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 ...

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.

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.

Connecting decision makers to a dynamic network of information, people and ideas, Bloomberg quickly and accurately delivers ...

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 Japanese stock market has moved higher in four straight sessions, gathering more than 1,500 points or 3.8 percent in that span.

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 dollar index rose 0.1% to 108.289 while Asian currencies were mostly weaker, with the Malaysian ringgit down 0.4% and ...

Editor’s note: This story was updated on January 24th.