Business
Apple expects ‘significantly higher’ memory chip cost in upcoming quarters
Technology iPhone giant posts record March quarter results on 28% sales jump in China Apple saw revenue growth in all regions during the quarter but China saw the biggest sales jump. © Reuters YIFAN YU May 1, 2026 06:18 JST Updated on May 1, 2026 07:44 JST PALO ALTO, California — Apple reported a March […]
Japan’s JFE to double India steel capacity by 2030 on infrastructure demand
Companies Steelmaker invests $1.7bn into local joint venture as competition grows JFE Steel’s integrated steelworks in India, jointly operated with JSW Steel. (JFE Steel) MUMBAI — Japanese steelmaker JFE Steel has begun operating an integrated steel plant in India with a local partner, part of an investment rush that is predicted to raise the country’s […]
Asahi goes big in Africa with $3bn deal for maker of Tusker beer
Food & Beverage East African Breweries buy raises eyebrows in wake of cyberattack on Japan brewer Tusker beer, made by Kenya-based East Africa Breweries, has been in the region for more than a century. © AP TOKYO — With its planned acquisition of the maker of elephant-branded Tusker beer, Japan’s Asahi Group Holdings hopes to […]
Japan campsites on high alert for bears during Golden Week holidays
Sightings of bears around residential areas have been rising, highlighting the risk of encounters with wild animals. (Nikkei image) YUTA SHIMASAKI and YUNA TANTO TOKYO — With Japan’s Golden Week travel season underway, campgrounds and local governments are deploying scare devices and taking additional steps to ward off bear activity.
Access channel to ports in Santa Catarina decreases depth due to lack of dredging
Port of Itajaí (SC) • Reuters The access channel to the ports of Itajaí and Navegantes, in Santa Catarina, lost around 30 centimeters of operational depth after a period of almost two months without dredging. Super Rectangle (728×90) – Position 17 The reduction could directly affect port logistics. The limitation can generate an […]
Japan’s Ulvac to reshore production of rare earth magnet-making equipment
Supply Chain Manufacturer seeks to mitigate supply chain risk for clients with shift from China Ulvac will establish capacity to make vacuum melting furnaces at the plant located at the company’s headquarters in Chigasaki, Japan. (Ulvac) TOKYO — Ulvac will soon move production of equipment that makes rare-earth magnets back to Japan from China, Nikkei has learned.
Toyota to build 3 India plants, tripling output in country
Automobiles Automaker will use facilities to export to growing Africa, Middle East markets Toyota unveils an Urban Cruiser electric SUV for the Indian market in Mumbai on April 20. (Photo by Takanori Okabe) RYO ASAYAMA, SHOTA UEHARA and KYOHEI SUGA NAGOYA, Japan/TOKYO — Toyota Motor plans to build three vehicle assembly plants in India, tripling its […]
State Street and SBI to launch low-fee investment trusts in Japan
Finance Japanese financial group aims to compete with fund from Mitsubishi UFJ Asset Management SBI looks to leverage State Street’s investment capabilities and extensive product portfolio. (Source photos by Nikkei) RYUTA MINAMIHATA and KINU YONAGA TOKYO — Japanese financial group SBI Holdings and U.S. asset management giant State Street Investment Management will partner to launch investment […]
Japan launches FX intervention, briefly pushing yen to 155 from 160
Currencies Currency strengthens after government moves to curb yen weakness Finance Minister Satsuki Katayama issued a verbal warning about the yen’s weakness on Thursday. (Nikkei montage) Nikkei staff writers April 30, 2026 21:12 JST Updated on April 30, 2026 22:53 JST TOKYO — The Japanese government and the Bank of Japan intervened in the foreign exchange […]