Mitsui and Co., Ltd

Australian building materials and sugar producer, CSR Limited, now can move on its plan to separate its sugar and renewable energy business, after the Federal Court accepted an appeal from CSR in relation to lower court's ruling to block the company's demerger proposal in February.

AUDIO: Westside Corporation (ASX:WCL) CEO, Angus Karoll Speaks with Brian Carlton On Joint Venture with Mitsui LNG

WestSide Corporation Limited (ASX:WCL) will join with Mitsui E&P Australia Pty Ltd ("MEPAU") to acquire the Dawson Seamgas coal seam gas (CSG) assets in Queensland's Bowen Basin from existing owners Anglo American ("Anglo") and Mitsui Moura Investment Pty Ltd ("MMI").

Asian markets ended higher Tuesday. Trading remained thin while markets including China, Hong Kong, Taiwan and Singapore were closed. Japan's Nikkei advanced 0.2 per cent and South Korea's Kospi rose 0.5 per cent, driven by good leads in financial and resources sector. Commodities prices were higher as risk appetite returned. Hong Kong and Singapore bourses resume trading on Wednesday.

WestSide Corporation Limited (ASX:WCL) today announced that it has entered a conditional agreement to acquire Anglo American's ("Anglo") stake in the Dawson Seamgas coal seam gas ("CSG") assets, and potentially, Mitsui Moura Investment Pty Ltd's ("Mitsui") interest in those assets.

The Australian sharemarket ended the four consecutive day losing streak and closed higher on Friday in quiet trading condition. The market opened stronger on the good lead from Wall Street and made sustained gains, helped by the Chinese industrial production data suggesting demand for Australian resources will remain strong. At the close, the benchmark S&P/ASX 200 index rose 28.5 points, or 0.62 per cent, to 4635.20 points, while the broader All Ordinaries index also advanced 28.5 at 4651.40 points. For the week, the market closed down 1.4 percent.

Furukawa-Sky Aluminum Corp. (TYO:5741) will team up with Mitsui & Co. (TYO:8031) to take large equity stakes in two makers of rolled-aluminum products in China.

Yesterday the Australian share market was bolstered by favorable local and overseas economic data. The benchmark S&P/ASX200 index gained 60.9 points, or 1.56 per cent, to 3955.3 points, while the broader All Ordinaries index surged 60.2 points, or 1.55 per cent, at 3948.1 points.

Most Asian markets started the trading session with volatility on Monday after US stocks retreated on Friday. Tokyo and Seoul shares opened flat, and soon proceeded to a negative territory. Today Investors are also awaiting US government to unveil its plan to help the auto industry.

Yesterday the Australian market ended slightly higher. The big miners such as BHP Billiton and Rio Tinto pushed the market up despite falls in the banking and finance sector, according to CMC Markets. The benchmark S&P/ASX200 index was up 9 points, or 0.29 per cent, at 3154.5, while the broader All Ordinaries index rose 10 points to 3121.7. Today the big miners are not likely to help the market up after the falls of commodities prices and lacking positive news from the US.