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April 25, 2025
 

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BANKS

The Japanese postal mark displayed on a Japan Post post box in Tokyo
JAPAN
Mar 18, 2025
Number of Japan Post clients affected by misuse of information rises to 10 million
"We deeply apologize for causing anxiety and worry," Japan Post Holdings Managing Executive Officer Miho Ichiki told a news conference.
One year on from the Bank of Japan's historic rate hike, the biggest winners are the banks.
BUSINESS / Economy
Mar 17, 2025
Banks boom and shoppers scrimp a year after Japan’s rate pivot
Higher borrowing costs are also fueling a political battle over how the government can rein in its outlays.
Nomura Holdings is withdrawing from the Net-Zero Banking Alliance.
BUSINESS / Companies
Mar 13, 2025
Nomura exits bank climate group, joining Wall Street exodus
Nomura said it will stick to its target set four years ago, to deploy $125 billion of sustainable financing through March 2026.
Nomura Holdings and Japan's other big brokers are having second thoughts about selling so-called structured loans to regional lenders.
BUSINESS / Economy
Mar 11, 2025
Japan brokers rethink repackaged JGBs after regulator warning
There are concerns that buyers might lack proper risk management for the product and could suffer mounting losses if market interest rates move against them.
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.
Kanagawa Prefectural Police have arrested a former deputy manager at Hana Credit Union’s Yokohama branch on suspicion of stealing ¥619 million in cash from the branch's safe deposit boxes.
JAPAN / Crime & Legal
Mar 5, 2025
Hana Credit Union employee arrested on suspicion of safe deposit box theft
The suspect admitted to the allegations, telling police he used the stolen money to pay off debts and gamble.
Sumitomo Mitsui Financial Group has decided to withdraw from the Net-Zero Banking Alliance, a spokesperson said.
BUSINESS / Companies
Mar 4, 2025
Japan’s SMFG joins Wall Street in exiting net zero banking group
Japan’s second-largest bank has decided to withdraw from the Net-Zero Banking Alliance.
Fujitsu says it plans to stop manufacturing ATMs, which it started selling in 1977.
BUSINESS / Companies
Mar 2, 2025
Fujitsu to withdraw from ATM production
The electronics company started selling ATMs in 1977.
Toshinori Yashiki, director-general of the Financial Services Agency’s strategy development and management bureau, speaks during an interview on Thursday.
BUSINESS / Economy
Feb 28, 2025
Japan to crack down on booming market for JGB-backed loans
The Financial Services Agency will scrutinize banks that have increased purchases of Japanese government bonds that are repackaged into loans over the past year.
A former employee of Mizuho Bank's Hiroo branch in Tokyo stole money from the safe deposit boxes of two clients between January 2016 and June 2019, according to the bank.
JAPAN / Crime & Legal
Feb 27, 2025
Mizuho Bank confirms ¥66 million stolen from safe deposit boxes
A former employee stole the money from two clients' safe deposit boxes between January 2016 and June 2019.
There’s keen interest in the market on whether Japan’s regional banks will pour back into benchmark 10-year notes, whose yields jumped to the highest levels since 2009 in Tokyo trading on Friday.
BUSINESS / Companies
Feb 25, 2025
One of Japan's top regional banks holds JGB buying on bet rates to climb
There’s keen interest in the market on whether Japan’s regional banks will pour back into benchmark 10-year notes.
Major Japanese banks are tightening controls on the management of safe-deposit boxes after a string of thefts involving bank employees rocked public confidence.
BUSINESS / Companies
Feb 24, 2025
Japanese banks to rethink security measures for safe-deposit boxes
A string of thefts involving bank employees have intensified scrutiny of a segment already grappling with weak demand and thin margins.
Norinchukin Bank Chief Executive Officer Kazuto Oku
BUSINESS / Companies
Feb 19, 2025
Norinchukin CEO plans to resign after massive bond losses
Norinchukin reported wider losses this month as it boosted investments in riskier leveraged loans and sought additional capital.
The Bank of Japan headquarters in Tokyo
BUSINESS / Economy
Feb 18, 2025
