Latest Japan government News
A new rival bid for US Steel is emerging as the US extends deadline on Nippon's bid blocked by Biden
HARRISBURG, Pa. (AP) — The bid by Japan's Nippon Steel to buy U.S. Steel may have a new lease on life, even as the potential for a new bid for the storied Pittsburgh steelmaker began to emerge Monday. Lourenco Goncalves, the CEO of Ohio-based steelmaker Cleveland Cliffs, said in a...
Indonesia and Japan promise deeper defense and economic ties as regional tensions spike
BOGOR, Indonesia (AP) — Japan and Indonesia pledged on Saturday to deepen economic and defense ties during a visit by the Japanese prime minister, seen as promoting regional cooperation as China flexes its muscle and Donald Trump prepares to take over as the next U.S. president. ...
Japan's Ishiba visiting Malaysia and Indonesia to strengthen defense and economic ties
KUALA LUMPUR, Malaysia (AP) — Japanese Prime Minister Shigeru Ishiba is visiting Malaysia and Indonesia as part of an effort to strengthen defense and economic ties with Southeast Asia as China's threat grows in the region. The visit, his first for bilateral talks outside of...
Stock market today: Global indexes are mixed as the US stock market remains closed
BANGKOK (AP) — World shares were mixed on Thursday as the U.S. stock market remained closed to observe a National Day of Mourning for former President Jimmy Carter. London's FTSE 100 climbed 0.8% to 8,319.69 as the value of the British pound slid against the U.S. dollar amid...
US rejection of Nippon Steel's bid for US Steel rankles Washington's key ally in Asia
BANGKOK (AP) — U.S. President Joe Biden’s decision to reject a bid by Nippon Steel to acquire U.S. Steel on national security grounds isn’t the first time friction over trade and investment has irked Washington’s closest ally in Asia. There have been plenty of scraps over...
Indonesia and Japan agree to resume stalled talks on transfer of defense equipment
JAKARTA, Indonesia (AP) — Indonesia's government said it agreed with Japan on Tuesday to resume talks on the joint development of naval vessels that have stalled in recent years. Visiting Japanese Defense Minister Gen. Nakatani discussed ways to deepen a defense partnership with...
Nippon Steel stands firm on a US Steel takeover and denies risks cited by Biden
TOKYO (AP) — Nippon Steel was standing firm on its proposed $15 billion acquisition of U.S. Steel, Chief Executive Eiji Hashimoto said Tuesday after President Joe Biden’s blocked the top Japanese steelmaker’s move. “There is no reason or need to give up,” he told reporters...
Nippon, US Steel file suit against Biden administration, union, and rival after $15B deal scuttled
WASHINGTON (AP) — Nippon Steel and U.S. Steel filed a federal lawsuit Monday challenging a Biden administration decision to block Nippon's proposed $15 billion acquisition of the Pittsburgh company and said that the head of the Steelworkers union and a rival steelmaker worked together to scuttle...
Biden's decision to block Nippon Steel takeover creates uncertainty for U.S. Steel workers
WASHINGTON (AP) — By blocking a Japanese company’s takeover of U.S. Steel, President Joe Biden said he was protecting good jobs in the American heartland. He may be putting them at risk instead. In making its nearly $15 billion bid for the storied Pittsburgh-based steelmaker,...
Today in History: January 2, Armed militia occupies Malheur refuge in Oregon
Today is Thursday, Jan. 2, the second day of 2025. There are 363 days left in the year. Today in history: On Jan. 2, 2016, a heavily armed group led by brothers Ammon and Ryan Bundy seized the Malheur National Wildlife Refuge in Oregon, beginning a 41-day standoff to...
