Related Articles
Asia
Jefferies Adjusts Mitsubishi Electric's Price Target to 7,700 Yen From 6,800 Yen, Keeps at Buy
Mitsubishi Electric (TYO:6503) has an average rating of overweight and mean price target of 6,537.50 yen, according to analysts polled by FactSet.(covers equity, commodity and economic research from major banks and research firms in North America, Asia and Europe. Research providers may contact us here: https://www..com/contact-us)
$TYO:6503
Asia
Market Chatter: Indonesia Finalizing Details for Centralized Export Policy
Indonesia will share updates about its centralized export management policy with key stakeholders soon, Bloomberg reported May 25 citing Vice Minister of Trade Dyah Roro Esti Widya Putri.Danantara Sumberdaya Indonesia, the government entity that will control commodity exports including palm oil, nickel, and coal, will mandate exporters to report sales of strategic commodities from June 1.Speaking about the policy during a Bloomberg interview, Roro said the move, which is essential to protecting the country's national interest, "is very new, it's still under progress.""We are going to see how this progresses over the next few weeks to come," she added.Once details are finalized, the state firm will take charge of export contracts, shipping, and payments, according to the report.(Market Chatter news is derived from conversations with market professionals globally. This information is believed to be from reliable sources but may include rumor and speculation. Accuracy is not guaranteed.)
$^JKSE
Asia
Jefferies Adjusts Marui Group's Price Target to 4,400 Yen From 4,300 Yen, Keeps at Buy
Marui Group (TYO:8252) has an average rating of overweight and mean price target of 3,638 yen, according to analysts polled by FactSet.(covers equity, commodity and economic research from major banks and research firms in North America, Asia and Europe. Research providers may contact us here: https://www..com/contact-us)
$TYO:8252