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.
The sale is designed to strengthen Japan's deterrence against threats from China and others in the Indo-Pacific region.
Japan-based Nippon Steel has offered to give the U.S. government veto power over any potential reduction in steel output by U ...
With China facing a deflationary spiral and uncertain economic prospects, lower interest rates alone wouldn’t be enough to ...
After a bank theft at the country’s largest lender, MUFG, and a robbery at Nomura Securities, the public’s trust in the ...
Japanese policymakers are increasingly anxious that the country's birth rate is nearing the point of no return.
Japan's government is set to compile a record $735 billion budget for the fiscal year from April due to larger social ...
US President Joe Biden has formally blocked the takeover of US Steel by a bigger Japanese company, saying foreign ownership ...
President Joe Biden on Friday announced he has blocked the controversial $14.9 billion sale of US Steel to Japan's Nippon ...
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 ...
Shares of U.S. Steel are dropping in premarket trading Friday on reports that President Joe Biden is set to block its ...