Sumitomo Mitsui Profit Beats Estimates as Rate Hikes Kick In
Sumitomo Mitsui Financial Group Inc.’s profit rose more than analysts estimated in the fiscal third quarter, as the Bank of Japan’s interest-rate hikes put it on track to deliver record annual ...
Japan Sees Debt-Service Costs Jumping 25% by 2028 as BOJ Hikes
The Japanese government expects its annual debt-servicing costs to rise to almost $230 billion over the next four years as the central bank’s campaign to gradually raise interest rates drives up ...
Japanese lender SMFG on track to beat its forecast for a record year after hefty Q3 profit
Japan's Sumitomo Mitsui Financial Group said third-quarter net profit surged 54% on a boost in interest income, putting it on ...
Japanese lender SMFG Q3 profit surges 54% on interest income boost
Japan's Sumitomo Mitsui Financial Group reported a 54% increase in third-quarter net profit on Wednesday, buoyed by a boost ...