True friend or security threat? Japan dumbfounded by veto of US Steel deal
The decision underscores the difficulty of ‘friendshoring’ and could deter some foreign investments in the US, says an expert ...
US rejection of Nippon Steel’s bid for US Steel rankles Washington’s key ally in Asia
President Joe Biden's decision to reject a bid by Nippon Steel to acquire U.S. Steel isn't the first time friction over trade ...
Japanese prime minister warns of fallout from Biden veto of Nippon-U.S. Steel deal
The usually reticent ally is making it clear that it will not go quietly in its fight to overturn President Biden’s decision ...
Channel NewsAsia Singapore43m
Japan eyeing wage hikes at big firms, says business lobby chair
Japan’s three largest business groups vowed to accelerate wage hikes this year at a New Year's event, where they laid out key problems facing the nation's economy. Among the issues is United States ...
Biden blocks $14 billion acquisition of US Steel by Japan’s Nippon Steel
President Joe Biden has rejected the nearly $15 billion proposed deal for Nippon Steel of Japan to purchase Pittsburgh-based ...
Why Japan Won’t Stop Trying to Invest in the U.S.
Japanese companies needing to grow have sought out American deals. Experts say that will not change even after Biden’s ...
Japan's Nippon Steel offers governmental veto power for U.S. Steel production
Japan-based Nippon Steel has offered to give the U.S. government veto power over any potential reduction in steel output by U ...
Nippon Steel stands firm on a US Steel takeover and denies risks cited by Biden
Nippon Steel Chief Executive Eiji Hashimoto says the top Japanese steelmaker is standing firm on its proposed $15 billion ...