Nippon Steel Corp

Nippon Steel Shares Dip Amid Biden’s Block on U.S. Steel Acquisition

Shares in Nippon Steel Corp., Japan's largest steelmaker, fell over 1% on Monday following U.S. President Joe Biden's decision to block its proposed $14.9 billion acquisition of U.S. Steel. Citing national security concerns, Biden’s move, which came after a year-long...
Asian Stock

Asian Stock Market Decline Amid U.S. Market and Bond Drop Due to Strong Economic Data, Clouding Federal Reserve Rate Cut Prospects

Asian equities traded lower Thursday following declines in U.S. stocks and government bonds, triggered by robust economic data that raised concerns about the Federal Reserve's timeline for potential interest rate cuts. Australian and Japanese markets experienced early losses, while an...