Among Japanese Banks, Unwinding of Cross-Held Shares Should Benefit Sumitomo Mitsui Trust Most
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 ...
Mizuho Has More of a Focus on Large Corporate Borrowers Than Some Other Japanese Banks
Mizuho’s position is somewhat stronger in banking to large corporates in Japan, accounting for around 40% of total profits, where it enjoys strong long-term customer relationships, but the ...
What's next for Japan as the BOJ continues raising rates?
Backdrop: Japan had been mired in decades of weak prices and economic stagnation, and even as inflation impacted the globe in ...
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.
Japan Gains Confidence in Exiting Rock-Bottom Borrowing Costs
Connecting decision makers to a dynamic network of information, people and ideas, Bloomberg quickly and accurately delivers ...
Japan Raises Interest Rates to Highest Level Since 2008
The return of inflation and wage growth is giving the Bank of Japan room to raise interest rates and declare the end of a ...
Bank of Japan Hikes Policy Rate to Highest Level in 17 Years
Good morning. The Bank of Japan raises its interest rate to the highest level in 17 years. Inflation concerns may be making a ...
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 ...
Bank of Japan raises interest rate to about 0.5%, citing higher wages and inflation
Japan's central bank has raised its key interest rate to about 0.5% from 0.25%, noting that inflation is holding at a ...
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Bank of Japan hikes interest rate to 17-year high, signals more
The Bank of Japan hiked interest rates on Friday to their highest level in 17 years and signalled more were in the pipeline ...
Japan hikes rates to highest since 2008 as sustained inflation, rising wages signal ‘virtuous cycle' in play
The move comes in line with expectations from CNBC’s survey, where an overwhelming majority of economists predicted a hike.
Bank of Japan hikes policy rates by 25 basis points to highest since 2008
The move comes in line with expectations from CNBC’s survey from Jan 15-20, which saw an overwhelming majority of economists predict a hike.