Nikkei Net Interactive

Mitsubishi to buy 18 pct stake in Peruvian copper mine

Mitsubishi Corp. (8058) will pay an estimated 60-70 billion yen to acquire an 18.1% interest in a Peruvian copper mine that is expected to begin production around 2016, The Nikkei learned Thursday.

Asian shares rise on US data relief; commodities lead surge

Asian stocks rebounded strongly Thursday after positive U.S. data provided some relief to investors gripped by the recent turbulence in markets, with regional commodities and oil plays surging.