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Fixed-rate mortgage costs in Japan are set to rise again in June as the country's five major banks increase home loan rates in response to higher long-term interest rates, with their flagship 10-year fixed-rate mortgages rising to preferential rates of 3.27% at Mitsubishi UFJ Bank, 3.5% at Sumitomo Mitsui Banking Corporation, and 3.25% at Mizuho Bank.

The National Police Agency announced on May 28th that it will launch a new framework in cooperation with nine financial institutions aimed at rapidly tracing money stolen through special fraud schemes and other scams, as damages from such crimes reached a record high last year.

An advanced artificial intelligence model developed by U.S.-based AI startup Anthropic is raising alarm worldwide over the growing threat of AI-powered cyberattacks, with experts warning that financial systems and critical infrastructure could become targets if the technology falls into the wrong hands.

Mizuho Bank announced on April 9th that it will raise its long-term prime rate, a benchmark for corporate lending, by 0.2 percentage points to 3% annually, reflecting the recent upward trend in interest rates, with the change set to take effect on April 10th.

Mizuho Financial Group has decided on a policy to improve operational efficiency through the use of artificial intelligence, aiming to reduce administrative work equivalent to as many as 5,000 employees over the next decade.

The three major Japanese banking groups posted consolidated net profits exceeding 1 trillion yen each for the April–December 2025 period, supported by improved interest margins following interest rate hikes by the Bank of Japan and steady corporate demand for funds.

Three major banks, including Mitsubishi UFJ Bank, announced that they will raise fixed mortgage rates applied from next month. The preferential rate for the standard 10-year fixed mortgage will be increased to 2.75% at Mitsubishi UFJ Bank and Mizuho Bank, while Sumitomo Mitsui Banking Corp. will raise the rate to 2.85%.

The draw for Japan’s year-end Jumbo Lottery, offering a combined top prize of 1 billion yen including front and back prizes, was held on December 31 at Tokyo Opera City in Shinjuku, with around 1,000 spectators watching anxiously as the numbers were revealed.

The Bank of Japan has decided to raise its policy interest rate to around 0.75 percent, a level not seen in 30 years, prompting questions about how the move will affect the weak yen, rising prices, and household finances across different generations.

Japan has become a shorthand for innovation and high-tech culture. In 2000, Sumimoto Bank became part of a historic moment in finance: the launch of the first-ever online banking system.

The Japan Series will open on October 25th, with the Pacific League champion Fukuoka SoftBank Hawks facing off against the Central League champion Hanshin Tigers. As the Hawks seek their first championship in five years, not only the players but also the people of Fukuoka are charged with excitement.

Former Prime Minister Tomiichi Murayama, who served as Japan's 81st prime minister and led the country through major events including the 1995 Kobe earthquake, passed away on the morning of July 14th at a hospital in Oita City. He was 101 years old.

MUFG Bank will open its first new branch in roughly two decades, positioning the outlet for individual customers and emphasizing easy access to asset-management consultations.

A special feature focuses on central banks, markets, and politics from the perspective of over 30 years of experience, with veteran economist Ueno Yasunari offering his insights.

Japan’s three largest banking groups have all reported record net profits for the past fiscal year, with their combined earnings nearing 4 trillion yen.

Japan has always supported innovation, and this is even more true in the digitalized age.

A new type of store will open this season at the home stadium of the Fukuoka SoftBank Hawks, the Mizuho PayPay Dome: a cashier-free "smart store" that allows customers to shop without stopping to pay at a register.

Banks are engaged in an intense battle to attract deposits, pushing interest rates higher. While savings account holders may benefit from increased interest earnings, rising rates also mean heavier mortgage burdens and potential rent hikes.

Rakuten Group reported an operating profit of 500 million yen for the quarter from July to September, marking a sharp turnaround from last year’s 54.4 billion yen loss and achieving its first quarterly profit in nearly four years.

Campaigning in Japan's Lower House election has officially kicked off. Registration is now closed, with over 1,000 candidates in the running. (NHK)

Starting October 1, Japan's major banks will raise their variable mortgage rates, sparking a surge in demand at housing sales sites.

In the first half of this year, the market experienced significant fluctuations, marking a historic turning point for the Japanese market. The Nikkei Stock Average surpassed 40,000 yen for the first time in March. Meanwhile, despite the high-interest-rate environment in the United States, the economy remained robust, and stock prices continued to hit record highs.

In Japan, where women's salaries remain at about three-quarters of men's, the government initiated a new project team on April 24 focused on rectifying gender pay disparities.

A young female bank employee in her third year at Mizuho Bank's Kobe branch, Naho Takahara, 24, is setting her sights on a solo transatlantic yacht race.

Monday saw the strongest winds of the year blow across Japan, stoking numerous fires, and creating a dust cloud visible from space.

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