Japanese megabanks to raise mortgage interest rates amid policy shifts
Floating interest rates on housing loans, tied to the short-term prime rate, are expected to see increases.
Mitsubishi UFJ Financial Group
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Japan’s Topix index reaches record high amid surge in banks and automakers
The Tokyo Stock Price Index (Topix) hit a record high as Japan’s banking and automotive sectors experienced significant gains, reflecting robust economic growth and investor optimism in key industries.
Japanese megabanks intensify focus on U.S. market amid profit growth prospects
Japanese megabanks, Mitsubishi UFJ Financial Group, Sumitomo Mitsui Financial Group, and Mizuho Financial Group, are strategically expanding in the U.S., eyeing high profit margins.