Apple Inc.'s plan to allow Japanese customers to use iPhones to pay for their daily commute underscores the potential for digital payments to grow in a nation where people still prefer to hold cash. Japanese have for years been using rail passes that double as ...
Japanese banks, known for the risk-aversion that spared them the worst of the credit crisis, have quietly grown into some of the world's largest energy lenders. Mitsubishi UFJ Financial Group Inc., the nation's largest bank, disclosed last month it has become one of the biggest ...
Japan Post Holdings Co. will shift more of its $2.6 trillion investment portfolio to riskier assets to boost profitability as negative interest rates shrink income from government bonds. The newly privatized postal and financial giant, which has about ¥205.5 trillion ($1.9 trillion) managed by its ...
Having defeated a human shogi (Japanese chess) expert, this computer program's next task is to figure out whether you can make the payments on a new mortgage. Heroz Inc., a small Japanese startup whose engineers designed the first system to defeat an active professional shogi ...
Plunging interest rates are helping reduce Japanese banks' bad debt to record-low levels of almost a fifth of their highs 13 years ago. The drop in borrowing costs that narrowed Japanese net interest margins to the slimmest in Asia also was a factor in driving ...
