For months, United States Steel Corp. argued that selling out to Japanese-owned Nippon Steel Corp. was the only way to ...
Chinese stocks snapped a three-year losing streak in 2024 on hopes of more forceful stimulus from Beijing. The bond market, however, seems to be less sanguine. Yields on Chinese government bonds [plun ...
US President Joe Biden has formally blocked the takeover of US Steel by a bigger Japanese company, saying foreign ownership ...
By David Shepardson, Tim Kelly, Andrea Shalal WASHINGTON/TOKYO (Reuters) -U.S. President Joe Biden officially blocked Nippon ...
Biden said in an order that he believes there is credible evidence that through the proposed acquisition of the United States Steel Corporation, Nippon Steel Corporation might take action that could ...
The move wasn't unexpected despite efforts by the Japanese government to persuade the Biden administration to approve the sale.
In December 2023, Nippon Steel secured a deal to buy US Steel for $14.9 billion. The Committee on Foreign Investment in the ...
Shares of U.S. Steel sank Friday as President Joe Biden blocked the $14.1 billion sale of the iconic American company to ...
As a legislator himself, Huang is leading the TPP’s young supporters to challenge the seriousness of the judiciary. Former representative to Japan Frank Hsieh (謝長廷), who is President William Lai’s ...
If you believe that, then democracy was voted out across the G7 nations. In the United States, the Democratic coalition ...
A government panel failed to reach consensus on national security risks of a proposal for Nippon Steel to purchase U.S. Steel, leaving the decision to the president.
US PRESIDENT Joe Biden officially blocked Nippon Steel’s proposed US$14.9-billion purchase of US Steel on Friday (Jan 3), ...