Tag: japans
Japan’s PM accepts ‘harsh result’ of election as exit polls predict loss of upper house
Ballot heaps pressure on Shigeru Ishiba’s minority government after it lost control of lower house in October Japan’s shaky ruling coalition is likely to lose control of the upper house, exit polls showed after Sunday’s election, potentially heralding political turmoil as a tariff deadline with the US looms. While the ballot does not directly determine…
Japan’s New Undersea Earthquake Detection System Will Improve Tsunami Prediction
Japan Wires the Ocean with an Earthquake-Sensing ‘Nervous System’ Japan’s new earthquake-detection network lengthens warning times, and researchers in Wales have harnessed nuclear blast detectors to gauge tsunami risks. But the U.S. lags in monitoring the massive Cascadia megathrust fault By Deni Ellis Béchard edited by Dean Visser Aerial view of the devastated along the…
Asian markets plunge with Japan’s Nikkei diving nearly 8% after big Wall St. meltdown
By The Associated Press BANGKOK — Asian shares nosedived on Monday after the meltdown Friday on Wall Street over U.S. President Donald Trump’s tariff hikes and the backlash from Beijing. U.S. futures also signaled further weakness. The future for the S&P 500 lost 2.5% while that for the Dow Jones Industrial Average shed 2.1%. The…
U.S. Steel sues to salvage its sale to Japan’s Nippon Steel
Scott Horsley U.S. Steel and its would-be Japanese suitor Nippon Steel have gone to court to defend their $15 billion merger, after President Biden on Friday moved to block the deal, citing national security concerns. In a lawsuit filed Monday in federal court in Washington, the companies accuse the president of violating their due process…
Biden Blocks Takeover Bid of U.S. Steel by Japan’s Nippon
The president said he was moving to protect national security in deciding the fate of the iconic Pennsylvania-based company, which became a contentious political issue in an election year. By Alan Rappeport Reporting from Washington President Biden blocked the $14 billion takeover of U.S. Steel by Nippon Steel of Japan in an announcement on Friday…