News: Sumitomo Corp (8053.T)
Wed, Feb 5 2014
SYDNEY - Japanese Sumitomo Corp has acquired full ownership of Emerald Grain, the Australian bulk grain handler said on Thursday, the latest foray by a foreign entity into the Australian agricultural sector.
Jan 22 - Sherritt International Corp said on Wednesday its Ambatovy nickel operations in Madagascar had achieved commercial production.
YANGON, Jan 10 - Japan's KDDI Corp and Sumitomo Corp are likely to partner of Myanmar's state-backed telecommunications operator to expand services in one of the world's least-connected countries, a Sumitomo official said.
(Refiles to correct typographical error in quote in third paragraph)
SINGAPORE, Dec 19 - Singapore-listed Yoma Strategic Holdings Ltd said on Thursday it had signed a joint venture agreement with Japanese trading house Sumitomo Corp to distribute and service Hino trucks and buses in Myanmar.
YANGON, Nov 19 - Myanmar aims to lure private companies to upgrade and run nearly half its airports in a bid to spruce up its poor record on air safety and support a fast-growing tourism industry, officials said on Tuesday.
TOKYO - Japan's giant trading houses plan to scale back investments in new energy and mineral assets due to weaker than hoped for returns and focus instead on consumer goods, infrastructure and machinery for growth.
* Trading houses shift investment focus towards non-resource
MELBOURNE/LONDON, Oct 25 - Rio Tinto has agreed to sell its majority stake in Australia's third-largest thermal coal mine to Glencore Xstrata and Japan's Sumitomo Corporation for just over $1 billion, pushing ahead with plans to focus on larger, core operations.
TOKYO, Oct 25 - Japan's Sumitomo Corp said on Friday it and Glencore Xstrata PLC will buy a 50.1 percent stake in the Clermont coal mine in Australia from Rio Tinto for $1.015 billion.