Executives at a leading Japanese bank have apologized and taken pay cuts after police arrested an employee who allegedly stole about $9 million worth of valuables from customers’ safe deposit boxes.

(Bloomberg) -- Mitsubishi UFJ Financial Group Inc. said its banking unit chief and other ... Other senior executives will take similar pay cuts. Japan’s biggest bank said in November that ...

Mitsubishi UFJ Financial Group, known as MUFG, is Japan’s largest banking group, with 8.0% share of domestic loans and 11.6% of deposits as of March 2024. It was also the most global among Japanese banks in terms of the contribution of overseas operations to profits and balance sheet,

Giving explicit advance signals, in addition to making the Bank of Japan feel boxed in, could breach Japanese law stipulating the nine-member board must debate and sign off on rate decisions at each policy meeting.

Tokyo (Jiji Press) — Japanese Prime Minister Shigeru Ishiba said Tuesday that he aims to build a relationship of trust with Donald ... deliberations in the Diet, Japan’s parliament.

TOKYO, Jan 24 (Reuters) - Japan's Mitsubishi Motors (7211.T), opens new tab, a junior partner of Nissan Motor (7201.T), opens new tab, is considering not joining a planned merger between Nissan ...

Japan’s central bank looks poised to lift its key interest rate to 0.5%, from 0.25%, at its meeting Thursday and Friday, according to around 80% of economists polled by Reuters.

Japan’s core consumer inflation accelerated to 3.0% in December, the fastest annual pace in 16 months, data showed earlier on Friday, in a sign rising fuel and food prices continue to push up ...

TOKYO: Japanese Prime Minister Shigeru Ishiba (pic) on Tuesday (Jan 21) congratulated Donald Trump on his return to the White House and said he wanted to build a "relationship of trust".

Mitsubishi Motors Corp is considering not joining the planned ... President Takao Kato told reporters in Tokyo, "Nothing has been decided." Honda and Nissan, Japan's second- and third-largest carmakers by volume, announced late last year they would launch ...

The Bank of Japan (BOJ) raised its key interest rate to about 0.5% from 0.25% on Friday, noting that inflation is holding at a desirable target level. “The economy is gradually recovering ...

Japan's central bank has increased the cost of borrowing to its highest level in 17 years, after consumer price rises accelerated last year. The move by the Bank of Japan (BOJ) to raise its short ...