Itochu (8001 JT)
- To report 8% drop in 9-month net income to around JPY 200bln, maintain JPY 280bln FY forecast. (Newswires)
- Itochu said that they are not the source of the reports. (Newswires)
Kirin (2503 JT)
- Thai billionaire tops bid by OUE and Kirin for Fraser & Neave. Note: shares dropped 2.2% on Nov. 16 after the initial bid. (Newswires)
- May sell F&N stake to Thai Beverage. (Kyodo)
Mitsubishi (8058 JT)
- Takes 50% stake in Netherlands wind park. Investment reported to be JPY 10bln. (Nikkei)
Sony (6758 JT)
- Co. starts shipments of image sensors for smartphones. (Nikkei)
Solar power producers
- Government plans to cut price paid for solar power. (Jiji)
Construction companies
- Japan plans to increase spending for reconstruction from 2011 earthquake. The planned reconstruction budget is JPY 3trl. (Nikkei)
Print 23:36, 21 Jan 2013 - Asian News - Source: Newswires / Nikkei / Kyodo
RANsquawk provides audio news and commentary for over 15,000 professional traders and brokers worldwide. Services include: