TOKYO, Aug 15 Kansai Electric Power and
Marubeni have delayed construction of a 1,300 megawatt
coal-fired power plant in northern Japan clouding the station's
future, amid a shift away from the most polluting fossil fuel.
* Ichthys likely to contribute 65 bln yen to Inpex FY profit
TOKYO The U.S.-China trade war has weighed on the profits of Marubeni Corp's U.S. agri-businesses, but the Japanese trading company has no plans to change its U.S. strategy, a senior executive said on Friday.
TOKYO Japan's top steelmaker Nippon Steel Corp on Thursday forecast a 56% drop in business profit in the year through March 2020, as surging iron ore prices and slumping demand in Asia erode its margins.
TOKYO Marubeni Corp said on Friday that its U.S.-based unit, Columbia Grain Trading Inc, has stopped all new soybean sales to China because falling sales volumes to the country due to the trade war with the United States have cut earnings.
TOKYO, July 26 Marubeni Corp said on
Friday that its U.S.-based unit, Columbia Grain Trading Inc, has
stopped all new soybean sales to China because falling sales
volumes to the country due to the trade war with the United
States have cut earnings.
TOKYO/NEW DELHI Asian oil refiners are being squeezed by rising freight rates and insurance costs for shipping crude from the Middle East after attacks on ships in the Gulf last month, industry officials and analysts said.
TOKYOThe mining and smelting unit of giant Japanese energy-to-metals company JXTG Holdings plans to drill down into the world of consumer electronics and high-tech batteries to beef up profits while pausing on traditional, high-investment base metals projects that drain resources.
* July-September premiums mark second straight quarterly
TOKYO Saudi Arabian Energy Minister Khalid al-Falih said on Monday that countries need to cooperate on keeping shipping lanes open for oil and other energy supplies after last week's tanker attacks in the Middle East to ensure stable supplies.