News

Japan must pursue payment innovation as society becomes cash-less, BOJ official says
Japan currently has no plan to issue a central bank digital currency (CBDC) but must continue innovating its payment and ...
Japan’s Top Banks Said to Mull Joint ATM Operation to Cut Costs
MUFG Bank Ltd., Sumitomo Mitsui Banking Corp. and Mizuho Bank Ltd. are considering jointly operating automated teller ...
How Japan became America's banker - and why the money's running out
Adding to the pressure, there's declining demand for Japanese government bonds domestically. This forces Japan to raise interest rates, which in turn makes holding U.S. Treasurys even less attractive.
BOJ's Ueda signals readiness to raise rates if growth re-accelerates
Bank of Japan Governor Kazuo Ueda said on Tuesday the central bank will raise interest rates once it is convinced enough that ...
BOJ Likely to End Bond Purchase Cuts Next Year, Ex-Official Says
The Bank of Japan will probably decide to stop reducing the amount of its government bond purchases in a plan for next fiscal ...
Rising Inflation, Weak Production Put Bank of Japan in Tough Spot
Japanese government data released Friday present a mixed picture of rising inflation and sluggish industrial activity.
Japan's NTT Unit Plans to Acquire Major Online Bank in Deal Valued at $5.1 Billion — Update
A unit of Japanese telecom giant Nippon Telegraph & Telephone plans to acquire SBI Sumishin Net Bank in a deal valuing the major Japanese internet-banking services provider at $5.1 billion, part of ...