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16.07.26 - 01:30
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Japan Trade Chief Says Hormuz Off-Limits As Hostilities Reignite (ZeroHedge)
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Japan Trade Chief Says Hormuz Off-Limits As Hostilities Reignite
By Michael Kern of OilPrice.com
Commercial shipping through the Strait of Hormuz is once again off-limits in the near term as the renewed hostilities and threats to vessels led to another spike in risks of transiting the key tanker and container shipping lane, according to Masahiro Okafuji, chair of the Japan Foreign Trade Council.
“No one would go there, because it's dangerous,” Okafuji told a media conference on Wednesday, as carried by Bloomberg.
Renewed re-routing of the shipping lanes around the Cape of Good Hope on Africa's southern tip would hike transportation costs by over 30%, according to Okafuji, who is also chief executive at major Japanese trading house Itochu Corporation.
Following the re-escalation in regional hostilities in recent days, the Joint Maritime Information Center (JMIC) reaffirmed on Tuesday its regional threat level for the Strait of Hormuz at “severe”, which it had raised last week after th...
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18.06.26 - 09:06
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Japan lasers in on India′s Assam state for chip and infrastructure corridor (Digitimes)
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Japanese Prime Minister Sanae Takaichi is scheduled to visit Assam in northeastern India in early July 2026. According to Nikkei, more than 50 Japanese companies and business groups, including Suzuki, Itochu and Toyota Tsusho, are expected to accompany the delegation, with market attention focused on cooperation in semiconductors and infrastructure....
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01.06.26 - 07:06
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2027 Grads Recruitment Starts in Japan, Only Officially (Nippon)
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Tokyo, June 1 (Jiji Press)--Recruitment activities, such as job interviews, for college students scheduled to graduate next spring were given the official starting signal in Japan on Monday, after a bulk of those job-hunting students already received informal employment offers. Trading house Itochu Corp., highly popular among graduating students, began interviewing applicants online, and Da......
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01.05.26 - 07:06
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ITOCHU Corporation Full Year Profit Advances (AFX)
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TOKYO (dpa-AFX) - ITOCHU Corporation (IOC.F) released earnings for its full year that Increased, from last yearThe company's bottom line totaled JPY900.283 billion, or JPY128.00 per share. This co......
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15.04.26 - 14:30
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JR East, ITOCHU To Merge Real Estate Units (AFX)
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TOKYO (dpa-AFX) - East Japan Railway Company (EJPRY) and ITOCHU Corporation (IOC.F) on Wednesday said they have entered into an integration agreement to combine their real estate businesses throug......
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