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NEW YORK/TOKYO -- Nippon Steel has come a step closer to acquiring U.S. Steel, but now faces two hurdles: the labor union, which is becoming increasingly vocal in the run-up to the presidential election, and a review by regulators over economic and security implications.
TOKYO -- Efforts are underway between Japan and other Asian countries to allow mutual access and use of QR code payment services that are popular in their own countries. Japan has started talks with Southeast Asian countries and India to enable joint use of the digital payment services by 2025.
TOKYO/MANILA -- Soon after a trilateral summit at the White House, the Philippine coast guard welcomed the resulting "positive endeavor" in maritime security with Japan and the U.S., with some experts asserting Manila has left itself room to improve relations with Beijing regarding longstanding tensions in the South China Sea.
TOKYO/PALO ALTO, California -- Nippon Telegraph and Telephone is gearing up to turn its IOWN optical network into the global standard for next-generation communications, almost five years after first announcing the initiative.
DALIAN, China/DUBAI -- Chinese developer Dalian Wanda Group has ceded control of its core mall unit to outside investors as part of a multibillion-dollar deal, which is expected to help the cash-strapped group shore up its strained finances but weaken the influence of founding chairman Wang Jianlin.
TOKYO -- Japan's Nippon Life Insurance has established a new subsidiary in India to bolster its operations in the market, the company said Thursday.
TOKYO/SEOUL -- South Korea's efforts to boost corporate valuations through a government-led initiative will likely face minor delays, following the ruling party's crushing defeat in legislative elections.
TOKYO/KOFU, Japan -- Renesas Electronics officially restarted a plant near Mt. Fuji that had been dormant for over nine years on Thursday, racing to meet surging demand for power semiconductors used in electric vehicles and data centers.