Japan banks weigh first rate hikes on ordinary deposits in 17 years
Mizuho Financial Group logo is seen at the company’s headquarters in Tokyo, Japan, Aug. 20, 2018. REUTERS/Toru Hanai/File photo TOKYO — Mizuho Financial Group said on Tuesday it plans to raise interest rates on ordinary yen deposits for the first time in 17 years after the Bank of Japan ended eight years of its unorthodox …