Japan
Mizuho to help deploy AI to study Hachijo’s humpback whales
The project will run from May to October 2024.
Mizuho to help deploy AI to study Hachijo’s humpback whales
The project will run from May to October 2024.
Mizuho allots $12.95b to finance hydrogen production
The bank noted hydrogen as “key” to decarbonisation of various sectors.
Mizuho’s net income climbs 22% to $4.39b in FY2023
An annual dividend of JPY105 per share has been announced.
Japan’s Sumitomo Mitsui mulling stock split
It has not yet decided whether to push through or not, however.
Sumitomo Mitsui Card offers 1.98% merchant fees to SMEs
SMEs in Osaka will also be able to avail of an android terminal for free.
Mizuho Financial Group publishes impact business policy
The policy defines the bank’s course of action on impact-driven businesses.
Japanese banks back fund to develop space industry
SMBC, MUFG, and Mizuho Bank are all named limited partners.
Japan’s SMBC joins JV to support drug discovery start-ups
The bank will own 33.2% of the JV company, which will be established mid-2024.
Mebuki's profits to improve but unrealised losses to rise
Its problem loans ratio is stable due to strong borrower quality.
Rising rates lift profitability of Japan’s 77 Bank
The same rising rates will increase the bank’s unrealized losses on its domestic bonds.
Japanese banks ‘less reluctant’ to finance hostile takeovers: report
Banks are seeing a rise of deals related to unsolicited bids for corporate takeovers.
16 foreign e-wallets now accepted in Japan through Alipay+
Alipay, KakaoPay, Touch ‘n Go, GCash and TrueMoney are the most popuar.
Japan’s policy rate may rise to 0.25% by end-2025: Fitch
Regional banks will not benefit much from rising interest rates, however.
Mobile tap payments produces least carbon emissions vs cash and ATMs: study
ATMs make up a bulk of carbon emissions, at 7.14g CO2e per transaction.
Japan banks clinch $1.98b boost in interest income after policy shift
But a rise in deposit rates presents risks, analysts warned.
Banks fine but SMEs at risk by Japan's 'historic' policy shift
SMEs may see more challenges from the higher interest rates and higher wages.
Japan exits negative interest rate policy on record wage hikes
With salaries rising by 5.28% on average, the BOJ sees cycle of wages and prices more “solid”.
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Why Philippine banks, insurers embrace hyper-personalized services
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Industry experts push for the rapid progress of unified customer data as a starting point.
Industry experts push for the rapid progress of unified customer data as a starting point.
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