Japan's main ruling Liberal Democratic Party is calling on the Japanese government to urge Washington to lift its ban on Nippon Steel's planned takeover of US Steel. The LDP called US President Joe Biden's order "regrettable.
Former Japanese Prime Minister Suga Yoshihide and US Senator Bill Hagerty have confirmed that they will work to uphold and bolster the bilateral alliance from their respective positions.
Japanese Prime Minister Shigeru Ishiba has begun a tour of Malaysia and Indonesia as part of his effort to further strengthen defense and economic ties with Southeast Asia as threats from China rise i
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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 and investment has irked Washington's closest ally in Asia.
The proposed purchase is for RTX-made Advanced Medium-Range Air-To-Air Missiles and additional guidance instruments and mechanisms, according to a press release from the Defense Security Cooperation Agency.
Nippon Steel touted the $14.9 billion deal as a lifeline for its rusting US rival, but opponents warned that the Japanese firm would slash jobs -- despite assurances to the contrary.
Japan has linked more than 200 cyberattacks over the past five years targeting the country’s national security and high technology data to a Chinese hacking group, MirrorFace
By David Brunnstrom, Simon Lewis, Trevor Hunnicutt and Tim Kelly WASHINGTON/TOKYO (Reuters) -U.S. President Joe Biden's decision to block Nippon Steel's $14.9 billion bid for U.S. Steel cast a shadow over Secretary of State Antony Blinken's visit to Japan on Tuesday for farewell meetings with Washington's most important ally in Asia.
The lawsuit, filed in a federal court in Washington, accused Biden and senior administration officials of corrupting the deal’s review process, and harming American steel workers by blocking the
The companies accused President Joe Biden of blocking the deal for political reasons rather than true national security concerns.