Tokyo-based Sumitomo Mitsui Banking Corp. (SMBC) has agreed to buy a 20% stake in India’s Yes Bank for 135 billion rupees ($1.6 billion) as the Japanese lender deepens its presence in the world ...

Sumitomo was granted an initial option (phase 1) to earn a 60% interest in the Project by incurring minimum exploration expenditures of $3,000,000 by the second anniversary of the Definitive ...

Japan’s Sumitomo Mitsui Banking Corporation is likely to pick up 51% stake in Yes Bank from the scam-hit bank’s shareholders. The Japanese bank is reportedly in talks with several key equity ...

TOKYO -- Sumitomo Chemical will reduce its production capacity for polarizing film used in LCD panels in a pullback reflecting Chinese manufacturers' rise in the market. The company decided in ...

TOKYO -- Japanese trading house Sumitomo Corp. said on Wednesday that it acquired U.S.-based ActivStyle, spending an undisclosed sum on a company that sells home health care products for urinary ...

ST. PAUL, Minn., May 7, 2025 /PRNewswire/ -- Sumitomo Corporation (Head Office: Chiyoda-ku, Tokyo; Representative Director, President and Chief Executive Officer ...

Japanese financial services giant Sumitomo Mitsui Banking Corporation (SMBC) has agreed to buy a 20% stake in YES Bank in what would be the largest cross-border transaction in the Indian banking ...

Japan’s second-largest banking group, Sumitomo Mitsui Financial Group (SMFG), through its wholly owned subsidiary Sumitomo Mitsui Banking Corporation (SMBC), will acquire a 20 per cent stake in Yes ...

The partnership will kick off with a launch in Southeast Asia focusing on a device upgrade programme, leveraging bolttech's distribution capabilities and Sumitomo Corporation's vast network of ...

(RTTNews) - Sumitomo Mitsui Financial Group, Inc. (SMFG) Wednesday reported higher profit and ordinary income in its fiscal 2024. Further, the company projects higher earnings in fiscal 2025.

Morocco is linked to Europe on the strength of its auto sector and a trade pact. But its status as a connector country has become precarious in the trade war. By Patricia Cohen Patricia Cohen, who ...