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A Japanese megabank is among the organizations impacted by Russia’s refusal to return hundreds of foreign-owned aircraft in reprisal for sanctions imposed over the country s invasion of Ukraine. ....
The yen continued to fall in value against the U.S. dollar on April 20, and market players said there are no signs of anything on the horizon that can prop up the Japanese currency. ....
Traditional “nyusha-shiki” welcoming ceremonies boasting big crowds have come back in fashion, as major companies revived their standard, pre-pandemic pomp to greet fresh recruits in-person this year. ....
Saddled with debts to the tune of 1 trillion yen ($8.69 billion), leading auto parts manufacturer Marelli Holdings Co. has turned to major banks and other companies for funds to help turn its affairs around, informed sources said. ....
Mizuho Financial Group Inc. announced a new lineup of top executives as well as measures to restore public confidence after it was reprimanded by the nation’s financial regulator for a series of computer system failures over the past year that deeply tarnished the company’s credibility. ....