Tag - japan

 
 

JAPAN

Nippon Steel had touted the takeover of U.S. Steel as a lifeline for a company that is long past its heyday, but opponents warned that the Japanese owners would slash jobs.
JAPAN
Jan 6, 2025
Ishiba warns blocked U.S. Steel deal could impact investments
Prime Minister Shigeru Ishiba said that U.S. President Joe Biden's decision had sparked worries over future Japanese investments in the world's largest economy.
U.S. Secretary of State Antony Blinken is shown around by South Korean Foreign Minister Cho Tae-yul during a working luncheon at the Foreign Ministry in Seoul on Monday.
ASIA PACIFIC / Politics
Jan 6, 2025
Blinken fends off questions over U.S. stance on South Korea turmoil
The United States “has confidence in the resilience of South Korea’s democracy and the strength of its institutions,” the U.S. Secretary of State said in Seoul.
A drone view shows Gary Works, the largest integrated steel mill in the U.S., which is operated by U.S. Steel, in Gary, Indiana, on Dec. 12.
BUSINESS / Companies
Jan 6, 2025
Rival CEO allegedly spread doubt about Nippon Steel deal to Wall Street
The private remarks the CEO made throughout 2024 about the deal process show the extent of his effort to cast doubt.
Residents and bomb squad members stand in front of a house destroyed by a Russian missile strike in Chernihiv, Ukraine, on Saturday. Japan plans to help Ukraine with measures to fight corruption.
JAPAN
Jan 5, 2025
Japan to help Ukraine eradicate corruption
Ukraine was 104th among 180 countries and regions in the 2023 corruption perceptions rankings by Transparency International.
U.S. Steel's Edgar Thomson Steel Works in Braddock, Pennsylvania, in December 2019. The Biden administration blocked the $14 billion takeover of U.S. Steel by Nippon Steel on Friday, citing grounds that the sale posed a threat to national security.
BUSINESS / Companies / FOCUS
Jan 5, 2025
Biden’s decision on Nippon Steel deal followed divide in his orbit
The split was emblematic of so many shifts in U.S. policy — including of Biden’s pledge to build trust with allies and the race against China.
U.S. Secretary of State Antony Blinken answers a question from the audience at the Council on Foreign Relations in New York on Dec. 18.
ASIA PACIFIC / Politics
Jan 5, 2025
Blinken wades into political crisis with stop in South Korea
The top U.S. diplomat will seek delicately to encourage continuity with the policies, but not tactics, of impeached President Yoon Suk Yeol.
U.S. Secretary of State Antony Blinken speaks during a U.N. Security Council session at U.N. headquarters in New York on Dec. 19.
ASIA PACIFIC / Politics
Jan 4, 2025
Top U.S. diplomat to visit South Korea with eye on political crisis
Secretary of State Antony Blinken will also visit Tokyo, where he will hold talks with Japanese officials on Monday and Tuesday.
An entrance sign for Nippon Steel's East Nippon Works Kashima Area facility is pictured in Kashima, Ibaraki Prefecture, last month.
BUSINESS / Companies / ANALYSIS
Jan 4, 2025
Nippon Steel rejection shows national security means whatever you want
Experts and former officials say the decision signals how sharply the U.S. has turned away from the principles of globalization.
U.S. President Joe Biden decided Friday to block the proposed $14.9 billion purchase of U.S. Steel by Japan's Nippon Steel, with the firms blasting the decision, calling it a "clear violation of due process" and a political move, and vowing to "take all appropriate action" to protect their legal rights.
BUSINESS / Companies
Jan 4, 2025
Biden blocks Nippon Steel’s $14.1 billion takeover of U.S. Steel
The two firms blasted the decision, calling it a "clear violation of due process" and a political move, and saying they would "take all appropriate action" in response.
The path forward for the Nippon Steel-U.S. Steel deal is unclear. The companies could sue the U.S. government, another buyer could swoop in for U.S. Steel, or Republicans who favor the deal could urge U.S. President-elect Donald Trump to find a way to approve it.
BUSINESS / Companies / FOCUS
Jan 4, 2025
