Mitsubishi UFJ Financial Group, known as MUFG, is Japan’s largest banking group, with 8.0% share of domestic loans and 11.6% of deposits as of March 2024. It was also the most global among Japanese ...
Sumitomo Mitsui Financial Group, with a 7.2% share of domestic loans and 9.0% of deposits as of March 2024, is one of Japan’s Big Three banking groups. Compared with its two megabank rivals, SMFG has ...
Also in today’s newsletter, a record number of US companies weigh China exit, and Trump calls on Opec to push down global oil prices ...
The Bank of Japan delivered a widely expected 25 basis point hike to its key lending rate on Friday, bringing the overnight call rate to the highest since 2008 and putting pressure on the dollar. The ...
The dollar was down against a basket of currencies, but could rise further this year on potential U.S. tariff polices and more cautious Fed interest-rate cuts.
Stronger wages have contributed to the decision by Japan's central bank to raise rates to about 0.5%. The BOJ reiterated that ...
The Japanese stock market has moved higher in four straight sessions, gathering more than 1,500 points or 3.8 percent in that span.
Welcome to our TOPLive coverage of the Bank of Japan’s monetary policy decision. We’ll start shortly, with the central bank typically announcing its decision around midday in Tokyo. We’ll also follow ...
Japan's central bank has raised its key interest rate to about 0.5% from 0.25%, noting that inflation is holding at a ...
Good morning. The Bank of Japan raises its interest rate to the highest level in 17 years. Inflation concerns may be making a ...
The Bank of Japan has raised its interest rates by 25 basis points, signifying the end of an era of historically low interest ...
Japan's retailers, typically among the most tight-fisted of employers, are offering big pay increases for a second year in a row, meaning squeezed profits for companies, more spending money for ...