Ex-BOJ deputy Nakaso sees BOJ hiking to 1% and perhaps beyond
His remarks come as market participants debate the likely terminal rate of the central bank’s current tightening cycle.
The three megabank groups including Mitsubishi UFJ Financial Group posted record consolidated net profits in April-December 2024.
BUSINESS / Companies
Feb 9, 2025
Japan firms to log record profits — driven by finance and AI biz
Leading the growth is the financial sector, buoyed by the return of positive interest rates to Japan thanks to the Bank of Japan's rate hikes
Seven Bank has set up ATMs with facial-recognition technology for cash deposits and withdrawals.
BUSINESS / Companies
Feb 9, 2025
Japan's Seven Bank starts ATM service using face recognition
Named Face Cash, the new service enables depositors with Seven Bank or Shizuoka Bank to make deposits and withdrawals without cash cards or smartphones.
Singapore is positioning itself as a key player in the effort to diversify supply chains away from China, leveraging its proximity to Malaysia’s Johor state.
COMMENTARY
Feb 7, 2025
Singapore finds its seat at the China+1 table
Singapore is positioning itself as a key player in the effort to diversify supply chains away from China.
The Securities and Exchange Surveillance Commission has raided locations related to a former Sumitomo Mitsui Trust Bank division manager on suspicion of violating the financial instruments and exchange law.
JAPAN / Crime & Legal
Feb 6, 2025
Sumitomo Mitsui Trust Bank worker's insider trading likely lasted years
The Securities and Exchange Surveillance Commission has raided locations related to the former employee.
MUFG Bank President Junichi Hanzawa bows in apology in Tokyo on Jan. 17 following alleged massive thefts of customer assets by a former employee.
JAPAN / Crime & Legal
Feb 5, 2025
Ex-MUFG bank worker paid interest to pawnshops to keep gold available to her
The bank worker is suspected of depositing in several pawnshops gold ingots worth several hundred million yen that she had stolen.
MUFG virtually reached its full-year profit goal with a quarter to spare, earning a record ¥1.749 trillion in the first nine months.
BUSINESS / Companies
Feb 4, 2025
MUFG profit soars in bumper earnings season for Japan banks
Japanese banks are benefiting from rising interest rates following more than a decade of ultra-easy monetary policy.
Japan must correct Trump’s false data for trade talks, says Kono
Former Foreign Minister Taro Kono
Japan wants to 'separate' tariff and security issues. That may be tough.
Japan’s chief tariff negotiator, Ryosei Akazawa, poses with a "Make America Great Again" cap at the White House in Washington on April 16.
Social media helps fuel growing 'sex tourism' in Japan
People walk down a street in the red-light entertainment area of Kabukicho in the Shinjuku district of Tokyo on March 31.
Japan set to fine cyclists on the spot for rule violations from 2026
Under new rules, those who use smartphones while riding a bicycle would be subject to the maximum fine of ¥12,000.
Naked man’s rampage in Saitama linked to one fatality and 10 injured
Police believe Daisuke Nishimura may have been involved in roughly 20 incidents in the 90 minutes leading up to his arrest, including a fatal hit-and-run and multiple assaults.
Amid uncertain tariffs, is now the time to buy a new iPhone?
An Apple store in Tokyo's Shibuya Ward in September. Prices for the newest iPhone models start at around ¥100,000 ($700) in Japan.
Built in a flash, Osaka Expo pavilions wrestle with sustainability
Kengo Kuma & Associates oversaw the construction of the Malaysia pavilion, which is encased in interwoven rows of bamboo that appear to ripple.
Japan weighs using U.S. rice imports as tariff negotiation tool with Trump
A restaurant owner pours California-grown Calrose rice into a rice cooker at his restaurant in Tokyo
Is Japan’s parliament ready to welcome more youth to its ranks?
Lower House lawmaker Kai Odake in his Tokyo office on Wednesday
Crow meat, goat tartare: Mauvaise Herbe raises its game
Crow meat, shaped into a ball and attached to a foot of the bird, is one of the peculiar offerings of game at Mauvaise Herbe.

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One of the many entrances to the Kabukicho neighborhood in Tokyo’s Shinjuku Ward.
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