Sumitomo Trust & Banking and Chuo Mitsui have agreed to merge, which will create Japan's largest trust bank with assets under management of Y58,000bn ($647bn).
Sumitomo Trust & Banking and Chuo Mitsui agreed yesterday to a merger that would create Japan's largest trust bank, with total assets under management...
Toyota's exit from Formula One this week was as traumatic for the carmaker as it was for Japanese racing fans.
Gold purchases do nothing to change the monstrous growth of reserves in surplus nations, particularly in Asia, which means they also do nothing...
Even in a year of continual turmoil – sponsors pulling out, teams threatening a breakaway series, a race-fixing scandal – the sport has rarely...
Gold hit a fresh peak above $1,100 an ounce on Friday but crude oil prices fell as a disappointing rise in US unemployment fuelled concerns about...
Lack of racing success and economic slump sees Japanese carmakers all but vanish from the top level of motor racing
Last negotiations ahead of of Copenhagen climate change summit end with many issues unresolved and continuing threat of developing countries walkout
Nord Stream, the proposed gas pipeline between Russia and Germany, clears two crucial hurdles as Sweden and Finland give the go ahead for the $7.4bn...
All the world's big economies are seeing strong signs of recovery from the worst global recession since the Great Depression, according to data...
Japan's number five and eight banks by market capitalisation confirmed reports they are in merger talks to form the country's largest trust bank
Gold traded within touching distance of its record high while oil prices rose and base metals inched higher in cautious trading ahead of vital...
Sumitomo Trust & Banking and Chuo Mitsui Trust are in merger talks to create Japan's largest trust bank by assets
NEC has become the latest of Japan's large electronics companies to raise capital to shore up a recession-hit balance sheet, announcing a Y145bn...
The Italian energy group and the London-listed oil exploration company have signed a preliminary agreement that could result in up to $50bn of...
Nitin Desai, a member of Manmohan Singh's council on climate change, says a hard-nosed concession-based negotiation to reach a consensus on how...