Japan

MUFG now Sakana AI’s largest Japanese investor

Its projects include an AI capable of rewriting its own code for self-improvement.
17 hours ago

SMFG’s profit rose 28.72% to $6.04b in H1 FY2025

Its comprehensive income more than doubled during the period.
1 day ago

Mizuho Financial Group’s profit up 21.8% to $4.46b in H1 FY2025

Its comprehensive income rose 42.8% although ordinary income was 5.4% lower.
1 day ago

Foreign institutions pursue market entry as Japan strengthens fintech rules

Reliability defines Japan’s fintech advantage in Asia
4 days ago

Nomura Holdings’ net income up 17.5% to $700.2m in H1 FY2025

Its total revenue fell, but net income was higher.

Mizuho Bank names new global transaction banking head

Hidekatsu Take will remain head of global corporate & investment banking.

MUFG sets up equity fund to invest in middle, late-stage startups in Japan

Japanese startups struggle to achieve sufficient growth due to lack of support.

State Street completes transfer of Mizuho’s $850b custody business

Mizuho will collaborate with State Street for global custody and related services.

SMBC Group, Jefferies to establish wholesale equities business in Japan

SMBC is also increasing its investment in Jefferies to up to 20%.

SMBC to buy additional 4.2% stake in Yes Bank for $101.7m

It has already completed the acquisition for a 20% equity stake in the Indian bank.

Japan's first stablecoin unlikely to affect gov't bond demand

But it might lead to a boost in annual JGBs by around $1.88b.

Japan’s megabanks may increase foreign bond purchases to meet income goals

Upcoming US Fed rate cuts may raise bond prices, increasing urgency to buy.

SMBC invests in fusion energy start-up

It aims to accelerate the establishment of fusion power reactors’ supply chains.

MUFG Bank invests in LayerX

The two first entered into a business alliance in 2024.

SMBC Aviation Capital joins holding company acquiring Air Lease Corporation

SMBC Aviation Capital will have a 4.99% equity interest in the holding company.

Higher interest rates, fees lifts MUFG’s profitability

Earnings contribution from subsidiary banks will also support its profitability.