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Stocks Mitsui & Co Ltd

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  • TOKYO, Aug 28- Japan's Nikkei share average surged more than 2 percent on Friday, helped by further gains on Wall Street after strong U.S. economic data buoyed sentiment that had been shaken by fears of a China- led global economic slowdown. Commodity-related stocks led the rally after oil prices rocketed overnight and other commodity prices soared, with trading...

  • TOKYO, Aug 19- Japan and Iran will start negotiations on an investment accord once sanctions are lifted following last month's landmark international deal on Tehran's nuclear programme, the Nikkei reported on Wednesday, citing Japanese government sources. Japan is keen to boost ties with Iran and invest in resource projects in the country, as well as return...

  • SAO PAULO, August 17- A Brazilian judge sentenced Nestor Cervero, former international chief of state-run oil firm Petrobras, to just over 12 years in prison on Monday for corruption and money laundering related to a bribe allegedly paid to the speaker of Brazil's lower house of Congress. Cervero and two other defendants are accused of organizing bribes from...

  • The Commerce Department's approval came as momentum for exports has been growing on Capitol Hill, where a bill to reverse the ban will be debated on the Senate floor after the August recess. Congress passed the export ban after the 1970 s Arab oil embargo led to snaking lines at gas stations and fears of a global energy shortage. January 2014- Senator Lisa...

  • MAPUTO, July 27- A coal stacker has collapsed at the Mozambique port of Nacala, dealing a blow to Brazilian miner Vale's effort to start coal shipments from the African nation in the third quarter, sources told Reuters on Monday. The giant piece of machinery, which is used to handle coal and other bulk materials, buckled last week, according to a mining industry...

  • KUALA LUMPUR, May 18- Tokyo Gas Co Ltd, Japan's biggest gas utility, is looking to invest in more U.S. shale gas production as a hedge to liquefied natural gas imports from the United States to start next year, a company executive said on Monday. The company has inked contracts to buy 1.9 million tonnes per year of LNG from U.S. producers and aims to invest in an equal...

  • Banks including Goldman Sachs Group Inc, Citigroup and Morgan Stanley are looking to hire more bankers in India and are now regularly attending "bake-offs" to pitch for advisory roles on deals, according to several banking industry sources. Foreign money has been pouring into India's fast-growing e-commerce sector, with investors ranging from Japan's...

  • Sumitomo to increase holdings Mitsui to boost holdings of FX-hedged and unhedged bonds by around 50. Taiyo to consider slightly increasing holdings; hedge ratio likely to. Daido to further increase holdings after buying 360 bln yen last FY Fukoku to invest 200 bln yen in hedged foreign bonds for this FY Asahi to invest 200 bln yen in foreign bonds for this FY.

  • JAKARTA, April 14- BP said it would be tough to proceed with financing for a planned third LNG train at its Tangguh project in West Papua, Indonesia, without buyers for the remaining 1.3 million tonnes of annual output from the production plant. The situation in Asia is set to get worse as two LNG projects in Australia come onstream this year, crowding an already...

  • JX shuts Caserones copper ops in Chile due to bad weather Wednesday, 25 Mar 2015 | 10:22 PM ET

    TOKYO, March 26- Japan's JX Nippon Mining& Metals, a subsidiary of JX Holdings Inc, said on Thursday its Caserones copper mine in northern Chile had been shut due to bad weather. Caserones is 77.37 percent- owned by Japan's top copper smelter, Pan Pacific Copper, a business controlled by JX Nippon Mining& Metals. Torrential downpours in the north of Chile, the world's...

  • LONDON, March 6- The former chief executive of the London Metal Exchange, Martin Abbott, has been appointed as an independent non-executive director of Mitsui& Co. Commodity Risk Management, the company said on Friday. MCRM is a wholly owned unit of Mitsui& Co., one of Japan's top two trading houses. MCRM said in a statement that Abbott would remain in the same post...

  • Japanese firms snap up coal assets Sunday, 21 Dec 2014 | 8:02 PM ET

    A flurry of acquisitions of coal assets by Japanese firms signals that some trading houses are betting a depressed coal market is bottoming out.

  • Deutsche Securities employee, client arrested in Japan Thursday, 5 Dec 2013 | 12:28 AM ET
     Deutsche Bank

    Tokyo police arrested a Deutsche Securities employee for suspected bribery after the Deutsche official spent thousands of dollars on entertainment.

  • Nikkei Business Report Friday, 17 May 2013 | 4:40 AM ET
    Nikkei Business Report

    Mitsui, Mitsubishi and Nippon Yusen reached a joint venture agreement with the U.S. firm Sempra Energy. The project, estimated to cost $10 billion, plans to produce 12 million tons of liquefied natural gas a year by 2017, or equivalent to 10% of annual Japanese demand. The Nikkei's Sachiko Kishida reports.

  • beijing construction.jpg

    South Korean construction stocks have lost almost 20 percent of their value this month, falling to levels last seen four years ago.

  • Woodside Shelves $40 Billion Australia LNG Project Thursday, 11 Apr 2013 | 11:45 PM ET
    Liquifaction Plant

    Woodside Petroleum has shelved plans for its $40 billion Browse liquefied natural gas project in Western Australia, saying it will consider a floating LNG plant instead.

  • US Boom Times Ahead? Maybe, Thanks to Shale Gas Tuesday, 26 Mar 2013 | 12:36 PM ET
    Workers make a pipe connection on the drill string on the Orion Perseus drilling rig that is currently drilling for oil and gas in the Eagle Ford Shale, Webb County, Texas.

    With cheap shale gas making the US a magnet for industrial companies, many economists are positing a return to industrialization after more than a decade of consumption-led growth.

  • US Shale No Panacea for Japan's Crippling Energy Bills Monday, 25 Mar 2013 | 11:21 PM ET

    U.S. shale gas may not be the panacea being touted by Japan's politicians and companies to sharply reduce the country's crippling energy bills.

  • TOKYO, Oct 31- Japan's Nikkei share average was seen moving higher on Wednesday after losing 1 percent on profit-taking a day earlier when the Bank of Japan eased monetary policy in line with expectations. ``Since the reaction to the BOJ was fully priced in yesterday, I think we should bounce back today,'' said Toshiyuki Kanayama, senior market analyst at Monex. ``The index should be steady, with some small gains, although there's a lack of incentives because the U.S. wasn't open.'' Market players said the Nikkei was likely to trade between 8,850 to 8,950 on Wednesday.

  • RIO DE JANEIRO, Oct 25- Brazilian mining company Vale SA plans to sell underperforming assets to control costs and boost profit, executives said on Thursday, a day after reporting weak earnings and halting work on a giant iron ore mine in the West African nation of Guinea.