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Audit finds 1 trillion yen in COVID-19 loans irrecoverable | The Asahi Shimbun: Breaking News, Japan News and Analysis

About 1 trillion yen ($6.6 billion) in loans that government-affiliated lenders extended to small businesses during the COVID-19 pandemic will likely never be recovered, according to a Board of Audit study. ....

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Japan's payments clearing system disrupted by glitch: MUFG Bank

Japan's nationwide payments clearing system has been disrupted by a glitch, affecting some domestic fund transfers between banks, MUFG Bank says. ....

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