Reuters Asia Business

By Tim Kelly, Yukiko Toyoda, John Geddie TOKYO (Reuters) -Japan is considering offering support for a $44 billion gas pipeline in Alaska as it seeks to court U.S. President Donald Trump and forestall potential trade friction, according to three officials familiar with the matter. Officials in Tokyo expect Trump may raise the project, which he …

Exclusive-Japan weighs Alaska LNG pipeline pledge to win Trump’s favour Read More »

TOKYO (Reuters) -Nissan Motor will aim to announce the direction of its possible integration with Honda Motor by mid-February, a company spokesperson said on Friday, pushing back the plan from the end of January. The two Japanese automakers have been in talks to explore a merger by 2026, in a historic pivot for Japan’s auto …

Nissan, Honda to announce direction of possible integration by mid-Feb, Nissan says Read More »

TOKYO (Reuters) – Nippon Steel will launch a $456 million tender offer to make Sanyo Special Steel a wholly owned unit, Japan’s biggest steelmaker said on Friday. Nippon Steel will offer 2,750 yen ($17.78) a share, or a 37% premium over Sanyo Special Steel’s closing price on Friday, spending a total 70.45 billion yen ($455.66 …

Nippon Steel launches $456 million bid to acquire Sanyo Special Steel Read More »

TOKYO (Reuters) -The founding family of Japan’s Seven & i is asking Thailand’s Charoen Pokphand (CP) Group to invest in a management buyout of the Japanese retailing giant, national broadcaster NHK reported on Thursday. The founding family is in talks to take Seven & i private through a management buyout to fend off a $47 …

Seven & i founding family seeks investment from Thailand’s Charoen Pokphand, NHK says Read More »

By Daniel Leussink TOKYO (Reuters) – The world’s second-largest car parts maker is not unduly worried about U.S. President Donald Trump’s looming tariffs on Mexico and Canada, and may seek to manage increased costs by raising prices, a top executive at Japan’s Denso said on Friday. Yasushi Matsui, the Toyota Motor supplier’s financial officer, provided …

Denso eyes price negotiations, not panic, against Trump’s tariffs Read More »

By Yuka Obayashi and Katya Golubkova TOKYO (Reuters) -Japan’s energy security will benefit from U.S. President Donald Trump’s push to increase liquefied natural gas (LNG) production, an executive at JERA, Japan’s top LNG buyer, said on Friday, while allowing the company to diversify its suppliers. LNG imports by Japan, the world’s second biggest buyer after …

Japan’s energy security to benefit from more US LNG, JERA says Read More »