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 ...

The Bank of Japan raised interest rates on Friday to their highest since the 2008 global financial crisis and revised up its ...

President Trump’s accusation that Bank of America’ dropped conservatives as clients serves as a reminder C.E.O.s may face ...

Top News Bank of Japan Resumes Hiking Rates as Economy Strengthens The Bank of Japan raised its target for the overnight call rate to 0.5% from 0.25%, making its third rate hike since ending its ...

The Bank of Japan has raised the country's interest rate to 0.5%, the highest level since 2008. That follows two previous ...

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 central bank has increased the cost of borrowing to its highest level in 17 years, after consumer price rises ...

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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.

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World shares advanced Friday after U.S. stocks rose to a record and the Bank of Japan raised its key lending rate.