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Sumitomo Mitsui Financial Group, Inc. (SMFG)

NYSE - Nasdaq Real-time price. Currency in USD
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6.78+0.06 (+0.89%)
As of 02:23PM EST. Market open.
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  • Bloomberg

    SMFG Said to Face $670 Million Tax on Fullerton India Deal

    (Bloomberg) -- Sumitomo Mitsui Financial Group Inc. is facing a 55 billion rupee ($670 million) tax bill from India on its roughly $2 billion acquisition of Fullerton India Credit Co., far outweighing what the Japanese lender has set aside, according to people familiar with the matter.Most Read from BloombergPutin Calls Russian Nukes Deterrent Factor, Says War Risk RisingMusk Spars With San Francisco Over Probe of Bedrooms at TwitterTrump Companies Are Convicted in NY Criminal Tax Fraud TrialBon

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    Tokyo Inflation Hits Fastest Pace Since 1982, Fueled by Weak Yen

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    Japan Inflation Hits Four-Decade High in Test of BOJ Resolve

    (Bloomberg) -- Japan’s inflation hit its fastest clip in 40 years in October, an outcome that further stretches the credibility of the central bank’s view that continued stimulus is needed to secure stable price growth.Most Read from BloombergMusk’s ‘Hardcore’ Ultimatum Sparks Exodus, Leaving Twitter at RiskQatar Bans Alcohol Sales at World Cup Stadiums in Abrupt U-TurnFTX’s New Boss Reveals Chaos Left Behind by Bankman-FriedThis Is the Memo Twitter Sent Telling Staff Offices Were ClosedGOP Reta