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Banks across Japan, the U.S. and Europe face potentially big losses from their Russian operations, as sanctions and an exodus of global companies dim the prospects of recouping a combined $150 billion in debt owed by the country and businesses. (Nikkei)

Japan's Mizuho Bank has experienced another system failure. Tuesday's incident was the latest in a series that started last year. (NHK)

Mizuho Bank said Friday it has failed to process some 300 money transfer requests following a temporary system failure the previous day that was its ninth this year. (Kyodo)

Japan's weighting in MSCI Inc.'s global equity benchmark is crumbling. Japanese stocks now account for about 5.65% of the MSCI ACWI Index, down from 7.35% in November 2019, according to calculations by Mizuho Securities Co. Min Jeong Lee reports on "Bloomberg Markets: Asia." (Bloomberg Markets and Finance)

Mizuho Financial Group Inc. chairman and president as well as the head of its banking unit will resign next spring following a series of system failures that have hurt public confidence in one of Japan's major financial institutions, sources with knowledge of the plan said Thursday. (Kyodo)

Japan Airlines Co. said Friday it will raise around Y300 billion ($2.7 billion) via a combination of subordinated loans and bonds to bolster its financial standing as the fallout from the coronavirus pandemic drags on. (Japan Times)

A Japanese government-backed lender says it is going to reduce to zero its outstanding loans for overseas coal-fired power plants. (NHK)

Mizuho Bank suffered its fifth system failure of the year on Friday that prevented the completion of deposits, withdrawals, transfers and other transactions at its branch counters across Japan, its parent company said. (Kyodo)

Google's foray into fintech services in Japan threatens to drastically change the smartphone payment market, challenging PayPay and other leading cashless payment companies that are already struggling to win customers after offering big refunds. (Nikkei)

Google is making a foray into financial services in Japan by acquiring a cashless payment company for between 20 billion and 30 billion yen ($180 million to $270 million), Nikkei has learned. (Nikkei)

TOKYO (TR) – Tokyo Metropolitan Police arrested a 36-year-old woman after she attempted to rob the headquarters of Mizuho Bank, Ltd. in Chiyoda Ward on Tuesday, reports TV Asahi. (tokyoreporter.com)

Japan's top three banks are pushing to get greener. They're tightening lending to coal-fired energy plants, as the world turns to cleaner fuels. (NHK)

TOKYO (TR) – Tokyo Metropolitan Police have arrested a 38-year-old man who is suspected of drugging and sexually abusing several boys in the town of Mizuho, reports Kyodo News. (tokyoreporter.com)

As returns-hungry Japanese banks may lend or invest even more abroad after a record year of 2020, the lenders face rising risk of defaults and market volatility in their growing overseas operations, analysts warn. (spglobal.com)

More Japanese lawmakers and businesses are throwing their support behind shorter workweeks to give families more time to take care of children and older family members, as well as to adapt to a world where remote work is increasingly common. (Nikkei)

The president of one of Japan's major financial groups has apologized again for systems failures that shut down ATMs across the country. He said the problems have been fixed and the machines are more secure. (NHK)

Japan's financial services minister says regulators will look into the situation following warnings of massive losses by global banks. (NHK)

Mizuho Bank suffered its fourth system glitch in two weeks Friday, dealing a serious blow to the management of one of Japan's top banks that has a history of troubling customers with technical problems. (Japan Today)

Japan’s Mizuho Bank stopped service at some of its automated teller machines (ATMs) on Sunday after the machines devoured customers’ cash cards and bank books. (Japan Times)

The population in Tokyo has fallen year-on-year for the first time in almost a quarter-century. (NHK)

Eighty-eight Japanese companies including Toyota Motor and the country's three mega banks joined the Japan Hydrogen Association that was set up on Monday to encourage the wider use of hydrogen by establishing a fund and supporting new projects. (Nikkei)

A new survey shows that more people moved out of Tokyo than migrated to the metropolis in the six months through September amid the spread of the coronavirus. (NHK)

The parent company of All Nippon Airways Co. plans to acquire 400 billion yen ($3.8 billion) in loans from five Japanese banks as the airline operator's earnings have sharply deteriorated under the novel coronavirus, sources close to the matter said Wednesday. (Kyodok)

ANA Holdings is in discussions for 500 billion yen ($4.6 billion) in financing from the Development Bank of Japan as well as private financial institutions, Nikkei has learned, as the airline company braces for a prolonged plunge in passenger numbers amid the coronavirus pandemic. (Nikkei)

Leading Japanese universities and corporations have joined hands with IBM to develop practical quantum computing applications in finance, materials development and the broader business scene. (Nikkei)

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