Japan Gains Confidence in Exiting Rock-Bottom Borrowing Costs
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Japan Inflation Jumps To 3.0% In December
Japan's annual rate of consumer price inflation accelerated to 3.0 percent in December from 2.7 percent the month before, government data showed Friday.
Japan raises interest rates to highest level in 17 years
The Bank of Japan raised interest rates on Friday to their highest since the 2008 global financial crisis, underscoring its confidence that rising wages will keep inflation stable around its 2% target ...
Sumitomo Mitsui Financial Group Has a Slightly Higher Asset Yield Than Its Japanese Megabank Rivals
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 ...
‘Debanking,’ and the Trump Diss Heard Around Davos
President Trump’s accusation that Bank of America’ dropped conservatives as clients serves as a reminder C.E.O.s may face ...
Asia Sees Trump in a Surprising Way—as a Steady Pair of Hands
It is the highest level since October 2008 as the economy makes steady progress toward the bank’s goal of stable 2% inflation and wage-backed growth.
Morning Bid: Dollar swoons as BOJ hikes, euro zone grows, yuan relieved
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