Sumitomo Mitsui CEO Ohta, Who Pushed Asia Expansion, Dies at 65
Sumitomo Mitsui Financial Group Inc.’s Chief Executive Officer Jun Ohta, who pursued an aggressive expansion abroad during his
2023-11-27 08:59
Japan’s Largest Banks to Buy Back Shares After Profit Soars
Japan’s biggest banks unveiled plans to boost shareholder returns after posting bumper profits, thanks in part to a
2023-11-14 17:54
Mizuho Raises Profit Forecast on Solid Results, Cheaper Yen
Mizuho Financial Group Inc. raised its full-year profit forecast, buoyed by solid performance of both client-facing and market
2023-11-13 15:25
Booming Profits Bolster Japan Automakers’ Cautious Shift to EVs
Toyota Motor Corp., Honda Motor Co. and Nissan Motor Co. all raised their operating profit forecasts for the
2023-11-10 09:00
Five SMBC Debt Capital Markets Bankers Leave Hong Kong Office
SMBC Nikko Securities Inc.’s head of capital markets APAC ex-Japan and four of the firm’s other bankers have
2023-11-02 15:53
Japan Banks Retain Gains as Investors Assess BOJ’s Yield Control
Shares of Japan’s major lenders retained their advance as investors assessed the Bank of Japan’s decision to adjust
2023-10-31 13:23
Paternity Leave Gains Momentum in Japan Amid Government Push
A year after revisions to Japan’s paternity leave system, the number of new fathers taking childcare leave has
2023-10-30 11:50
Rising Bets of BOJ Policy Move Shift Focus to ‘Neutral’ Rate
With traders betting that the Bank of Japan will almost certainly end its negative interest rate policy by
2023-10-23 15:54
Asia Bank Margins to Dip as Rate Hikes Sink in, Bad Loans Grow
Lending margins will be in focus this week when Asia’s largest banks report earnings, amid peaking interest rates
2023-10-23 14:29
Africa Can Figure Out Their Climate Policy, Tshabalala Says
African nations have the “right and urgent duty” to develop their natural resources and economies to improve the
2023-10-23 00:46
Japan’s Top Brokers See Bond Sale Rush Stalling in Second Half
Japan’s biggest brokerages expect yen corporate bond sales to slow in the fiscal second half started this month
2023-10-13 07:52
Intervention Threat Locks Yen in Tightest Range in 19 Months
While the yen continues to slide, it’s doing so in the tightest monthly trading range in more than
2023-09-25 15:29