One-stop bourse handling stocks and commodities to launch in Japan in summer 2020
Japan Exchange Group Inc. (JPX) and Tokyo Commodity Exchange Inc. said Tuesday they have agreed on a merger to launch the country's first all-in-one exchange that can handle both stocks and commodity futures. The bourses hope that the new exchange, to be introduced in summer ...
Global challenges lie ahead as sōgō shōsha hunt for growth
While many global companies, including the sōgō shōsha, face similar political, economic, social, technological, managerial and other risks — much too many to cover here — Japan's nearly complete dependence on natural resource and raw material imports from overseas and its shrinking domestic market ...
Big U.S. banks accept OPEC was right as they embrace oil near $80
Wall Street's biggest banks have changed sides and are embracing a surge in oil prices. Goldman Sachs Group Inc., Morgan Stanley and JPMorgan Chase & Co. have all issued a flurry of bullish forecasts in the past fortnight. They've abandoned their skepticism and are accepting ...
Belarus arrest of potash tycoon angers top ally Russia
As Belarus television showed the Russian head of OAO Uralkali, the world's biggest potash producer, being led around the courtyard of an undisclosed prison, Anatoly Lebedko knew exactly where it was: Amerikanka. Amerikanka, or American Lady, is the nickname of the Minsk prison operated by ...
Marc Rich, fugitive financier pardoned by Clinton, dies at 78
Marc Rich, a fugitive financier who made deals with shady international regimes and was on the FBI's Ten Most Wanted list before his controversial presidential pardon on Bill Clinton's final day in office in 2001, died Wednesday at a hospital in Lucerne, Switzerland. He ...
