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Trump revives US Steel deal

Bangkok Post

|

April 09, 2025

President Donald Trump on Monday directed a US national security panel to take a fresh look at Nippon Steel's bid for US Steel to help determine if "further action" is appropriate, raising hopes that the deal could gain an elusive green light.

- ALEXANDRA ALPER SATOSHI SUGIYAMA

Trump revives US Steel deal

"I direct the Committee on Foreign Investment in the United States... to conduct a review of the acquisition of US Steel by [Nippon Steel] to assist me in determining whether further action in this matter may be appropriate," the memo reads.

Shares in US Steel shot up nearly 14%, as investors took it to mean the administration was considering approving the merger, which former President Joe Biden blocked in January on national security grounds.

Nippon Steel shares jumped almost 10% in Tokyo morning trade yesterday.

Bangkok Post से और कहानियाँ

Bangkok Post

Officers seize assets tied to ‘scam centre’

Police have seized over S$150 million (3.7 billion baht) in assets tied to the Prince Group, a multinational network accused of running vast scam centre operations, the Straits Times reported yesterday.

time to read

1 min

November 01, 2025

Bangkok Post

Egypt pins its tourism hopes on new museum

Cairo opens Grand Egyptian Museum with goal to draw 7 million visitors a year; tourism a vital source of foreign currency for Egypt

time to read

3 mins

November 01, 2025

Bangkok Post

Bangkok Post

Kittisak steals the spotlight on historic night in Manila

Another historical night has come to an end at the Araneta Coliseum in Quezon City, about an hour from Manila — a 50-year anniversary show commemorating the famous “Thrilla in Manila”.

time to read

1 mins

November 01, 2025

Bangkok Post

Bangkok Post

Real, Barca ready to move past Clasico

Real Madrid may have beaten Barcelona in last weekend's Clasico but the game exposed problems in both camps, from the difficulties in dealing with Vinicius Junior to the concerning recent form of the Catalans.

time to read

2 mins

November 01, 2025

Bangkok Post

Netflix to explore bid for Warner Bros studio

Netflixis actively exploring a bid for Warner Bros Discovery's studio and streaming business, retaining a financial adviser and gaining access to financial information, according to three sources familiar with the matter.

time to read

1 mins

November 01, 2025

Bangkok Post

Hong Thai owner slams FDA for raids

The owner of Hong Thai herbal inhalants has called on the Food and Drug Administration (FDA) to adopt a more constructive regulatory approach, urging the agency to support product development rather than rely solely on legal enforcement.

time to read

1 mins

November 01, 2025

Bangkok Post

Bangkok Post

German FM raises return of refugees during visit

German Foreign Minister Johann Wadephul discussed the possible return of Syrian refugees with President Ahmed al-Sharaa during a visit to Damascus on Thursday.

time to read

1 min

November 01, 2025

Bangkok Post

Bangkok Post

Taiwan bucks clean power drive

Taiwan's utilities have cranked natural gas-fired electricity generation to new highs this year, bucking regional and global trends towards increased clean energy within power mixes.

time to read

3 mins

November 01, 2025

Bangkok Post

Bangkok Post

Reds' Slot in a hot spot

Streaking Cherries face stiff City test

time to read

2 mins

November 01, 2025

Bangkok Post

EASING TENSIONS BOLSTER OUTLOOK

MAYBANK SECURITIES THAILAND

time to read

3 mins

November 01, 2025

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