The energy trading arm of Sumitomo is considering setting up an LNG desk in Singapore, the latest move by the Japanese company to strengthen its foothold in the seaborne market for the fuel.
https://www.japantimes.co.jp/business/2026/01/08/economy/sumitomo-lng-trading-desk-singapore/?utm_medium=Social&utm_source=mastodon #business #economy #pacificsummitenergy #sumitomo #lng #energy #singapore
Sumitomo’s energy arm may set up LNG trading desk in Singapore
Pacific Summit Energy is exploring a liquefied natural gas desk in the city-state as part of a wider strategy to expand its trading business across Asia, Europe and the U.S.
The Japan TimesJapan’s major trading houses are facing a prolonged slump in iron ore and coking coal prices as Chinese steel exports flood into Asia and beyond, constraining profits for at least the next six months.
https://www.japantimes.co.jp/business/2025/11/06/companies/china-steel-exports-trading-houses/?utm_medium=Social&utm_source=mastodon #business #companies #china #steel #mitsubishi #sumitomo #marubeni #itochu
Japan’s trading houses brace for more pain from China steel glut
Japan’s major trading houses are facing a prolonged slump in iron ore and coking coal prices as Chinese steel exports flood into Asia and beyond.
The Japan TimesTrading house Sumitomo has announced a plan to make Tokyo-based major information technology service provider SCSK a wholly owned subsidiary through a takeover bid valued at about ¥882 billion.
https://www.japantimes.co.jp/business/2025/10/30/companies/sumitomo-takeover-scsk/?utm_medium=Social&utm_source=mastodon #business #companies #sumitomo #scsk #ai #acquisitions #shingoueno
Trader Sumitomo to acquire IT service firm SCSK
By fully acquiring SCSK, Sumitomo aims to improve management efficiency and strengthen its artificial intelligence business.
The Japan Times
Sumitomo comprando una billete del 30% en la dispositivo de arrendamiento RCBC – ButterWord
The Sumitomo Group has signed up to acquire a 30-percent equity stake in the leasing arm of Rizal Commercial Banking Corp. (RCBC)
ButterWord