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July 23, 2025
 

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BANKS

Mizuho expects AI technology will help the company increase revenue and cut costs, resulting in positive effects totaling ¥300 billion by fiscal 2030.
BUSINESS / Tech
Jul 18, 2025
Mizuho partners with SoftBank on AI to boost efficiency
Mizuho will be the first in the financial sector to introduce artificial intelligence that is being developed jointly by SoftBank and OpenAI.
Mizuho CEO Masahiro Kihara is interviewed in London on Monday.
BUSINESS / Companies
Jul 15, 2025
Mizuho CEO confident of meeting ¥1 trillion profit target
Japan’s third-largest lender forecast in May that net income will likely climb 6.1% to ¥940 billion in the fiscal year started in April.
In a report Friday, Goldman Sachs economists noted that it’s reasonable to expect the Bank of Japan to start gradually selling ETFs in fiscal 2026 to minimize its loss and the impact on the stock market.
BUSINESS
Jul 14, 2025
BOJ finishes offloading bank stocks, bringing attention to ETFs
The BOJ’s holdings of the shares purchased from banks hit zero as of July 10, falling from ¥2.5 billion ($17.4 million) 10 days ago, according to its balance sheet report.
As crypto adoption grows and Bitcoin hits new highs, a surge in violent attacks, kidnappings and hacks targeting holders underscores the steep and often overlooked cost of being your own bank in a cashless world.
COMMENTARY / World
Jul 11, 2025
Crypto crime is the future. Bank heists are history.
Banks are no longer easy or juicy targets for robbers, with heists down more than 80% since the 1990s as branches close and piles of cash hoarded in safes become a rarity.
Yamanashi Chuo Bank's Tokyo office. The regional bank has set up an "investment advisory firm” to get around internal salary limits and attract talent.
BUSINESS / Companies
Jul 8, 2025
Rural bank in Japan finds novel way to attract talent with higher pay
Yamanashi Chuo Bank has set up an "investment advisory firm” to get around internal salary limits, showing the lengths it's willing to go to bolster its ranks.
Jerome Powell, chairman of the U.S. Federal Reserve, has repeatedly declined to say whether he will step down when his four-year term as chair expires in May.
BUSINESS / Economy
Jul 5, 2025
Powell's silence on his future complicates Trump Fed chair search
The Fed chief has repeatedly declined to say whether he will step down when his four-year term as chair expires in May, or remain on the Fed board.
Natixis has hired Makoto Kawamura, formerly head of JPMorgan Chase Bank’s Japan treasury and chief investment office in Tokyo, and Hideaki Sugahara, who was a director at Societe Generale, for its new banking business in Japan.
BUSINESS / Companies
Jul 1, 2025
Seeing growth potential, Natixis plans to double banking staff in Japan
The move comes as Paris-based Natixis starts a new banking branch in Tokyo, in the latest sign of a global financial firm vying for business opportunities in Japan.
SBI Holdings repaying the public funds on July 31 will mark the end to the aftermath of a financial crisis triggered by the bursting in the early 1990s of the asset-inflated economic bubble in Japan.
BUSINESS / Companies
Jun 25, 2025
SBI to fully repay public funds next month
SBI repaying the public funds would mark the end to the aftermath of a financial crisis triggered by the bursting in the early 1990s of the asset-inflated economic bubble in Japan.
MUFG Bank said Monday that a former employee in his 60s has defrauded a customer out of ¥39.84 million by suggesting fictitious financial products and issuing forged deposit receipts.
JAPAN
Jun 23, 2025
Ex-MUFG bank worker defrauds customer of ¥39.84 million
The Niigata District Public Prosecutors Office indicted the former worker at the major Japanese bank's Niigata branch.
Japanese companies are rushing to protect their employees and brace operations in the Middle East for the fallout from U.S. strikes on Iran.
BUSINESS / Companies
Jun 23, 2025
Japan’s banks pull staff from Middle East after U.S. strikes Iran
Mitsubishi UFJ Financial Group has started to pull staff out of locations including Dubai, and halted unnecessary travel in and out of the region.
Forged My Number cards and other ID cards seized by police are shown at a police station in Tokyo in December 2023.
JAPAN / Crime & Legal
Jun 20, 2025
Japan to require IC chip ID verification for online bank accounts in 2027
The new rule is designed to prevent fraudulent accounts from being opened under stolen identities.
Iyogin Holdings is ready to jump back into buying Japanese government bonds once a rise in yields runs its course.
BUSINESS / Companies
Jun 20, 2025
Rural bank plans its return to Japan bonds after winning on Nvidia
Once yields become attractive enough, Japanese government bonds could make up as much as half of the bank's portfolio.
The Japanese Bankers Association said Thursday that it has revised its sample agreement to explicitly prohibit the storage of cash in safe-deposit boxes.
BUSINESS / Companies
Jun 20, 2025
Japanese banks set to ban storage of cash in safe-deposit boxes
In recent months, incidents came to light in which workers at major lenders allegedly stole client valuables held in such boxes.
Norway's central bank in Oslo. The krone slid roughly 1% against the dollar and the euro after a rate cut.
