US President Joe Biden has formally blocked the takeover of US Steel by a bigger Japanese company, saying foreign ownership could pose risks for national security. The controversial decision comes a year after Nippon Steel first announced the $14.9bn (£12bn) deal, describing it as a lifeline for its smaller Pennsylvania-based rival. ( read original story ...
US approves $4.9b missile sale to Japan
WASHINGTON - The United States on Jan 3 announced the approval of a US$3.6 billion (S$4.9 billion) sale of up to 1,200 advanced air-to-air missiles and related equipment to Japan, one of Washington’s closest allies in Asia. ( read original story ...)
K-Arena Yokohama is ranked music venue with second-highest number of attendees in the world
K-Arena Yokohama opened its doors in September 2023 in Yokohama’s Minato Mirai entertainment district, part of an ambitious new Music Terrace complex situated right next to Yokohama Bay. The arena has ... ( read original story ...)
Yokohama named University of the Aftermarket lifetime trustee
SANTA ANA, Calif. — Yokohama Tire Corp. (YTC) has been named a lifetime trustee of the University of the Aftermarket Foundation (UAF), the company said. YTC President and CEO Jeff Barna also was named ... ( read original story ...)
The Dodgers’ latest signing is a reminder that MLB free agency isn’t always about money
The Los Angeles Dodgers reportedly agreed to terms Friday with Korean infielder Hyeseong Kim. For those who weren't tracking the international free agent market ... ( read original story ...)
Through Birdwatching, Tokyo’s Black and Brown Residents Are Finding Community
In the city's green spaces, members of Flock Together discover Tokyo's fauna—and solidarity between Black and brown residents. ( read original story ...)
US regulator was cautious on crypto but did not tell banks to choke off sector, documents show
A top U.S. bank regulator told multiple lenders to pause dabbling directly in crypto in 2022 and 2023, but did not direct them to stop providing banking services to crypto companies, according to ...
Crypto Lands in Washington as Less-Than-Unified Political Force
Over the last few weeks, the crypto industry has been doing victory laps from Silicon Valley to Washington. With a pro-crypto president-elect, a new AI and crypto czar, and the pending exit of ...
BlackRock’s bitcoin ETF sees record daily outflow as crypto pauses its blockbuster rally
Traders pulled $333 million from BlackRock's spot bitcoin ETF on Thursday, marking the fund's longest losing streak as the crypto rally pauses.
Crypto VCs reveal what they’re looking for in 2025
Here are the sectors garnering attention from crypto venture capitalists in 2025, as capital inflows in the sector are projected to grow year-over-year.
Tokyo set to require solar panels on new homes from April
Starting in April, the Tokyo government will require around 50 major homebuilders to install solar panels on newly built detached houses. ( read original story ...)
US approves $3.6 billion advanced missile sale to Japan
China’s increasingly assertive presence around disputed territories in the Pacific has sparked Japan’s ire in recent years, leading Tokyo to boost security ties with the United States and other countries. ( read original story ...)
China Must Heed Lessons of Japan’s Lost Decades
With China facing a deflationary spiral and uncertain economic prospects, lower interest rates alone wouldn’t be enough to kick the economy back into high gear. ( read original story ...)
Bitcoin Climbs, IRS Crypto Timeline, Kwon’s Fraud Trial & US Mining Explodes
Bitcoin rebounds from December lows as Terraform Labs’ Do Kwon denies major US fraud charges. Meanwhile, the IRS delays new crypto reporting rules until 2026, and U.S. based mining pools overtake ...
Biden set to block Japan’s Nippon from taking over US Steel, administration official says
President Joe Biden plans to announce that he is blocking a $14.3 billion of US Steel by Japan’s Nippon Steel, an administration official told CNN, marking a significant use of executive authority in ...
Biden blocks Japan’s $14 billion takeover of US Steel on national security grounds
Joe Biden said the deal would create "risk for our national security and our critical supply chains." President-elect Trump also opposed the takeover. ( read original story ...)