President Joe Biden has blocked the $14.3 billion acquisition of U.S. Steel by Japan’s Nippon Steel, marking a significant use of executive authority in the closing days of his administration. VIDEO ...

For months, United States Steel Corp. argued that selling out to Japanese-owned Nippon Steel Corp. was the only way to survive. President Joe Biden thought different, concluding that even a takeover ...

The president said he was moving to protect national security in deciding the fate of the iconic Pennsylvania-based company, ...

US President Joe Biden has vetoed Nippon Steel's $14.9-billion takeover bid for its American rival, US Steel. Amid bipartisan opposition to the merger, DW asks why US politicians and regulators are ...

ST’s foreign bureaus outline how these power players will approach the new year. Read more at straitstimes.com.

Automakers' lobbying groups indicated support for the acquisition under the belief it would've increased supply and offered ...

For the most part, Nikkei Asia readers' predictions for the year came to pass much as they expected. The Bank of Japan began ...

Chinese stocks snapped a three-year losing streak in 2024 on hopes of more forceful stimulus from Beijing. The bond market, however, seems to be less sanguine. Yields on Chinese government bonds [plun ...

China’s increasingly assertive presence around disputed territories in the Pacific has sparked Japan’s ire in recent years, ...

If Donald Trump’s fans and detractors can agree on anything about the U.S. president-elect, it’s that he’s a man of the 1980s ...

President Joe Biden blocked Nippon Steel Corp.’s $14.1 billion deal to buy United States Steel Corp., ending a saga that sparked a political firestorm amid a grueling presidential election and ...