Tag - bank

 
 

BANK

Seven & I hopes to focus more on its 7-Eleven convenience stores.
BUSINESS / Companies / FOCUS
May 28, 2025
Seven & I’s move away from banking leaves market wondering
7-Eleven's ATMs are an important part of the convenience store operator's business.
Chief Cabinet Secretary Yoshimasa Hayashi said Japan has strongly urged Israel to provide a full explanation of the incident.
JAPAN
May 22, 2025
Tokyo lodges protest after Israel fires shots at diplomats in West Bank
The diplomats were inspecting a refugee camp in the West Bank city of Jenin.
Seven & I Holdings plans to sell part of its stake in Seven Bank to Itochu, sources said, as a part of efforts to improve its corporate value by focusing on its convenience store business.
BUSINESS / Companies
May 21, 2025
Seven & I considers selling portion of Seven Bank shares to Itochu
The move is part of efforts to improve its corporate value by focusing on its convenience store business amid a bid to acquire it.
Robin Zeng, founder and chairman of battery manufacturer Contemporary Amperex Technology (CATL), attends the company’s listing ceremony at the Hong Kong Stock Exchange in Hong Kong on Tuesday.
BUSINESS / Tech
May 20, 2025
Chinese battery giant CATL soars more than 13% on Hong Kong debut
A global leader in the sector, CATL produces more than a third of all electric vehicle (EV) batteries sold worldwide.
A security guard stands outside a branch of Yes Bank in New Delhi last August.
BUSINESS / Companies
May 10, 2025
Japan's SMBC to buy stake in India's Yes Bank
The Sumitomo Mitsui deal marks the biggest foreign investment in India’s banking sector, and is the latest move by Japanese lenders to expand in the country.
A potential offer for a stake in India’s Yes Bank will likely be determined by market prices, according to people familiar with the matter.
BUSINESS / Companies
May 6, 2025
SMFG in talks to buy minority stake in India’s Yes Bank
Japan’s aging population and slow growth have been encouraging companies to look elsewhere for expansion, leading to a surge in outbound transactions.
Resona Bank officials attend a ceremony in Los Angeles on Friday to open its first U.S. office in 21 years.
BUSINESS / Companies
Apr 27, 2025
Resona Bank sets up U.S. office for first time in 21 years
The move reflects the bank's aim to enhance business support for some 1,200 client companies operating in the United States.
World Bank Group President Ajay Banga speaks during an interview at the IMF-World Bank Group spring meetings at IMF headquarters in Washington on Friday.
BUSINESS / Economy
Apr 26, 2025
Developing countries should fast-track U.S. trade deals, World Bank chief says
"You need to negotiate trade systems with the U.S. at the earliest possible (opportunity)," Ajay Banga said. "If you delay, it hurts everyone."
Regional lenders Daishi Hokuetsu Financial Group and Gunma Bank have entered into an agreement to consolidate their businesses in 2027.
BUSINESS / Companies
Apr 24, 2025
Regional lenders Daishi Hokuetsu and Gunma Bank agree to consolidate
The banks have entered a memorandum of understanding to integrate their businesses under a holding company structure on or around April 1, 2027.
Amid trade war uncertainty, central bankers, including Bank of Japan Gov. Kazuo Ueda, are leaning toward cautious policies, with some signaling potential rate cuts while awaiting the fallout from U.S. tariffs.
COMMENTARY / World
Apr 22, 2025
Rate cuts anyone? Anyone? Ferris Bueller’s tariff lesson
The collective sense of "we don't know” will give way to either hiking or easing. In Asia, the bias appears to favor the latter.
U.S. President Donald Trump announces tariffs on several countries during a press conference on April 2.
BUSINESS / Markets
Apr 21, 2025
World’s economic chiefs to face Trump’s trade war in Washington
Finance chiefs want an off-ramp from the worst global trade crisis in a century. This week they’re heading toward its epicenter.
Taro Kitabayashi, chief executive officer of Norinchukin Bank, during an interview in Tokyo, on April 9. Kitabayashi said the bank finished selling off its unprofitable U.S. Treasury holdings by the end of March, thus avoiding the volatility last week as Trump’s trade policies whipsawed markets.
BUSINESS / Companies
Apr 15, 2025
Norinchukin dodges Trump’s market chaos after selling Treasuries
New Chief Executive Taro Kitabayashi said the bank finished selling off its unprofitable U.S. Treasury holdings by the end of March.
Syrian President Ahmed Sharaa in Damascus on March 10
WORLD / Politics
Apr 15, 2025
Saudi Arabia to pay off Syria's World Bank debts, paving way for further funding
Plans would be the first known instance of Saudi Arabia providing financing for Syria since Islamist-led rebels toppled former leader Bashar al-Assad last year.
Three Japanese banks are teaming up to combat the enduring challenge of a dwindling population.
JAPAN
Mar 28, 2025
Three Japanese banks form alliance to fight population slump
Shizuoka Bank, Hachijuni Bank and Yamanashi Chuo Bank will work together to draw outside talent and funding into central Japan.
Hamdan Ballal (center right) with colleagues after winning the Oscar for best documentary feature for "No Other Land" on March 2
WORLD
Mar 26, 2025
Oscar-winning Palestinian director injured in attack by Israeli settlers released after arrest
Hamdan Ballal, co-director of the award-winning "No Other Land," was released from detention on Tuesday.
A Palestinian boy rides a bicycle in an abandoned and partially constructed house, which his family inhabited after being displaced from the Jenin Camp in the Israeli-occupied West Bank, on Thursday.
WORLD
Mar 23, 2025
Israel's Security Cabinet approves independence for 13 West Bank settlements
The Palestinian Foreign Ministry criticized the approval of the separation of the neighborhoods and their recognition as independent settlements.
Jewish settlers pray in the Evyatar settler outpost in the northern West Bank last July
WORLD / Politics
Mar 10, 2025
Christians press Trump to clear path for Israel to annex West Bank
Some 80% of white, evangelical Christians voted for President Trump. Now, some want a policy change that could undermine a future Palestinian state.
Bank of America CEO Brian Moynihan
BUSINESS / Companies
Mar 7, 2025
Bank of America CEO willing to hire in Japan amid revival
The bank, based in Charlotte, North Carolina, has about 800 employees in Japan.
People gather in front of an Israeli military vehicle in the Nur Shams camp for Palestinian refugees, where troops allowed residents to retrieve belongings after issuing reported demolition notifications for several houses, in the occupied West Bank on Wednesday.
WORLD
Mar 6, 2025
Israel's settler pressure on West Bank villages stirs annexation fears
Most countries consider Israel's settlements in the occupied West Bank to be illegal.
Israeli tanks and bulldozers take positions in the Jenin camp for Palestinian refugees, in the occupied West Bank, on Sunday.
WORLD
Feb 25, 2025
West Bank Palestinians fear Gaza-style tactics as Israel clears Jenin camp
Israel says the move is to take on militants implanted in refugee camps but Palestinians accuse troops of permanently displacing the population.

Longform

Sumadori Bar on Shibuya Ward's main Center Gai street targets young customers who prefer low-alcohol drinks or abstain altogether.
Rethinking that second drink: Japan’s Gen Z gets ‘sober curious’