US rejection of Nippon Steel's bid for US Steel rankles Washington's key ally in Asia
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.
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 acquisition of U.S. Steel
U.S. Steel CEO appeals to Trump after Biden blocks deal with Japanese firm
President-elect Trump has also opposed Nippon Steel's $15 billion acquisition of U.S. Steel, which President Biden blocked last week.
U.S. Steel Acquisition Blocked by Politics, Nippon Steel CEO Says
TOKYO--The chairman of Nippon Steel dismissed suggestions of strategic missteps in the company's $14.1 billion bid for U.S. Steel and said President Biden's decision to block the acquisition was the result of politics.
U.S. Steel, Nippon Sue Biden Administration Over Decision to Block Merger
Goncalves said in a statement on Monday that "Nippon Steel and U.S. Steel continue to play the blame game in a desperate attempt to distract from their own failures. Today's lawsu
Analysis-Nippon Steel lawsuit against Biden could buy time to keep U.S. Steel deal alive
Nippon Steel and U.S. Steel are unlikely to convince a court to scrap President Joe Biden's decision to block their $14.9 billion merger, but their lawsuit could give them more time to reach a deal with incoming President Donald Trump.
Europe's LNG imports surge, but not at Asia's expense
Europe's imports of liquefied natural gas (LNG) surged to an 11-month high in December, but the gain didn't come at the ...
Malaysia’s Najib scores court victory, Indian-Americans slam Trump: 7 Asia highlights
From Russia’s secret war plans to Japan’s mochi problem, here are a few highlights from SCMP’s recent Asia reporting.
There needs to be rebalancing of tariffs, says Asia Society's Wendy Cutler
Wendy Cutler, Asia Society Policy Institute vice president, joins 'Power Lunch' to discuss reports that Trump plans to pare ...
European stocks hold steady after Asia rises on tariff hopes
European shares held steady on Tuesday after inflation data matched expectations, while Asian shares rose as some investors ...
Nickel Asia Aims to Sell Processing Plant Stake to Sumitomo
Nickel Asia Corp. is in talks to unload its minority stake in a key processing plant to Japan’s Sumitomo Metal Mining Co. as ...
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Asia's most loved country launches 2026 tourism campaign to attract 35 million visitors
Malaysia, named Asia's most-loved country, has launched the Visit Malaysia 2026 campaign in an effort to attract 35.6 million ...
The Art Fair Putting Southeast Asia In The Spotlight
As ART SG art fair prepares for its third edition in January 2025, the flagship event of Singapore Art Week continues to ...
Asia Pacific Borrowers Kick Off Rush of Global Dollar Bond Sales
Borrowers from the Asia Pacific kicked off what looks set to be one of the busiest weeks of the year for bond issuance ...
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Why the Japanese Art Market Is One of the Fastest Growing in Asia
The Japanese market has grown 11 percent since 2019, outperforming the global market’s modest 1 percent growth.
Asian singers and actors who relocated to Asia see global crossover opportunity
It’s vastly different to work as an Asian actor in North American hubs such as Toronto, Los Angeles and New York — than in ...
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Asia's most beautiful island named world's top bucket list destination
Indonesia's resort island Bali, recognized as the most beautiful in Asia, has been voted as world's top bucket list trip this ...
South Korean turmoil undermines U.S. alliance-building in Asia
As Secretary of State Antony Blinken visits, Yoon Suk Yeol’s attempt to declare martial law calls into question President Joe ...