A flurry of acquisitions of coal assets by Japanese firms signals that some trading houses are betting a depressed coal market is bottoming out.» Read More
Trading house Marubeni Corp gained 1.4 percent to 498 yen after Barclays Securities lifted its price target on the stock to 700 yen from 650, saying the company had lower exposure to resources businesses than its peers. to 1,860 yen from 2,000, Mitsui& Co to 1,320 yen from 1,350, Sumitomo Corp to 1,190 yen from 1,230, and Itochu Corp to 1,070 yen from 1,100..
SINGAPORE, Oct 2- Asia's fuel oil market continued to weaken on Tuesday, with the prompt inter-month spread easing to a six-week low on lacklustre demand at a time when more supply is emerging. The balance October/November inter-month spread eased 50 cents to a backwardation of $2.38 a tonne, lowest since Aug. 21, according to Reuters data.
*Oil output at TNK-BP falls almost 1 pct in Sept vs Aug. Russia's oil output edged up 0.3 percent in September compared with August to reach 10.41 million barrels per day, encouraged by oil price increases.
Softbank Corp rose 4.4 percent after the mobile operator said it would acquire smaller rival eAccess Ltd. in a $1.84 billion deal, stepping up a fight for market share with competitor KDDI Corp. eAccess was untraded with a glut of buy orders by mid-morning, while KDDI lost 2.5 percent.
An insect with a voracious appetite, no domestic natural predators and a taste for everything from apples to lima beans has caused millions of dollars in crop damage and may just be getting started.
Mitsui & Co, a Japanese conglomerate with interests in a range of industries from logistics to finance, on Monday took a 58 percent stake in Singapore-based Car Club, Asia's pioneer car co-operative. Mitsui, which declined to say what it paid for the stake, plans to use Singapore as a springboard to expand its car sharing business around Asia.
Investors are concerned about a range of issues, from Europe's burdensome debt to stricter US regulations. As a result, inexpensive stocks are now even cheaper. Here are 10 US stocks that trade at massive discounts to the broader equity market and their peer groups.
Why Cramer sees promise in the production of this cleaner energy source, even if it isn’t for us.
Billion-dollar oil rigs are starting to see a tremendous amount of financial strain due to the enormous amount of oil spewing into the Gulf of Mexico.
Pure plays don’t work right now, so he’s looking for hybrids. And he may have found a good one in Swift Energy.
Steve Jobs’ latest product could give his company a leg in on what used to be the sole realm of PCs. Plus, Cramer reacts to Faber’s gold call, recommends an Internet play, talks retail and more.
The company’s conference call on Tuesday was a big success, the Mad Money host says. Check out his interview with the CEO.
James Hackett gives Cramer the inside scoop on the latest natural-gas deal.
Cramer describes what's behind the Dow's 124-point rally.
Nuclear power may indeed be poised for a renaissance as many in the industry hope, but there have been false promises in the past.
U.S. fund Cerberus Capital Management is likely to sell its $474 million stake in Japan's Imperial Hotel, the Nikkei business daily reported in its evening edition on Tuesday.