27.03.2009 - Itochu to continue to bet heavily on commodities

From Guardian: Japanese trading company Itochu will continue to bet heavily on commodities, its chief said on Thursday, as its bigger rivals signal a shift in their investment strategy away from commodities. President and Chief Executive Eizo Kobayashi said Itochu plans to allocate 33 percent to 40 percent of its investment budget to natural resources in the fiscal 2009/10 and 2010/11 years, unchanged from the previous two years, he said.....Full Article: Source

Print