Mitsubishi News

Japan's Mitsubishi Corp has muscled in on rivals in grain trading to become the country's top importer of feed wheat this year, trading sources said, as the Asian nation boosts purchases in response to higher prices of U.S. corn.

The ratings on Japan Retail Fund Investment Corp. reflect its highly diversified asset portfolio, comprising high-quality real estate properties and representing the largest portfolio among listed Japanese REITs that specialize in retail properties, as well as the highly regulated nature of J-REITs in general.

It undertakes treatment, liquefaction, storage and export of LNG. The company operates an LNG liquefaction plant with an annual capacity of 7.5 million tons .

General trading companies, or sogo shosha , play a unique role in Japan's economy.

Japanese companies are buying natural gas assets and fields around the world, setting the nation on course to be the first of the 10 largest energy users to bet its future on a less-polluting fuel than oil or coal.

Talks are set to begin for reconciling a legal battle over the sale of a stake in a Chilean copper mining firm to Mitsubishi Corp.

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ENERGY Talks focus on Chevron project Tokyo Electric Power said it is in talks with three Japanese companies to jointly invest in Chevron's Wheatstone natural gas project in Australia.

CHINA CONNECTION: Asian energy giant PetroChina plans to join with Shell Canada and major energy companies in Japan and South Korea to develop a liquefied natural gas export project in British Columbia.

MC Machinery Systems, Inc., a subsidiary of Mitsubishi Corp., recently unveiled its completely revamped wire EDM line, featuring the revolutionary Cylindrical Drive Technology, offering a simple, but intelligent design concept.

Japan's trading houses are targeting deals to secure platinum and palladium supplies to meet expected shortages later this decade, when tighter rules on auto pollutants and higher car sales boost demand for the metals used in autocatalysts.

Businessmen walk in front of an electronic board showing the Nikkei 225 index at the Tokyo Stock Exchange in Tokyo on January 20, 2012.

Nippon Yusen, Japan's biggest shipping company, is in talks with Tokyo Electric Power Co and trading house Mitsubishi Corp to buy a stake in Australia's Wheatstone gas project, a Nippon Yusen spokesman said on Wednesday.

Exploration will be conducted for several years across tens of thousands of square kilometers of Australia where little or no previous exploration has yet been undertaken.

Royal Dutch Shell and partners from China, South Korea and Japan said on Tuesday they are planning a multibillion-dollar liquefied natural gas plant on Canada's West Coast, the latest in a string of proposals aimed at moving huge quantities of domestic shale gas to lucrative Asian markets.

The following are mergers under review by the European Commission and a brief guide to the EU merger process: -- POSCO Chemtech, which is a subsidiary of South Korean steelmaker POSCO ; Japan's Mitsubishi Chemical Holdings Corp and Japanese trading house Mitsubishi Corp to set up a joint venture -- British credit information group Experian and ... (more)

EOG Resources said on Wednesday it received its first crude from the Bakken shale oil fields in North Dakota at the St.

Japan's largest trading house Mitsubishi Corp. said Tuesday full-year net profit edged down 2.3 percent due to rising costs and a slump at its Australian unit.

Stocks recover from their brief dip into the red but investors are sticking to the sidelines ahead of the budget this evening.