JAPAN TODAY
 
U.S. authorities extended a deadline imposed on Nippon Steel Corp and U.S. Steel Corp to abandon their merger plan to June 18, the companies said Sunday, a move that came as they fight to advance the deal in courts.
U.S. President Joe Biden issued an order on Jan 3 to block the $14....

More

JAPAN NEWS
 
Suzuki Motor Corp. made its CES debut in Las Vegas this week, exhibiting a light truck and electric vehicles jointly developed with various startups.
CES is one of the world’s largest technology exhibitions.
President Toshihiro Suzuki spoke to The Yomiuri Shimbun among other media at...

More

BUSINESS STANDARD
 
Apollo Global Management plans to expand in Japan and add staff to its Asia wealth business, its regional top executive said, as global investment firms pump more resources into the region to capitalise on a surge in deals and assets. 
The New York-based asset manager aims to ...

More

JAPAN TIMES
 
Japan’s dealmakers are expecting a busier 2025 after more than ¥36.4 trillion ($230 billion) in mergers and acquisitions last year, underpinned by companies’ changing attitudes around business expansion.
Sitting on ample cash and trading at low valuations, firms in Japan are becomin...

More

REUTERS
 
A potential foreign acquisition of Japanese retail giant Seven & i would be "heavily related" to national security, Japan's economy minister Ryosei Akazawa said on Wednesday.
His public comment is the first by a senior Japanese official over security issues raised by a $47 billion buyou...

More

NIPPON
 
Toyota Motor Corp. said Monday that it will launch autonomous driving and other projects at a test course now under construction in central Japan, starting as early as this autumn.
The Japanese automaker said that Phase 1 of its Toyota Woven City test course in Susono, Shizuoka Prefectur...

More

NIPPON
 
Whether Japanese employers will raise wages in 2025 faster than the previous year holds key to the economy's ability to put itself on a domestic demand-led sustainable growth path this year.
Wages need to grow faster than inflation to boost personal consumption, a key engine of economic ...

More

NHK
 
Traders have started bidding at the first tuna auction of 2025 at Tokyo's Toyosu fish market. The top item fetched the second highest price on record.
The lively auction began with a bell shortly after 5 a.m. on Sunday.
Bids were made for raw and frozen tuna from across Japan and around the...

More

JAPAN TODAY
 
President Joe Biden has blocked the nearly $15 billion proposed deal for Nippon Steel of Japan to purchase Pittsburgh-based U.S. Steel — affirming his earlier vow on the presidential campaign trail to prevent the acquisition of Steeltown USA’s most storied steel company.
The propose...

More

JAPAN TODAY
 
Nippon Steel Corp has promised it will not cut output capacity at United States Steel Corp's mills for 10 years, in its latest proposal to the administration of President Joe Biden aimed at winning approval to acquire the struggling producer, a media report said.
The Washington Post...

More