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Nippon Steel To Sue U.S. Gov't Over Decision To Block Acquisition Of U.S. Steel

  • Category:Event
JAPAN TODAY
 
Nippon Steel Corp is set to file a lawsuit in response to U.S. President Joe Biden's decision to block its $14.1 billion takeover of United States Steel Corp, sources close to the matter said Saturday.
Biden on Friday said the deal posed a risk to national security while urging the ...

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Tokyo's Toyosu Market Holds First Tuna Auction Of 2025

  • Category:Other
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...

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Japan to Map Out Defense Export Strategy within 2025

  • Category:Event
NIPPON
 
Japan plans to map out a strategy within 2025 to boost defense equipment exports by enhancing the international competitiveness of its defense industry.
The government aims to strengthen the industry's foundation by helping expand its market reach, hoping to accelerate related efforts in...

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Japanese Cosmetics Giants Struggle with Sales in China: Firms Seek to Develop New Markets in Global South

  • Category:Shopping
JAPAN NEWS
 
Japanese cosmetics giants are struggling in the Chinese market and are making moves to develop new markets in the Global South and other regions.
In the past, China was seen as an area with high growth potential, but the market has seen a decline in sales due to a slowdown in consump...

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Biden Blocks Nippon Steel's Proposed Deal To Acquire U.S. Steel

  • Category:Other
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...

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Nippon Steel Promises No Cuts To U.S. Steel's Output For 10 Years

  • Category:Other
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...

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Mizuho’s Online Banking Services Hit by Glitch

  • Category:Other
JAPAN NEWS
 
A glitch made it difficult for Mizuho Bank customers to access its online banking services temporarily Tuesday, the major Japanese lender announced.
The internet banking services are believed to have suffered a so-called distributed denial of service, or DDoS, attack, in which enormo...

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Japan's Factory Activity Shrinks At Slower Pace, PMI Shows

  • Category:Other
REUTERS
 
Japan's factory activity shrank at a slower pace in December as declines in production and new orders eased, a private-sector survey showed on Monday, edging closer to stabilisation after recent falls.
The final au Jibun Bank Japan manufacturing purchasing managers' index (PMI) rose to ...

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Japan Plans To Support ‘Urban Mining’ In ASEAN Countries

  • Category:Other
ASIA NEWS
 
 
“Urban mining” is a term referring to recovering useful materials such as copper and rare metals from the circuit boards of used electronic devices, like computers and smartphones. These materials can then be reused.
Japan will step up imports of used electronic devices from countri...

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Japan's Nikkei Ends 2024 With Nearly 20% Rise

  • Category:Other
JAPAN TIMES
 
The Nikkei share average retreated on 2024's last trading day on Monday from the five-month high hit in the last session, as investors locked in profits on the index that rose nearly 20% for the year.
The 225-issue Nikkei index fell 0.96% to close at 39,894.54 after opening 0.11% hi...

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