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 ...

SMTG focuses on high-net-worth individuals who can be customers across its specialized loan, trust, real estate, and investment-management products, and it has fewer branches than the megabanks or the ...

The yen slipped, erasing earlier gains, as Bank of Japan Governor Kazuo Ueda offered little guidance on the timing of the ...

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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The return of inflation and wage growth is giving the Bank of Japan room to raise interest rates and declare the end of 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 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 ...

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

At the two-day meeting concluding on Friday, the BOJ is widely expected to raise its short-term policy rate from 0.25% to 0.5% - a level Japan has not seen in 17 years. The move would underscore the ...

The board decided to raise the BOJ's short-term policy rate to 0.5% from 0.25% by an 8-1 vote. Board member Toyoaki Nakamura ...