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Biden to block Nippon Steel’s bid to take over US Steel
Biden blocks Japan's Nippon Steel from buying US Steel
US President Joe Biden has formally blocked the takeover of US Steel by a bigger Japanese company, saying foreign ownership could pose risks for national security. The controversial decision comes a year after Nippon Steel first announced the $14.9bn (£12bn) deal, describing it as a lifeline for its smaller Pennsylvania-based rival.
Biden blocks takeover of U.S. Steel by Japan's Nippon Steel
By David Shepardson, Tim Kelly and Katya Golubkova WASHINGTON/TOKYO (Reuters) - U.S. President Joe Biden officially blocked Nippon Steel's proposed $14.9 billion purchase of U.S. Steel on Friday, citing national security concerns,
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.S. Steel if the federal government approves a proposed merger.
The Aviationist on MSN
30m
U.S. Approves Massive Foreign Military Sale of 1,200 AIM-120D-3 and AIM-120C-8 AMRAAM Missiles to Japan
The State Department has approved the possible FMS, worth a staggering $3.64 billion, which will provide the Japan Air Self ...
2d
Japan's Plans To Tackle Population Crisis in 2025
Japanese policymakers are increasingly anxious that the country's birth rate is nearing the point of no return.
ジャパンタイムズ
16h
U.S. approves sale of advanced air-to-air missiles to Japan
The sale is designed to strengthen Japan's deterrence against threats from China and others in the Indo-Pacific region.
9d
Japan's budget to hit record, but with reduced new bond issuance, draft shows
Japan's government is set to compile a record $735 billion budget for the fiscal year from April due to larger social ...
AFP on MSN
7d
Japan govt approves record budget for ageing population, defence
Japan's government on Friday approved a record budget for the next fiscal year, ramping up spending on social welfare, as the ...
2h
China’s Bond Yields Slip Below Japan’s
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 ...
ジャパンタイムズ
1d
Japan's ¥10 trillion startup investment target more improbable than ever
Investors and startup supporters say Japan is still in the seed-planting phase of startup development and must address some ...
9d
on MSN
Japan to maximize nuclear power in clean-energy push as electricity demand grows
A Japanese government panel has largely supported a draft energy policy calling for bolstering renewables up to half of ...
8h
on MSN
China Must Heed Lessons of Japan’s Lost Decades
With China facing a deflationary spiral and uncertain economic prospects, lower interest rates alone wouldn’t be enough to ...
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Biden
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