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Lese-Ansicht

Rakuten Bank Shares Jump as Mizuho Considers Investment

Rakuten Bank Ltd. shares surged after Mizuho Financial Group Inc. said it is considering investing in the firm as one of the options for Japanese e-commerce giant Rakuten Group Inc.’s planned reorganization of its financial businesses.

The Rakuten Bank Ltd. logo on a laptop computer screen arranged in Yokohama, Japan.
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North Korea Launches Multiple Ballistic Missiles Off East Coast

North Korea launched ballistic missiles toward waters off its east coast, authorities in South Korea and Japan said.

A North Korean flag flies at the Embassy of North Korea compound in Kuala Lumpur, Malaysia, on Saturday, March 20, 2021. Kim Jong Un’s regime cut off diplomatic relations with Malaysia, accusing it of a “super-large hostile act” after its top court ruled a North Korean man can be extradited to the U.S. face money-laundering charges.
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Japan No. 2 Lender SMFC’s Shares Tumble After Reported MFS Exposure

Sumitomo Mitsui Financial Group Inc. shares tumbled the most in almost a year after its banking subsidiary was reported to have a big exposure to Market Financial Solutions Ltd., whose collapse in the UK has hit several financial firms.

The logo of SMBC Nikko Securities Inc., a unit of Sumitomo Mitsui Financial Group Inc., outside its head office in Tokyo, Japan, on Thursday, Oct. 14, 2021. The Bank of Japan and Financial Services Agency are assessing if local financial institutions have any remaining Libor-linked contracts that will be difficult to shift to alternative interest rates before the benchmark expires. Photographer: Toru Hanai/Bloomberg
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