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Nippon Steel’s US setback a wake-up for Japan Inc’s foreign forays
Japanese firms are set to scrutinise overseas deals more intently after U.S. resistance to Nippon Steel's $15 billion U.S. Steel purchase, advisers said.
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US bill to restrict business with China’s WuXi AppTec, BGI passes House
The U.S. House of Representatives on Monday passed a bill that aims to restrict business with China's WuXi AppTec, BGI and several other biotech companies…
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How a Japanese suitor misread politics with U.S. Steel bid, despite warning signs
A month before Nippon Steel discovered its $15 billion takeover of U.S. Steel was on the brink of being torpedoed by President Joe Biden, the…
China’s exports up solidly but slowing imports dim trade outlook
China's exports grew at their fastest pace in nearly 1-1/2 years in August, suggesting manufacturers are rushing out orders ahead of tariffs expected from a…
EU’s Vestager triumphs in crackdown on Apple’s tax deal, Google’s practices
By Foo Yun Chee BRUSSELS (Reuters) -EU antitrust chief Margrethe Vestager scored two major wins on Tuesday as Europe's top court backed her crackdown against…
Deere settles US SEC bribery probe into massage parlor, other gifts in Thailand
Deere agreed to pay $9.93 million to settle U.S. Securities and Exchange Commission charges that a Thailand subsidiary offered massage parlor services and other improper…
EU to lower proposed tariffs on Teslas and other EVs from China
The European Union is poised to make small downward adjustments to the additional tariff rates proposed for electric vehicles that Tesla Inc. and other carmakers…
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China’s exports jump to two-year high in rare boost for economy
China’s exports unexpectedly accelerated in August, reaching their highest value in nearly two years and providing a rare boost to an economy weighed down by…
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Nippon Steel rebuts CFIUS’s case against its bid for US Steel
Nippon Steel defended its $14.9 billion bid for U.S. Steel , arguing it would strengthen the U.S. Steel industry and that politics are motivating the…
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US House passes bill to blacklist some China biotech firms
China hawks in the US House overcame a last-ditch lobbying effort and passed legislation Monday night that would blacklist Chinese biotech companies and their US…