here’s a summarized news article based on the provided text:

**Headline: Inflation Watch, TikTok Deal Progress, and Berkshire’s BYD Exit: Global Markets in Focus**

**Summary:**

Global markets are closely watching the upcoming U.S. Personal Consumption Expenditures (PCE) price index report on Friday, as it will heavily influence expectations regarding future Federal Reserve policy. A higher-than-expected inflation reading could raise concerns that the Fed’s recent interest rate cut was premature. Adding to the uncertainty, Treasury yields rose *after* the cut, suggesting some bond market skepticism. Despite these concerns, U.S. stock markets enjoyed a strong week, with the S&P 500 and Dow Jones Industrial Average reaching record highs.

In other news, the U.S. and China continue discussions on a TikTok deal, with progress reported but no final agreement reached. There are indications the U.S. will maintain significant control over the app, and the Murdochs may be involved.

Meanwhile, South Korean President Lee Jae Myung warned of a potential economic crisis if a planned $350 billion investment in the U.S. lacks currency swap protections.

On a positive note, Chinese electronics firm Luxshare saw its shares jump following reports it’s producing a consumer AI device for OpenAI.

Finally, it has been revealed that Berkshire Hathaway has fully exited its stake in Chinese electric vehicle maker BYD, a highly profitable investment originally made at the urging of Charlie Munger. Berkshire Hathaway made its initial purchase of BYD 17 years ago at the urging of Charlie Munger. At the 2009 annual meeting, he told shareholders that even though it looked like Warren and I have gone crazy, he saw the company and its CEO, Wang Chuanfu, as a damn miracle. It was an incredible call. BYD shares increased by roughly 3890% during the years Berkshire owned them. A Buffett Watch reader, however, pointed out that the Q1 financial filing by Berkshire Hathaway Energy, the subsidiary that held the shares, listed the value of the investment as zero as of March 31.

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