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Itochui

Japan's Itochu Group, which includes the Itochu Corporation, is among the world’s biggest companies, with more than 700 subsidiaries.

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  • Warren Buffett said he is more comfortable deploying capital in Japan than Taiwan, reflecting the growing tensions between the US and mainland China
  • Buffett also said messaging from US government over the regional banking crisis had been ‘poor’, suggesting that is why confidence has not returned among consumers
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Japan is reliant on the Middle East for about 90 per cent of its crude oil imports, but Sakhalin 1 is an important alternative source, industry minister said.

Japanese trading giant Itochu and Thailand's Charoen Pokphand Group (CP) are buying a 20 per cent stake in Citic, China's largest conglomerate, for HK$80.3 billion.

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