Sumitomo Mitsui Financial

Yahoo Finance • last month

BOJ to raise interest rates again in Q4, possibly in October, say economists: Reuters Poll

By Satoshi Sugiyama TOKYO (Reuters) -The Bank of Japan will raise its key interest rate by at least 25 basis points again later this year, according to nearly two-thirds of economists in a Reuters poll, up from just over half a month ago.... Full story

Yahoo Finance • 2 months ago

Pinnacle Financial, Qifu, eToro, Galaxy log biggest weekly swings: financials wrap

[Stock market and exchange concept with skyline, bar graph, chart and stock ticker.] Torsten Asmus Financial stocks largely followed the stock market higher this week, with the Financial Select Sector SPDR ETF (XLF [https://seekingalpha.c... Full story

Yahoo Finance • 2 months ago

Sumitomo Mitsui Financial (SMFG) Invests Big in AI and Digital Growth

Sumitomo Mitsui Financial Group, Inc. (NYSE:SMFG) is one of the 13 Best Japanese Stocks to Buy According to Hedge Funds. On July 8, Sumitomo Mitsui Financial Group, Inc. (NYSE:SMFG) announced the appointment of Mr. Ahmed Jamil Mazhari to l... Full story

Yahoo Finance • 3 months ago

Japanese Bonds Tumble as Fiscal Worries Mount Before Election

(Bloomberg) — The slump in Japan’s long-term bonds intensified Monday, pushing yields sharply higher in a move that puts global debt markets on alert. Most Read from Bloomberg Why Did Cars Get So Hard to See Out Of? How German Cities Are... Full story

Yahoo Finance • 3 months ago

Nippon Steel secures $5.6 billion in loans for U.S. Steel acquisition

Investing.com -- Japan’s Nippon Steel said on Wednesday it would raise 800 billion yen ($5.6 billion) through two subordinated loans to help fund its $14.9 billion acquisition of U.S. Steel and refinance existing debt. The Japanese steelm... Full story

Yahoo Finance • 3 months ago

Nippon Steel to raise $5.6 billion in subordinated loans to fund U.S. Steel deal

By Yuka Obayashi TOKYO (Reuters) -Japan’s Nippon Steel said on Wednesday it would raise 800 billion yen ($5.6 billion) through two subordinated loans to partially fund its recent $14.9 billion acquisition of U.S. Steel and refinance previ... Full story

Yahoo Finance • 3 months ago

Nomura raises Sumitomo Mitsui Financial Group price target on strong client operations

Investing.com - Nomura raised its price target on Sumitomo Mitsui Financial Group (8316:JP) (NYSE:SMFG) stock to JPY5,600 from JPY5,000 while maintaining a Buy rating. The research firm cited strong performance in client-facing operatio... Full story

Yahoo Finance • 3 months ago

Japan Flags Big Cut to Long-End Bond Issuance Before Auction

(Bloomberg) -- Japan’s larger-than-expected cut to super-long bond issuance has potential to ease some upward pressure on yields just before an auction this week that risks reigniting turmoil in the debt market. Most Read from Bloomberg... Full story

Yahoo Finance • 5 months ago

Wall Street Plays Long Game as Deals Go Private

(Bloomberg) -- A KKR & Co. debt sale shows how far Wall Street is willing to go to keep leveraged underwriting business from slipping away to private credit after periods of turmoil. Most Read from Bloomberg As Trump Reshapes Housing Pol... Full story

Yahoo Finance • 5 months ago

Warren Buffett And His Successor Greg Abel Say Berkshire Hathaway Could Hold This $20B Bet For '50 Years Or Forever'

What began quietly years ago has grown into a defining long-term play for Berkshire Hathaway Inc. (NYSE:BRK) (NYSE:BRK), as the company signals no intention of slowing down or reassessing its $20 billion bet on Japanese trading companies,... Full story

Yahoo Finance • last year

Sumitomo Mitsui Financial Group, Inc. (SMFG): One of the Best Affordable Stocks Under $40 According to Short Sellers

We recently compiled a list of the 10 Best Affordable Stocks Under $40 According to Short Sellers.In this article, we are going to take a look at where Sumitomo Mitsui Financial Group, Inc. (NYSE:SMFG) stands against the other affordable s... Full story

Yahoo Finance • last year

Stocks Mixed After 40000 Milestone

U.S. stock indexes were mixed Friday after pulling back from their record highs on Thursday. Global stocks, bonds, bitcoin, gold and industrial metals have all gotten swept up in the latest wave of investor euphoria. The Dow was modestly h... Full story

Yahoo Finance • last year

Japan’s Biggest Banks Forecast Record Profits as Rates Rise

(Bloomberg) -- Sumitomo Mitsui Financial Group Inc. and rival Mizuho Financial Group Inc. forecast record profits for the year started in April, after the country’s central bank ended its policy of negative interest rates. Most Read from... Full story

Yahoo Finance • last year

Morgan Stanley’s Top 15 Stock Picks for 2024

In this article, we'll look into Morgan Stanley's top 15 stock picks for 2024. If you prefer to skip the introduction about the investment bank and its recent business developments, you can just dive straight into Morgan Stanley's Top 5 St... Full story

Yahoo Finance • 2 years ago

Japan's 3 megabanks to loan Nippon Steel $16 billion for U.S. Steel acquisition -Bloomberg

TOKYO (Reuters) - Sumitomo Mitsui Financial Group, Mitsubishi UFJ Financial Group and Mizuho Financial Group will lend Nippon Steel a combined $16 billion for its planned acquisition of U.S. Steel, Bloomberg reported on Tuesday. Citing se... Full story

Yahoo Finance • 2 years ago

UPDATE 1-Japan's 3 megabanks to loan Nippon Steel $16 bln for U.S. Steel acquisition -Bloomberg

(Adds background, details from report, banks' comments) TOKYO, Jan 30 (Reuters) - Sumitomo Mitsui Financial Group, Mitsubishi UFJ Financial Group and Mizuho Financial Group will lend Nippon Steel a combined $16 billion for its planned acq... Full story

Yahoo Finance • 2 years ago

10 Large-Cap Stocks Billionaires Like the Least

In this article, we will take a look at the 10 large-cap stocks billionaires like the least. To skip our analysis of the recent market trends and activity, you can go directly to see the 5 Large-Cap Stocks Billionaires Like the Least. Sto... Full story

Yahoo Finance • 2 years ago

Stock Market Today: Dow Leads Indexes Lower

Stocks retreated while bond yields rose ahead of the Federal Reserve’s interest-rate decision Wednesday. Continue reading... Full story

Yahoo Finance • 2 years ago

Hong Kong Shares Rise 0.6% Tracking Regional Gains

Hong Kong shares are higher but OCBC analysts caution that China’s market sentiment has become increasingly fragile, as confusion mounts over current policy priorities after the PBOC left the 5-year loan prime rate unchanged. Continue rea... Full story

Yahoo Finance • 2 years ago

Japan's top lenders in fresh drive to win US investment banking deals

* Mizuho's Greenhill deal to fill in 'missing pieces'-exec * Mizuho aims to be in top 10 US equity league table-exec * SMFG to triple stake in Jefferies to as much as 15% By Makiko Yamazaki and Ritsuko Shimizu TOKYO, July 3 (Reuters... Full story