Nikkei-inter indexes
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Business
Number of food, drink items with price hikes in April highest since October 2023
The number of food and beverage items expected to face price hikes in April totaled 4,225, the highest since October 2023, amid a surge in raw material costs, a survey compiled by a credit research company showed Monday. By category, "condiments," mainly miso, had most items subject to price rises… Read
Renault and Nissan shift gears on alliance
Renault and Nissan said Monday they had revised their partnership to allow for a reduction in their cross-shareholdings and other measures that would help the financially troubled Japanese carmaker. The new agreement will allow the carmakers to reduce their current 15 percent cross-shareholdings to 10 percent. Renault will also acquire… Read
World economies brace for Trump tariffs ahead of deadline
World economies shuddered on Monday ahead of U.S. President Donald Trump's "Liberation Day," when he is set to unleash tariffs against multiple countries, risking global turmoil to address what he says are unfair trade imbalances. Trump -- who has been making unprecedented use of presidential powers since taking office in… Read
China manufacturing activity grows at highest rate in a year
China's manufacturing activity grew in March for the highest rate in a year, official data showed Monday, a rare bright spot as the world's second-largest economy struggles to climb out of a prolonged slump. Authorities have looked in recent months to revive confidence in the Chinese economy, grappling with a… Read
Nikkei leads big losses in Asian markets as gold hits record
Tokyo led another plunge across Asian markets Monday while gold hit a record high as investors steel themselves for a wave of U.S. tariffs this week that has fueled recession fears. Equities across the planet have been hammered in recent weeks ahead of Donald Trump's "Liberation Day" on April 2,… Read
Japan gov't urges earlier release of securities reports for investors
Japan's financial watchdog on Friday called on all listed companies to disclose their annual securities reports before their general meetings of shareholders, allowing investors to review them before exercising their voting rights. The government hopes listed firms will release their securities reports "a day or a couple of days before"… Read
Why Trump's auto tariffs will hurt his working-class supporters
Working-class car buyers will be the hardest hit by U.S. President Donald Trump’s 25% tariff on imported vehicles because almost all low-cost new cars sold in the United States are built elsewhere. Lower-income buyers will suffer another blow from expected hikes in used car prices as demand surges and supply… Read
Coming to a store near you: double-digit coffee price hikes
If your favorite coffee beans have vanished from the shelves, don't worry - they will return soon. The bad news is they will be up to 25% more expensive. Roasters such as Lavazza, Illy, Nestle and Douwe Egberts maker JDE Peet's are currently in talks with retailers about passing on… Read
SBI Shinsei Bank repays ¥100 billion in gov't rescue funds
Japan's SBI Shinsei Bank, partly owned by the government, said Friday that it has repaid 100 billion yen to the state, about one-third of the total its predecessor received in a bailout decades ago. SBI Shinsei remains the only major domestic lender that has not fully returned public funds provided… Read
China's Xi urges global CEOs to protect trade as Trump tariffs loom
China's President Xi Jinping urged a gathering of multinational CEOs on Friday to protect global industry and supply chains, as Beijing seeks to assuage foreign firms' concerns over the Chinese economy's health amid threats of more U.S. tariffs. Beijing is battling to dispel fears that a renewed trade war with… Read
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