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Mitsubishi UFJ Financial Group Inc

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  • *Better-than-expected China data lifts China- related stocks. TOKYO, Jan 20- Japanese stocks surged to a more than one-week high on Tuesday morning as China's better-than-expected growth data lifted China- related stocks, while expectations that the European Central Bank will unveil easing measures buoyed overall sentiment. China- related shares...

  • Dollar set to rack up strongest year since 2005 Wednesday, 31 Dec 2014 | 2:06 PM ET

    The dollar was set to end 2014 with a gain of more than 12 percent against a basket of major currencies on Wednesday.

  • *Japanese lenders also planning to offer new services in India. MUMBAI, Dec 17- Faced with a shrinking economy and tepid loan demand at home, Japan's largest banks are looking to bolster their presence in India, enthused by Prime Minister Narendra Modi's reform agenda and improving ties between the two countries. Standard Chartered, the biggest foreign player in...

  • What recession? Japan Inc is on a roll Wednesday, 10 Dec 2014 | 5:50 PM ET

    Japan's economy may be in the doldrums with a deepening recession, but one sector is making serious headway with reforms.

  • Dec 9- Sumitomo Mitsui Financial Group Inc will announce as soon as next week that it will buy Citigroup Inc's Japanese consumer banking business, Bloomberg reported, citing people with knowledge of the matter. Reuters reported in November that four banks including SMFG unit Sumitomo Mitsui Banking Corp were expected to participate in the second round of...

  • Dollar surges on strong U.S. jobs data Friday, 5 Dec 2014 | 5:25 PM ET

    The U.S. dollar reached fresh multiyear highs on Friday after a stronger-than-forecast November U.S. jobs report.

  • TOKYO, Nov 28- Japan's biggest banks have begun including their smaller regional peers in overseas project financing deals- a development pushed for by financial authorities keen for regional lenders to reduce their outsized dependence on government bond investments. Japan has more than 100 regional banks whose combined deposits account for about half...

  • *Sony jumps to 3 1/ 2- year high on growth hopes, broker upgrade. TOKYO, Nov 25- Japan's Nikkei share average rose on Tuesday morning as Wall Street's gains and China's interest rate cut encouraged investors to play catch-up after a long weekend. JPMorgan raised its rating on Sony to' overweight' from' neutral', saying that bad news about its mobile phone and TV...

  • NEW YORK, Nov 18- Bank of Tokyo-Mitsubishi has agreed to pay $315 million to New York's banking regulator for submitting a whitewashed report about its improper handling of transactions involving countries subject to U.S. sanctions, the regulator said on Tuesday. The report formed the basis for a $250 million settlement the bank, the largest in Japan, reached...

  • TOKYO, Nov 17- Japan's Nikkei share average tumbled 2.6 percent to a one-week low on Monday morning after Japan's economy unexpectedly slipped into recession. The news prompted investors to take profits after recent gains stemming from expectations Prime Minister Shinzo Abe will postpone a planned sales tax hike. Japan's economy unexpectedly shrank an...

  • *Japan's GDP fall cements views Abe will call election. TOKYO, Nov 17- Japan's Nikkei share average fell on Monday morning after Japan's economy unexpectedly slipped into recession, prompting investors to take profits from recent gains on the view that Prime Minister Shinzo Abe will postpone a planned sales tax hike. Japan's economy unexpectedly shrank an...

  • Pedestrians look at an electronic stock board displaying the figure of the Nikkei 225 Stock Average, center top left, and the exchange rate of the yen against the U.S. dollar, center top right, outside a securities firm in Tokyo, on Friday, Oct. 31, 2014.

    Asian bourses finished mixed on the last trading day of the week.

  • *MUFG H1 net profit 579 bln yen vs own f'cast 450 bln yen. TOKYO, Nov 14- Japan's top three banks reported profits for the first half of the year far beyond their initial estimates, as reduced credit costs made up for more muted stock gains during a period of cooling enthusiasm over "Abenomics". Mitsubishi UFJ Financial Group Inc, Mizuho Financial Group Inc and Sumitomo...

  • TOKYO, Oct 31- Japanese stocks soared to levels before the global financial crisis on Friday, after the Bank of Japan stunned markets by easing policy further in a move prompted by slow inflation after an April tax hike dented economic growth. The central bank decided to increase the pace at which it expands base money to about 80 trillion yen per year, up from a...

  • Risk-on trade pulls dollar higher Thursday, 23 Oct 2014 | 2:08 PM ET

    The dollar rallied on Thursday as investors plowed cash back into riskier asset classes, with an underpinning of promising data.

  • *Investors cautious on Europe; eye BOJ for response. TOKYO, Oct 17- Japanese stocks declined on Friday morning, failing to arrest this week's sharp slide as investor nervousness about slowing global growth eclipsed relief over a set of upbeat data from the United States. Investors were also cautious over signs of more financial and economic stress in Europe.

  • YANGON/ SINGAPORE, Oct 8- Myanmar has thrown open the door to foreign banks, but weak credit protection and tight restrictions on lending mean it's not a warm welcome, at least not yet. Nevertheless, with growth forecast at an annual 8.5 percent over the next few years, according to the International Monetary Fund's latest projections, and an economy where bank...

  • "Given its size, economic potential and its strategic position between China and India, Myanmar is forecast to be one of the fastest growing economies in the region over the medium term," Andrew Geczy, CEO of international and institutional banking for Australia and New Zealand Banking Group, said in a statement.

  • Nomura, JP Morgan among Japan Post IPO underwriters Wednesday, 1 Oct 2014 | 3:09 AM ET

    The Japanese government has selected Nomura Securities and JP Morgan among the 11 underwriters for a planned IPO of state-owned Japan Post.

  • YANGON, Oct 1- Myanmar has granted nine foreign banks, including three Japanese lenders and Australia's ANZ, approval to operate on a limited basis- a move aimed at spurring foreign investment in an economy emerging from decades of military rule.