Tag - mitsui

 
 

MITSUI

Japan Times
BUSINESS
Sep 24, 2022
SMBC Nikko to face administrative penalties over stock manipulation
Based on the recommendation, the Financial Services Agency is expected to impose penalties on the firm, including an order for the company to suspend part of its operations.
Japan Times
BUSINESS
Sep 14, 2022
Wall Street push by Japan banks under scrutiny as rates rise
Faced with ultralow interest rates and tepid loan demand at home, banks in Japan have been ramping up corporate lending and bond underwriting overseas.
Japan Times
BUSINESS
Aug 31, 2022
Russia approves Japan stakes in Sakhalin-2 energy project
Two Japanese trading houses will maintain stakes in the Russian oil and gas project despite Tokyo joining sanctions on Moscow over the war in Ukraine.
Japan Times
BUSINESS / Companies
Aug 7, 2022
Mitsui Sumitomo Insurance to buy U.S. reinsurance broker for $400 million: Nikkei
Mitsui Sumitomo Insurance Company will spend about $400 million to buy U.S. reinsurance broker Transverse.
Japan Times
BUSINESS
Aug 6, 2022
Russia bans investors from 'unfriendly countries' from selling banking and key energy stakes
Western countries and allies, including Japan, have piled financial restrictions on Russia since it sent troops into Ukraine in late February.
Japan Times
BUSINESS
Aug 5, 2022
Japan government asks Sakhalin-2 stakeholders to 'think positively' about new entity
State gas company Gazprom will receive just over 50% of the entity replacing Sakhalin Energy, the current operator.
Japan Times
BUSINESS / Companies
Aug 4, 2022
Russia's Gazprom to get 50% of Sakhalin-2 LNG project replacement entity
Mitsui and Mitsubishi, which hold a combined 22.5% stake in the project, said separately that they are examining details of the new entity.
Japan Times
BUSINESS / Companies
Jul 21, 2022
Fate of Japan's interests in Sakhalin-2 project remains uncertain
The government hopes to help traders Mitsui & Co. and Mitsubishi Corp. keep their stakes after Moscow decided to effectively seize the project.
Japan Times
BUSINESS
Jul 1, 2022
Putin’s swoop on Sakhalin-2 gas plant could force Shell and Japan firms out
Firms have one month to say whether they'll take stakes in the new company, and those who opt out may not be fully compensated, the statement said.
Japan Times
BUSINESS
Jun 21, 2022
Sumitomo Mitsui to take 10% stake in SBI Holdings, source says
The deal would mark another significant acquisition for Sumitomo Mitsui after a string of other deals.
Japan Times
BUSINESS
May 13, 2022
Top Japanese banks warn of uncertainties as profit seen slowing
The banks expect bad loan costs to drop as the impact of the pandemic eases, but are bracing for a challenging year as the U.S. Federal Reserve and other central banks raise interest rates.
Japan Times
BUSINESS
Apr 22, 2022
Japan banks target growth in cooling U.S. high-yield debt market
The banks are facing increasing risks and dwindling opportunities, testing their staying power.
Japan Times
BUSINESS
Feb 23, 2022
Porsche car carrier fire drags on days after crew left ship
Thousands of Porsches, Lamborghinis and other Volkswagen vehicles were being transported by the vessel, with their worth estimated to be roughly $155 million.

Longform

Construction takes place on the Takanawa Gateway Convention Center in Tokyo, slated to open in 2025.
A boom for business tourism in Japan?