Samsung to open semiconductor lab near Tokyo

The Japanese government is continuing to ramp up the country's semiconductor industry. Prime Minister Kishida Fumio says Samsung Electronics will get subsidies to open an advanced chip lab near Tokyo. ( read original story ...)

S&P places Nippon Steel on negative credit watch after U.S. Steel deal

Ratings agency S&P on Wednesday placed its 'BBB+' long-term issuer credit rating on Nippon Steel Corp on negative credit watch after it clinched a deal to buy U.S. Steel for $14.9 billion in cash. The acquisition is likely to result in a significant deterioration in Nippon Steel's financial position because of a sharp increase in ...