Business
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 […]
Kao shareholders vote down Oasis’s bid for independent supplier probe
Equities Retail shareholders back company’s track record, but urge further supply chain transparency Activist investor Oasis Management has been campaigning for changes to Kao’s board since taking a stake in the household products company in 2024. (Source photos Tomoki Mera, Oasis website) TOKYO — Shareholders of Japan’s Kao on Thursday voted down an activist investor’s proposal for […]
Japanese airlines see decrease in net profit for FY26 with fuel hikes
Companies JAL calls global conditions ‘increasingly uncertain;’ Chinese carriers catch tailwind Jet fuel prices are rising faster than expected for Japan’s big airlines and threatening profits. (Photo by Takaki Kashiwabara) MAYUKO KURIHARA April 30, 2026 13:11 JST Updated on April 30, 2026 20:02 JST TOKYO — Japan’s two major airlines project their net profits for […]
UAE’s exit from OPEC seen increasing oil supplies for Japan, China
Energy Eyes on whether Kazakhstan will make similar move and deal another blow to cartel OPEC will lose the United Arab Emirates, one of its biggest producers, from May 1. © Reuters LONDON — Asian countries such as Japan and China are expected to benefit from increased oil supplies following the UAE’s decision to quit […]
Absence of the Ministry at a hearing on Tecon Santos 10 expands debate in the port sector
Alexsqnder Ferraz The public hearing that discussed the leasing project for Tecon Santos 10, the future mega container terminal at the Port of Santos, was marked by a factor that caught the attention of operators, workers and agents in the logistics sector: the absence of the Ministry of Ports and Airports in the […]
Japan’s finance minister issues warning after yen breaches 160 to dollar
Markets JGB yield highest in nearly 3 decades; Hormuz blockade fuels inflation fears Finance Minister Satsuki Katayama issued verbal warnings against the weak yen on Thursday. (Photo by Jo Ishibuchi) JADA NAGUMO April 30, 2026 09:35 JST Updated on April 30, 2026 18:47 JST TOKYO — The yen weakened past the psychologically significant threshold of 160 […]
Finance Minister Katayama issues warning after yen breaches 160 to dollar
Markets JGB yield highest in nearly 3 decades; Hormuz blockade fuels inflation fears Finance Minister Satsuki Katayama issued verbal warnings against the weak yen on Thursday. (Photo by Jo Ishibuchi) JADA NAGUMO April 30, 2026 09:35 JST Updated on April 30, 2026 18:47 JST TOKYO — The yen weakened past the psychologically significant threshold of 160 […]