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Business trends

Japanese banks tap the brakes on Asian expansion

MUFG and Sumitomo Mitsui focus on quality rather than quantity of loans

ATM machines of Krungsri, or Bank of Ayudhya, are seen in Bangkok, Thailand. MUFG is the bank's main shareholder.   © Reuters

TOKYO -- Japanese banks are moderating their push into other Asian markets amid signs of economic slowdowns across the region.

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