The sale, valued at approximately $7 billion, involves Nippon Steel, one of Japan's largest steel producers, acquiring the American steel giant U.S. Steel.
Currently classified as a Category 2 typhoon, Bebinca is expected to intensify as it moves northward, with winds reaching speeds of up to 160 km/h (100 mph).
The swap, which took place on September 14, 2024, was the result of months of negotiations and was facilitated by international intermediaries.
The proposal to provide free passports to 18-year-olds is aimed at removing one financial barrier for young people looking to explore opportunities abroad.
The planned research centre has sparked concerns that China may use this academic initiative to further assert influence over Okinawa, home to key U.S. military bases and a crucial component of Japan’s national security.
The heightened geopolitical competition comes as China extends its influence through economic investments, infrastructure development, and security pacts, such as its recent agreement with the Solomon Islands.
Minister Prabowo, who is on an official visit to Vietnam, highlighted that this new partnership would encompass a wide range of areas, including economic collaboration, defence cooperation, and cultural exchange.
Li’s call for negotiations resonates with Moscow's narrative that a resolution to the conflict should be sought through diplomatic means, rather than Western-imposed sanctions or military interventions.
Nippon Steel and U.S. Steel in their letter argued that the merger would benefit both nations by strengthening their economic partnership.
The strengthening yen, which climbed to 140.645 against the U.S. dollar—the highest since December 2023—created concerns about corporate earnings for Japanese exporters.
Showing 130 of 478 articles