Financial Insights That Matter By Anton Bridge TOKYO (Reuters) -Japan’s second-largest banking group Sumitomo Mitsui Financial Group hit a record 1.18 trillion yen ($8.1 billion) profit for the financial year ended March 2025 and sees more growth ahead even accounting for the hit to its business from tariff uncertainty. SMFG generated net income of 42 […]
Financial Insights That Matter Unlock the Editor’s Digest for free Roula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter. Foreign investors bought a record amount of Japanese equities and bonds in April, as the chaotic aftermath of Donald Trump’s “liberation day” tariffs made Tokyo a global haven for the “de-dollarisation” […]
Financial Insights That Matter TOKYO — The Japanese Finance Ministry is pressing the Chinese government to ease capital controls, Nikkei learned Tuesday, in the hope that investors’ appetite for Japanese securities will bring in capital from mainland China. With China’s real estate sector slumping and the economy stagnating, attractive investment targets have dwindled. That means […]
Financial Insights That Matter (Bloomberg) — Japan’s bank deposits increased at the slowest pace since April 2007 as households seek to safeguard their assets from inflation. Most Read from Bloomberg Deposits climbed 0.7% in April from a year earlier, decelerating for a third straight month, according to a Bank of Japan report released Monday. The […]
Financial Insights That Matter By Makiko Yamazaki TOKYO (Reuters) -Japanese Finance Minister Katsunobu Kato said on Tuesday that he would seek to meet U.S. Treasury Secretary Scott Bessent on the sidelines of the G7 meetings in Canada next week to discuss foreign exchange. “I’m making preparations to attend the meetings of G7 finance leaders in […]
Financial Insights That Matter High risk warning: Foreign exchange trading carries a high level of risk that may not be suitable for all investors. Leverage creates additional risk and loss exposure. Before you decide to trade foreign exchange, carefully consider your investment objectives, experience level, and risk tolerance. You could lose some or all your […]
Financial Insights That Matter TOKYO — Japan’s top three banks are set to report combined net profit of roughly 3.9 trillion yen ($26.3 billion) for the year ended March, a 25% gain propelled by sales of cross-held shares and the Bank of Japan’s interest rate hikes, Nikkei has learned. This will mark the second straight year of […]
Financial Insights That Matter Ministry of Finance. (Mainichi) TOKYO (Kyodo) — Japan posted a record current account surplus of 30.38 trillion yen ($208 billion) in fiscal 2024, marking a high for the second consecutive year, buoyed by its biggest-ever returns on foreign investments, government data showed […]
Financial Insights That Matter The latest announcement is out from Japan Securities Finance Co ( (JP:8511) ). Japan Securities Finance Co., Ltd. has announced a change in its accounting auditor, with Ernst & Young ShinNihon LLC set to replace Crowe Toyo & Co. This decision, approved by the Audit Committee, is aimed at bringing a […]
Financial Insights That Matter Japan’s leading financial regulator reported an explosion of unauthorized stock market trades in April — with almost $2 billion in funds moved by hackers. Japan’s Financial Services Agency (FSA) provided updated figures for last month after initially warning that there had been a “sharp increase in the number of cases of […]