Tag - trading

 
 

TRADING

BUSINESS
Dec 28, 2016
U.S. charges Chinese trio of hacking law firms, gaining M&A info for insider trading
Three Chinese citizens have been criminally charged in the United States with trading on confidential corporate information obtained by hacking into networks and servers of law firms working on mergers, U.S. prosecutors said on Tuesday.
BUSINESS / Companies
Aug 29, 2016
Mitsubishi says three years needed for shift away from loss-producing commodities
Japan's biggest-trading house has had its fill of commodities.
BUSINESS / Companies
Aug 4, 2016
Energy rout fells Japan's venerated 'Big Three' trading giants
The energy price collapse is doing in Japan what the Great Depression and two world wars couldn't: put an end to a century of dominance by its three most prestigious companies.
Japan Times
JAPAN
Jul 19, 2016
Panama Papers link Japan's shady online brokers to tax havens
Investigation finds connections between tax havens and unauthorized online traders on the blacklist of Japan's financial regulator.
Japan Times
BUSINESS
Jul 14, 2016
Tokyo's fiery day traders gear up for year's biggest tech IPO
Day traders in Tokyo are famous for their love of technology companies, new listings and volatility. So many expect fireworks when messaging app Line Corp., the biggest tech initial public offering of the year, makes its Japan trading debut on Friday.
Japan Times
BUSINESS
Jun 7, 2016
Japan's trading houses trying to beat U.S. to Cuba
Japan's largest trading houses are positioning themselves in Cuba before any easing of U.S. sanctions, seeking opportunities in infrastructure, resources and automobiles as Havana emerges from near-isolation.
Japan Times
LIFE / Food & Drink
Jun 4, 2016
Beer essentials: The craft beer boom in Japan shows no sign of running dry
Tomoko Sonoda was a college student during the "Dry Wars," the years immediately following the 1987 release of the game-changing light lager Asahi Super Dry. She and her classmates held tasting parties for the spate of new brews that were released by the three other major breweries in an attempt to compete....
BUSINESS / Companies
May 9, 2016
Sumitomo Corp. misses profit target, warns of uncertainty
Sumitomo Corp. warned that its business outlook is becoming more uncertain after missing its full-year profit target due to widening impairments on its resources investments.
BUSINESS / Companies
Mar 25, 2016
Commodity rout cuts ¥970 billion from Japan's major trading houses
The nation's biggest trading companies, stalwarts of the economy, expect to book combined writedowns of at least ¥970 billion ($8.6 billion) as ill-timed investments in commodities ranging from shale gas to copper mines erode profitability.
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.

Longform

Professional cleaner Hirofumi Sakurai takes a moment to appreciate some photographs in a Gotanda apartment whose occupant died alone.
The last cleanup: Life and death in a lonely Japan