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HomeBusinessAnalysis:Japanese savers have rediscovered interest rates and banks are feeling it

Analysis:Japanese savers have rediscovered interest rates and banks are feeling it

TOKYO, Nov 6: For years, Japanese savers left their cash in bank accounts that paid next to nothing because few things paid much more. With government bonds now yielding four times as much as deposits, that no longer holds and banks are starting to worry. When the Bank of Japan last week declared victory in i

Read full story on Channel Newsasia

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