U.S. Steel, Japan

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.
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.
U.S. Steel faces murky future after proposed takeover by Nippon Steel is blocked
Why Biden blocked the U.S. Steel deal with Japan's Nippon Steel 04:16. The Biden administration's move on Friday to block Nippon Steel's proposed purchase of U.S. Steel raises que
Nippon Steel, U.S. Steel ‘condemn’ U.S. government’s decision to block deal
Nippon Steel Corporation (NPSCY) and United States Steel Corporation (X) issued a statement on President Biden’s decision to block their
US Steelworkers' union criticizes Nippon Steel's proposal for lack of long-term commitment
The United Steelworkers union expressed concerns about Nippon Steel's latest proposal that gives the U.S. government veto power over any potential reductions in U.S. Steel's production capacity, if they get the approval to merge.
Nippon Steel proposal gives U.S. government veto power over potential cuts to U.S. Steel's production capacity
Nippon Steel is making a new proposal to the Biden administration as it continues its bid to buy U.S. Steel. The Japanese-based company has proposed giving the U.S. government veto power over any potential cuts to U.
Why both Biden and Trump oppose Japan's takeover of US Steel
US President Joe Biden has vetoed Nippon Steel's $14.9- billion takeover bid for its American rival, US Steel. Amid ...
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.
AFP on MSN7d
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 ...
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 ...
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 ...
Japan Cabinet OKs record defense budget as it pushes strike-back capability to deter regional threat
The Japanese Cabinet has approved a record 8.7 trillion yen ($55 billion) defense budget plan for 2025 as Japan accelerates ...
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 ...
Japan’s Cabinet Approves Record Budget in Test for PM Ishiba
Japan’s cabinet approved a record ¥115.5 trillion ($732 billion) budget for the fiscal year starting April 2025, setting up ...
Japan says its economy likely to mark first positive output gap in 7 years
Japan's government said on Thursday it predicts economic output will recover to full capacity in the next fiscal year for the ...
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 ...
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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.