MUFG to support Southeast Asian students in Japan amid pandemic

Business Aug 14, 2020

MUFG to support Southeast Asian students in Japan amid pandemic

Mitsubishi UFJ Financial Group Inc. said Friday it will donate a total of ¥400 million to support students from Southeast Asia who are facing difficulties continuing their study in Japan due to the economic fallout from the novel coronavirus pandemic. The donations will be made ...

Social media rumors prompt spate of bank runs in China

Business Jul 15, 2020

Social media rumors prompt spate of bank runs in China

Social media-fueled rumors about banks collapsing are popping up at an unprecedented frequency in China, forcing regulators and even the police to step in to calm depositors. Just since the past month, worried savers have descended on three banks to withdraw funds amid rumors of ...