Sumitomo Mitsui Banking Corporation news

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Sumitomo Mitsui Banking Corporation is a Japanese multinational banking financial services institution owned by the Sumitomo Mitsui Financial Group, which is also known as the SMBC Group. It is headquartered in the same building as SMBC Group in Marunouchi, Chiyoda, Tokyo, Japan.

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economy3 h ago

Bank of Japan raises policy rate to 1.25% for 31-year high

The Bank of Japan raised its policy rate to 1.25%, the highest in 31 years. The move from 1.00% to 1.25% signals continued normalization of monetary policy. Coverage highlights the impact on inflation dynamics and yen weakness.