Tag - trading

 
 

TRADING

BUSINESS / Companies
Feb 4, 2016
Mitsui slashes profit forecast 21% amid rout in commodities
Mitsui & Co., the nation's second-biggest trading house, has lowered its full-year forecast 21 percent amid a collapse in commodity prices.
BUSINESS / Companies
Feb 2, 2016
Japan's trading houses face $13 billion hit on commodities misfire
A handful of companies that have dominated almost every kind of raw material business in Japan for decades may take as much as $13 billion in charges during the current fiscal year.
Japan Times
BUSINESS
Jul 17, 2015
Mitsui tries to pin down identity, says try-anything attitude has been key to its success
It earns more than Coca Cola Co., has operations in as many countries as Starbucks Corp., boasts a payroll almost as long as Google Inc. and has been around longer than Philadelphia. Yet many consumers outside of Japan probably haven't heard of it.
BUSINESS / Companies
Jun 23, 2015
Itochu exits U.S. shale foray with $1 sale
Itochu Corp. ended its $1 billion foray into U.S. shale by selling its 25 percent stake in Samson Resources Corp. back to Samson for $1.
Japan Times
BUSINESS / Companies
May 20, 2015
Mitsui CEO eyes food, retail amid profit slump
Mitsui & Co., the nation's top oil trader, is expanding its focus beyond raw materials as its incoming CEO contends with an expected 22 percent decline in profit this year.
BUSINESS / Companies
May 1, 2015
Itochu to boost dividends, expects 10% increase in profit
Itochu Corp., the third-largest trading house in the country by market value, will boost its dividend payout this year as it targets a 10 percent jump in profit.
BUSINESS / Companies
Apr 27, 2015
Writedowns put Japan's trading houses in tough spot
The country's top five trading houses have announced more than ¥570 billion in asset writedowns, or about half the net income the firms expect to report for last year. And that's probably not the end of it.
BUSINESS / Companies
Mar 4, 2015
Itochu selling China Food unit to Asahi group
Itochu Corp. has agreed to sell a Chinese food unit to Asahi Group Holdings Ltd., as the trading house seeks to raise funds ahead of its planned $5 billion investment in Citic Ltd. and to maintain its profit forecasts.
Japan Times
BUSINESS / Companies
Jan 6, 2015
Japan's traders call 2015 pivotal year as oil, yen aid growth
Japan's biggest trading houses are calling 2015 a pivotal year for the world's third-largest economy as cheap oil, easy money and a weaker yen promise to boost growth.
BUSINESS
Oct 2, 2014
$617 billion 'fat finger' error raises concern over Tokyo trading controls
The unleashing of ¥67.78 trillion ($617 billion) of mistaken stock orders in Japan is reviving concern about the accountability of brokers overseeing trades in the world's second-biggest equity market.
BUSINESS
Sep 26, 2014
Famed bedroom trader Takashi Kotegawa reveals his wealth secrets as he guns for $1 billion
It was six minutes after the opening bell on Feb. 4, and dozens of big-name stocks were still untraded in Tokyo. Telecommunications giant SoftBank Corp. was among those that hadn't budged. The offer price fell 5 percent, then more, and still there were no takers.
BUSINESS / Companies
Sep 22, 2014
Mitsubishi offers to buy Norwegian fishery Cermaq for $1.4 billion
Mitsubishi Corp. proposed to buy Norwegian fishery Cermaq ASA for 8.88 billion kroner ($1.4 billion) to expand its foods business.
BUSINESS / Markets
Sep 19, 2014
Independence-minded Scots spur signs of life in currency trading
Secession-minded Scots and diverging interest-rate outlooks have benefited at least one part of financial markets. They have eased the recent drought in currency trading with some platforms witnessing record volumes.
Japan Times
BUSINESS / Markets
Jul 31, 2014
Tokyo Stock Exchange moves toward longer hours as night session eyed
TSE moves toward longer hours as night session eyed
Japan Times
BUSINESS / Markets
Jul 22, 2014
TSE cuts tick sizes for 80 stocks
The Tokyo Stock Exchange on Tuesday began allowing smaller price increments on shares of about 80 of Japan's biggest companies as the bourse seeks to win back business from private trading venues.
Japan Times
BUSINESS / Companies
May 7, 2014
Rogue trader: most illicit deals unnoticed
Less than 5 percent of unauthorized financial trading cases may be getting reported, said Toshihide Iguchi, whose trading losses led to the 1995 shutdown of Daiwa Bank Holdings Inc.'s U.S. operations.
BUSINESS / Markets
Dec 19, 2013
Confidant of hedge-fund billionaire Cohen found guilty of insider trading
A top lieutenant to billionaire Steven A. Cohen was convicted of insider trading Wednesday in a verdict that could strengthen the government's outstanding cases involving the storied hedge fund Cohen created two decades ago.

Longform

A store clerk tries to cool things down in front of their shop by spraying a hose.
Is extreme weather changing the way Japan shops?