BUSINESS / Economy / ANALYSIS
Jun 20, 2025
Oil, war and tariffs tear up global markets' central bank roadmap
Monetary policy uncertainty is one more headwind for markets to navigate against a backdrop of geopolitical and trade risks.
The deterioration of earnings at Kirayaka Bank resulted in its holding company Jimoto Holdings to book a net loss for the second straight year in fiscal 2024.
BUSINESS / Companies
Jun 19, 2025
Regional lender Jimoto Holdings exits government control
In the business year ended in March 2024, Jimoto Holdings incurred a net loss for the second straight year due to the deterioration of earnings at subsidiary Kirayaka Bank.
The Financial Services Agency headquarters in Tokyo. The regulator has called on regional banks to disclose the amount and market value of their high-yield loans backed by government bonds.
BUSINESS / Companies
Jun 19, 2025
Regulator to ramp up scrutiny of banks’ repackaged JGBs
A senior official at the Financial Services Agency called on lenders to disclose the amount and market value of their holdings, sources said.
Eight banks have entered into an agreement with the National Police Agency to share information on suspicious accounts as part of efforts to combat special fraud schemes.
JAPAN / Crime & Legal
Jun 18, 2025
Major banks team up with police to combat special fraud
Under a new agreement, the banks will send information on suspicious accounts directly to the police instead of channeling it through the Financial Services Agency.
Jeremy Allaire, chief executive officer of Circle Internet Financial (center) celebrates during the company's initial public offering on the floor of the New York Stock Exchange on June 5.
COMMENTARY / World
Jun 18, 2025
A digital dollar is a trade war weapon, and Europe may be a primary target
Stablecoins could serve to entrench the existing tech and monetary order dominated by the U.S., as 95% of them are dollar-denominated. The euro commands less than 1%.
India is experiencing a worrying rise in digital payment scams fueled by rapid growth in instant payment systems.
COMMENTARY / World
Jun 17, 2025
India’s bank fraud needs a sensible response
It’s time to allow new payment networks. Let them charge fees to offer institutional-grade security to retail customers. 
Sumitomo Mitsui Banking will be one of the funding sources for a wealth management joint venture by Sumitomo Mitsui Financial Group and SBI Holdings.
BUSINESS / Companies
Jun 16, 2025
Sumitomo Mitsui and SBI to launch wealth management joint venture
Policymakers in Japan are encouraging individual investors to put more of their money in riskier assets such as equities.
Japan ruling bloc loses majority in Upper House after election drubbing
Prime Minister Shigeru Ishiba, who serves concurrently as president of the Liberal Democratic Party, leaves at the party's headquarters following announcement of Upper House election result projections in Tokyo early Monday.
‘Japanese First’ Sanseito emerges as powerful force after Upper House poll
Sanseito leader Sohei Kamiya in Tokyo on Sunday night
Foreign residents closely follow Japan's election and party pledges
A police officer walks past posters of Liberal Democratic Party candidates, as well as one showing Prime Minister Shigeru Ishiba, outside the party's headquarters in Tokyo on Sunday. As Japan’s foreign population continues to rise, one of the talking points during Sunday’s election was how the country should deal with the increase of international residents.
Japan’s top brands get tied up in the great sunscreen debate
A coral reef in Okinawa in July 2022. Some jurisdictions around the world have moved to ban certain sunscreens in a bid to protect coral reefs, but some say the impact on reefs is far from clear.
Hitomi Obara, 2012 Olympic champion in wrestling, dies at 44
Hitomi Obara competes at the London Olympics in August 2012.
Japan’s top brands get tied up in the great sunscreen debate
A coral reef in Okinawa in July 2022. Some jurisdictions around the world have moved to ban certain sunscreens in a bid to protect coral reefs, but some say the impact on reefs is far from clear.
Pentagon looks to unleash ‘military drone dominance’
U.S. Secretary of Defense Pete Hegseth hosts a drone demonstration at the Pentagon in Arlington, Virginia, on July 10.
‘Noto Democracy’ and the slow work of civic change
Yukio Iokibe’s “Noto Democracy" centers on Motoyuki Takii, a former junior high school teacher who publishes a handwritten newspaper every month to encourage the residents of Anamizu, Ishikawa Prefecture, to engage in local politics.
In microbes we trust: Embracing the nature of fermented food
You don't need an oven to make Kenji Morimoto's easy and delicious Miso Sticky Toffee Crepe Cake.
Touring the Silk Road — without leaving Tokyo
One of the entrances to Pao Compound, a nine-story Silk Road-inspired complex in Tokyo's Higashinakano neighborhood

Podcast

One of the many entrances to the Kabukicho neighborhood in Tokyo’s Shinjuku Ward.
Kabukicho: Tokyo’s ‘stadium of desire’

Longform

In 2020, 38% of all households were single-person. That figure is projected to rise to 44.3% by 2050.
The rise of AI companionship in a lonely Japan
By Alex K.T. Martin

SUSTAINABLE JAPAN

Muji has been sustainable from the beginning
Muji has been sustainable from the beginning

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