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(Nikkei)--This year's Olympic Games in London will likely spark 460 billion yen in spending in Japan, about as much as the 2008 games in Beijing, according to the Itochu Economic Research Institute. read full article... This article is available to...

Australia is riding a resources boom as Asian companies, including electricity suppliers, are seeking to shore up supply of commodities to meet future demand. Australia has already given conditional environmental approval for the project in which...

Wandoan will generate up to 1,300 new jobs, better infrastructure, government royalties and boost local businesses, the company said. Wandoan's minority shareholders are Japan's Itochu Corp. and Sumitomo Corp. , which each own 12.5% of the project. It...

Xstrata owns 75 percent of Wandoan in Queensland state's Surat Basin. It has hired the investment banking firm Macquarie Capital to seek buyers. Itochu Pty. Ltd. and Sumisho Coal Australia each hold 12.5 percent ownership. The Wandoan Coal Project is a...

Australia, already part-owned by Japan's Itochu and Sumitomo. Xstrata, which last week agreed to be taken over by commodities trader Glencore, owns 75 percent of the project. Wandoan is expected to produce a thermal coal output of 22 million tonnes per...