What's next for the Nippon Steel-U.S. Steel deal?
The companies could sue the U.S. government, another buyer could swoop in, or those who favor the deal could urge Trump to find a way to approve it.
The Japan Transport Safety Board, which last month released an interim report on a deadly collision between a Japan Airlines passenger plane and a Japan Coast Guard aircraft at Haneda Airport a year ago, plans to a final report outlining measures to prevent a recurrence.
JAPAN
Jan 3, 2025
Safety board to further analyze JAL jet collision at Haneda
The Japan Transport Safety Board will compile a final report that includes measures to prevent any recurrence of similar accidents.
The U.S. government has approved the sale of advanced air-to-air missiles to Japan.
JAPAN
Jan 3, 2025
U.S. approves sale of advanced air-to-air missiles to Japan
The sale is designed to strengthen Japan's deterrence against threats from China and others in the Indo-Pacific region.
A United Steelworkers sign is seen outside the Great Lakes Works United States Steel plant in River Rouge, Michigan, in September.
BUSINESS / Companies
Jan 3, 2025
Biden to block U.S. Steel sale to Nippon Steel, source says
Biden's call to block the deal was taken despite contrary efforts by some senior advisers concerned that it could hurt U.S.- Japan relations.
The strategic partnership agreement between Japan and the European Union took effect on Wednesday.
JAPAN
Jan 2, 2025
Japan-EU strategic partnership agreement takes effect
Under the deal, both sides will strengthen cooperation in a wide range of fields, including security, environment and energy, and personnel exchanges.
On the first day of the 2000s, the world was relieved that the Y2K computer glitch was mostly nothing. And in Russia, Vladimir Putin came to power.
JAPAN / History / Japan Times Gone By
Jan 1, 2025
Japan Times 2000: Japanese celebrate new year
Check out what was on the front page on Jan. 1 in 1925, 1950, 1975 and 2000.
The Nippon Steel logo is displayed at the company's headquarters in Tokyo in April.
BUSINESS
Jan 1, 2025
Nippon Steel offers U.S. government veto power in bid for U.S. Steel approval
The Japanese firm offered to give the U.S. government a veto over any reduction in U.S. Steel's production capacity.
Chugo Saito at Isenoumi stable on Friday. Saito has joined his older brother, Seigo, at the stable.
SUMO / Inside Sumo
Dec 31, 2024
Sumo’s brotherhood gets latest inductee
Wakaikari’s younger sibling Chugo Saito is the first-ever high schooler to get a special dispensation.
The city of Kumamoto has seen a surge in the number of students from Taiwan, following the arrival of chipmaking giant Taiwan Semiconductor Manufacturing Co. and related businesses in Kumamoto Prefecture.
JAPAN / Society
Dec 31, 2024
Kumamoto public schools respond to influx of Taiwanese students
Taiwan Semiconductor Manufacturing Co.'s arrival in Kumamoto has heightened the need to adapt to the needs of Taiwanese families.
Prime Minister Shigeru Ishiba speaks during a news conference in Tokyo on Dec. 24. Ishiba has, unsuccessfully, sought to meet with U.S. President-elect Donald Trump since November, with Trump’s team saying at the time that no meetings with foreign leaders would take place before his January inauguration.
JAPAN / Politics
Dec 31, 2024
Ishiba rules out pre-inauguration meeting with Trump
Ishiba had sought a mid-January meeting with Trump but said over the weekend that sooner didn't necessarily mean better when it came to talks with the incoming U.S. president.
Asian tech leaders are spearheading AI's shift to robotics, with China, Japan and South Korea leading global innovation in hardware.
COMMENTARY / World
Dec 19, 2024
AI robots are coming, and they’ll be made in Asia
Citigroup projects that there would be 1.3 billion AI robots globally by 2035 and 4 billion by 2050, doing everything from household chores to delivering parcels.

Longform

Visitors walk past Sou Fujimoto's Grand Ring, which has been recognized as the largest wooden structure in the world.
Can a World Expo still matter? Japan is about to find out.