Mitsui

Sumitomo Mitsui Plans to Strengthen Partnership with Jefferies for Global Expansion

3 months ago

In a surprising move that has caught the attention of the financial world, Sumitomo Mitsui Trust Holdings Inc. is reportedly seeking to deepen its collaboration with Jefferies Financial Group Inc. This initiative is part of a broader strategy aimed at advancing their global footprint and enhancing service offerings. The financial institutions are looking to leverage their combined strengths to better navigate an increasingly competitive landscape.

Mitsui Emerges as Top Contender for First Quantum Minerals Stake

5 months ago

In a significant development in the mining sector, Mitsui & Co. has reportedly emerged as the highest bidder for a stake in First Quantum Minerals Ltd., a prominent player in the copper mining industry. This potential acquisition has garnered considerable attention, underscoring Mitsui's strategic intent to expand its footprint in the resource-rich markets.

Japan's Trading Firms Face Earnings Slump Amid Commodity Price Decline

5 months ago

In a troubling turn of events, major trading firms in Japan are bracing for a significant drop in profits as commodity prices continue to slide. Industry leaders have reported that the waning prices of essential raw materials such as oil, coal, and metals are directly impacting their bottom lines as the global market undergoes fluctuations.

Sumitomo Mitsui Trust Takes Firm Action Against Employee for Alleged Insider Trading

5 months ago

In a significant move within the financial industry, Sumitomo Mitsui Trust Holdings has terminated the employment of a staff member due to suspected involvement in insider trading activities. This bold decision underscores the firm’s commitment to maintaining the integrity of the financial markets.