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TOKYO -- Nippon Steel plans an additional $1.3 billion investment to upgrade two existing U.S. Steel plants as the Japanese company seeks to win support for a $14-billion takeover bid that faces opposition from U.S. unions and politicians.
A top South Korean court on Thursday ruled the nation’s measures for fighting climate change insufficient for protecting the rights of citizens, and ordered the government to set firm carbon-reduction targets for 2031 and beyond. It is the first climate litigation ruling of its kind in Asia.
A court in Thailand on Thursday sentenced Daniel Sancho Bronchalo, the son of the Spanish actor Rodolfo Sancho, to life in prison after finding him guilty of murdering a Colombian surgeon and dismembering his body.
A Singapore Navy frigate arrived in Zhanjiang on Thursday ahead of the bilateral Exercise Maritime Cooperation with the People’s Liberation Army (Navy), marking what the city state said was part of its efforts to build “mutual understanding and cooperation” with foreign partners.
NEW DELHI/NEW YORK -- When U.S. Vice President Kamala Harris rocketed to the top of the Democratic ticket, it energized South Asian Americans who raised hundreds of thousands of dollars for her campaign and prompted author Salman Rushdie to endorse the first Indian American and Black woman to be nominated for president by a major political party.
SEOUL -- Yogiyo, the number-three company in South Korea's fiercely competitive food delivery market, on Wednesday announced plans to offer voluntary retirement to employees for the first time, a sign that it is losing ground to the industry's dominant players, local media reported.
Admiral Samuel Paparo, commander of the US Indo-Pacific Command, told reporters on Tuesday that the “escort of one vessel to the other is an entirely reasonable option within our Mutual Defence Treaty (MDT)”, depending on consultations between both countries.
Best Buy raised its fiscal-year profit guidance Thursday after exceeding earnings and revenue expectations for the most recent quarter.