Mitsui & Co. (8031) and Mitsubishi Corp. (8058), Japan's biggest trading companies, expect a weaker yen to add almost $1 billion to profit this year, putting them on track to outpace their domestic peers in net income growth. With both companies ...

Panasonic Corp 6752.T sold some $1 billion worth of stocks in companies such as Toyota Motor Corp 7203.T as part of a plan to offload assets to bolster its finances, two sources with knowledge of the deals said. Panasonic booked a gain of 30 billion ...

TOKIO (Reuters) - Panasonic Corp vendió el equivalente de unos 1.000 millones de dólares de acciones en empresas como Toyota Motor Corp como parte de un plan que busca liberarse de activos para reforzar sus finanzas, dijeron dos fuentes con ...

Aquila Resources shares have tumbled after the miner suffered a setback to its plans to raise capital via asset sales to help fund a $7.4 billion iron ore project after Sumitomo Corp pulled out of a coal exploration partnership. A memorandum of ...

KUCHING: Press Metal Bhd plans to divest 20% equity interest in its wholly-owned subsidiary, Press Metal Bintulu Sdn Bhd (PMB), to Japans listed company, Sumitomo Corp. Press Metal and Sumitomo have signed a memorandum of understanding (MoU) on the ...

Sumitomo Electric Industries announced it will showcase its Thunderbolt cables at NAB Show 2013 which is taking place April 8-11, in Las Vegas, Nevada. According to a release, Sumitomo Electric will showcase three types of Thunderbolt cables (metal, ...

April 2 (Bloomberg) -- The dollar touched a one-month low against the yen amid speculation the Federal Reserve will maintain stimulus and ahead of a two-day Bank of Japan meeting. Metals fell while Australia's dollar and grains rose. The greenback ...

Aquila Resources (>> Aquila Resources Limited) on Monday suffered a set back to its plans to raise capital via asset sales to help fund a A$7.4 billion ($7.6 billion) Australian iron ore project after Sumitomo Corp (>> Sumitomo Corp) pulled out of a ...

News and developments in Asia private equity from Reuters News for the week ending April 26. JAPAN'S SUMITOMO Mitsui Banking Corp is in advanced talks to buy a $1.2 billion stake in BTPN, an Indonesian lender backed by TPG Capital, people familiar ...