Nikkei (Free subscription) | 11/10/2008
Mitsui O.S.K., Kawasaki Kisen To Cut Container Ship ServicesTOKYO (Nikkei)--Mitsui O.S.K. Lines Ltd. (9104) and Kawasaki Kisen Kaisha Ltd. (9107) plan to reduce this month their container shipping services linking Asia with the U.S. and Europe, citing weaker demand amid the economic slowdown.
Nikkei (Free subscription) | 09/10/2008
Chuo Mitsui Trust Teams With China's Haitong SecuritiesTOKYO (Nikkei)--Chuo Mitsui Trust Holdings Inc. (8309) forged a business alliance Thursday with Haitong Securities Co., China's third-largest brokerage in terms of assets under management.
The Australian (Free subscription) | 08/10/2008
NEXUS Energy shares have slumped to a two-year low after Mitsui terminated the purchase of part of the Crux liquids project.
Nikkei (Free subscription) | 07/10/2008
Mitsui Invests Y13bn For Agribusiness Expansion In BrazilTOKYO (Nikkei)--Mitsui & Co. (8031) said Tuesday that it has invested around 13 billion yen to raise its stake in Multigrain AG, a Swiss-based company owning large plots of farmland in Brazil, to 39.4% from 27.5%.
Japan Times (Free subscription) | 06/10/2008
Mitsui Mining & Smelting Co., co-owner of Japan's biggest copper smelter, forecast a second year of profit declines on falling metal prices and higher energy costs. Net income will probably fall 36 percent to ¥5 billion for the 12 months ending next March 31, from ¥7.8 billion a year earlier, the Tokyo-based company said Monday. Mitsui Mining on April 28 expected to report a profit gain of ¥12 billion....
Nikkei (Free subscription) | 06/10/2008
Mitsui Kinzoku Sees Net Profit Falling 36% In FY08TOKYO (Nikkei)--Mitsui Mining & Smelting Co. (5706), or Mitsui Kinzoku, said Monday that group net profit will likely plunge 36% to 5 billion yen for the year ending March 2009, instead of rising to 12 billion yen as previously projected.
Japan Probe (Free subscription) | 04/10/2008
Kyodo News reports that the Japanese government considered using GSDF destroyer to escort luxury cruise ships as they passed the pirate-infested waters near Somalia: The sources said the Japanese cruise ships were the Asuka II of NYK Cruises Co. and the Nippon Maru of Mitsui O.S.K. Passenger Line Ltd. with some 1,600 people in total on [...]
Nikkei (Free subscription) | 02/10/2008
Mitsui Chemical To Lift Output Of Diesel-Fuel-Cleaning SolutionTOKYO (Nikkei)--Mitsui Chemicals Inc. (4183) is planning a 50% increase in production of AdBlue, a high-grade aqueous urea solution that is used to break down nitrogen oxides in diesel fuel.
Just Auto (Free subscription) | 29/09/2008
Hino will soon begin assembling trucks in Colombia in a $US20m project with Mitsui and Colombia's Praco-Didacol Group.
Reuters UK (Free subscription) | 29/09/2008
TOKYO, Sept 29 (Reuters) - Sumitomo Mitsui Financial Group (SMFG) said it would invest $270 million in OMC Card Inc , to help its credit card unit prepare for an imminent merger with two other firms.
Nikkei (Free subscription) | 26/09/2008
Mitsui Life To Delay TSE Listing To FY09 Or LaterTOKYO (Nikkei)--Mitsui Life Insurance Co. plans to postpone its public listing to fiscal 2009 or later because of a slump in the domestic stock market and a weakening of its core business.
Tokyo Times (Free subscription) | 25/09/2008
With the likes of Nomura Holdings and Sumitomo Mitsui currently delving into their cash-rich coffers to buy up large bits of Lehman Brothers and Goldman Sachs, it would seem that, for now at least, Japanese institutions may ride out the subprime storm relatively unscathed. The tremors felt by the nation as a whole may also be [...]
Reuters UK (Free subscription) | 24/09/2008
NEW YORK, Sept 24 (Reuters) - Japan's Sumitomo Mitsui Financial Group Inc has no plans to invest in Goldman Sachs Group Inc at this time but would consider a future request for capital, the Nikkei business daily reported.
Nikkei (Free subscription) | 24/09/2008
Mitsui Kinzoku To Resume Copper Mining Ops In PeruTOKYO (Nikkei)--Mitsui Mining & Smelting Co. (5706) has decided to resume production of copper ore at its Huanzala zinc mine in Peru.
Seeking Alpha (Free subscription) | 24/09/2008
Daniel M. Harrison submits: For global investors, there may be a glint of hope in recent events: the crisis in the U.S. financial sector may serve as a long-awaited boon for Japan’s “megabanks”. For many years, banks such as Mizuho Financial (MFG), Mitsubishi UFJ (MTG) and Sumitomo Mitsui Financial (SMFJY.PK) have been stuck in a stagnant domestic growth cycle that has limited the extent to which...
