Apple expects 'significantly higher' memory chip cost in upcoming quarters

PALO ALTO, California -- Apple reported a March quarter revenue record on Thursday, thanks to continued strong sales in the Chinese market during the first three months of the year.


Japan campsites on high alert for bears during Golden Week holidays

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.


Apple posts record March quarter results on 28% sales jump in China

PALO ALTO, California -- Apple reported a March quarter revenue record on Thursday, thanks to continued strong sales in the Chinese market during the first three months of the year.


Asahi goes big in Africa with $3bn deal for maker of Tusker beer

TOKYO -- With its planned acquisition of East Africa Breweries, the maker of elephant-branded Tusker beer, Japan's Asahi Group Holdings hopes to become a giant presence in the African market. But markets are skeptical of the move.


Japan's JFE to double India steel capacity by 2030 on infrastructure demand

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 steel production capacity by nearly 40% by fiscal 2030.


Bangladesh clothing makers look to trade deals to revive exports

DHAKA -- Like many factory owners dealing with the effects of the Iran war, Shah Mohammad Mohit is beset by headaches.


Toyota to build 3 India plants, tripling output in country

NAGOYA, Japan/TOKYO -- Toyota Motor plans to build three vehicle assembly plants in India, tripling its production capacity in the country to 1 million units by the 2030s, Nikkei has learned, as automakers shift focus from stagnating markets like the U.S. and China to emerging ones.


Japan's Ulvac to reshore production of rare earth magnet-making equipment

TOKYO -- Ulvac will soon move production of equipment that makes rare-earth magnets back to Japan from China, Nikkei has learned.


China's reflation story is seductive, but wrong

Alicia Garcia-Herrero is chief economist for the Asia-Pacific at investment bank Natixis and senior research fellow at Bruegel, a Brussels-based economic think tank.


Japan's KDDI links up with VNPT to provide cell service in Vietnam

TOKYO -- Japanese wireless carrier KDDI plans to launch a cell service in Vietnam later this year under a partnership with local telecom provider VNPT, Nikkei has learned.