Japan

DBS inks MOU to assists Japan SMEs’ Asian expansion

DBS will provide financing and professional services support.

MUFG employee steals up to $12.9m from safe deposit boxes

At least 60 safe deposit box lessors are affected, the bank said in a statement.

Japan Post Bank posts $1.44b net income for H1 FY2025/3

This is 22.3% higher than the H1 period in FY2024/3.

SMFG reports $4.86b profit for H1 FY2024

Earnings per share (diluted) is JPY184.72 for the period.

Mizuho Bank, Rakuten launch co-branded card

Customers can earn up to 3% Rakuten Points when shopping.

Mizuho, Rakuten form alliance; will launch new cards, installment payments

The six companies aim to create new retail business models for the payments industry.

PayPay and Alipay+ expands partnership to extend e-wallet payment options across Japan

Alipay+ will connect to over 3 million local merchants in the global payment ecosystem.

Mizuho expands mid-term finance emission targets

The targets are aimed to be met by FY2030.

Mizuho, UNDP team up to support impact businesses

UNDP will provide Mizuho with advisory services.

Japan’s SMFG completes transfer of securities business to UK subsidiary

SMBC Nikko Capital Markets will be closing down its Abu Dhabi branch.

Mizuho buys stake in fusion power tech firm Zap Energy

Mizuho said that this is part of its bid for carbon neutrality.

JCB enables Google Pay payments via contactless terminals

Customers can now add their credit/debit JCB card to Google Pay.

Japan, Cambodia’s financial service authorities exchange letters of cooperation

They will exchange views on regulatory and supervisory practices.

Mizuho purchases non-voting minority stake in Golub Capital

Mizuho’s stake represents less than 5% in Golub Capital’s management companies.

Citi names Tokiya Kishie as head of markets for Japan

He is tasked with driving growth and leading the markets franchise in Japan.