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Mitsubishi plans $1.4 billion rescue for plant engineering firm…

TOKYO (Reuters) – Japanese trading house Mitsubishi Corp and MUFG Bank plan to rescue plant engineering company Chiyoda Corp with a $1.4 billion lifeline, betting on a turnaround fueled by greater LNG demand, the Nikkei newspaper reported on Monday. Chiyoda, o... More »

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Mitsubishi Materials shares drop after units falsify product data

The building that houses the headquarters of Mitsubishi Materials Corp is seen in Tokyo, Japan, November 24, 2017. REUTERS/Toru Hanai TOKYO (Reuters) – Mitsubishi Materials Corp (5711.T) saw its stock fall as much as 11 percent on Friday after it said three su... More »