News Headline Summary

Pre-market Japanese stock news...

Sojitz Corp (2768 JT)
- Co. will launch a business in Myanmar wholesaling food and household items under a partnership with a local retail giant. (Nikkei)

Toyota Motor Corp. (7203 JT) and Suzuki Motor Corp. (7269 JT)
- Co.s cancelled local production in Egypt out of concern for workers' safety amid the ongoing turmoil. (Nikkei)

Nippon Steel & Sumitomo Metal Corp. (5401 JT)
- Co. plans to provide electricity generated at its Yawata Works in Fukuoka Prefecture to its Kokura Works about 3km away to cut energy costs. (Nikkei)

Broker moves:
- Showa Shell (5002 JT) cut to neutral at Mitsubishi UFJ Morgan Stanley.
- Sumitomo Metal Mining (5713 JT) cut to neutral at Macquarie.

15 Aug 2013 - 23:24 - Equities - Source: Newswires/Nikkei

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