The copper down cycle has taken a big bite out of the profits of Japan’s trading companies. This morning, Mitsubishi Corp., Japan’s biggest trading house, announced ¥430 billion (US$3.8 billion) in write downs on a list of commodities assets, starting with...
China’s currency devaluations aimed at making its goods more attractively priced for global markets have prompted the Obama administration to urge the world’s leading exporter to rely less on foreign sales and more on domestic consumption to stabilize and grow its...
Argus Rail Business taps Datamyne to benchmark containerized import volumes There’s been no dent in rail freight traffic in North America resulting from March’s triple disasters in Japan … yet. But expect that to change, cautions a report from Argus Rail Business.The...
