Nippon-US Steel

Shares of United States Steel Corp. (NYSE:X) gained 16% on Monday after U.S. President Donald Trump ordered a new review of its blocked acquisition by Japan’s Nippon Steel by former President Joe Biden, citing national security concerns early this year. What Happened: The White House...

During a turbulent month for United States Steel Corp (NYSE:X) following its blocked merger with Nippon Steel, activist investor Ancora accelerated a proxy fight in an attempt to force the Pittsburgh, Pennsylvania-based company to abandon its plans to fight to merge. Ancora, which owns a 0.18%...

In the face of political opposition and union apprehensions, Nippon Steel remains resolute in its $14.9 billion acquisition of US Steel (NYSE:X). What Happened: During the company’s annual results announcement, Chair Takahiro Mori acknowledged the political controversy surrounding the deal...

The Japanese term ‘moshitora’, translating to ‘what if Trump’, has made a comeback as former U.S. President Donald Trump reenters the political arena. What Happened: The term ‘moshitora’ first emerged during the 2016 presidential election and has recently...

The prospect of former President Donald Trump returning to the White House is reportedly causing unease among Japanese businesses. What Happened: A Reuters poll, conducted from Feb. 6 to Feb. 16, 2024, reveals that nearly half of Japanese companies perceive a potential Trump presidency as a...