VENTURE CAPITAL POST

The European Union (EU) has approved Japan's Nippon Steel's acquisition of US Steel for $14.9 billion despite facing opposition in the United States.

The US dollar dipped to a three-week low against the Japanese yen on Friday following reports of US jobs and wage growth slowed down in April.

President Joe Biden said "xenophobia" among countries like China, Japan, and India is impeding their economic growth, contrasting it with the US, which he claimed benefits from migration.

Toyota has partnered with Tencent to attract younger drivers in China.

Japan's antitrust watchdog has instructed Google to address its advertising search limitations impacting Yahoo in Japan, following an investigation showing Google's practices that undermine fair competition.

The Philippines is seeking alternative financing deals for a freight railway project after funding talks with China were dropped.

Japanese researchers have developed an AI tool that can analyze employee data and accurately predict when recruits are likely to quit their jobs.

The bill aims to prevent gatekeeping by major platform operators like Apple and Google by restricting actions such as blocking third-party stores.

AI startup OpenAI opened its first Asia headquarters in Tokyo to attract Japanese customers and boost revenue.

US Steel shareholders have overwhelmingly approved the firm's sale to Japan's Nippon Steel for a cash payment of $14.1 billion.

The United States and Japan have recently unveiled a collaborative effort aimed at accelerating the advancement and implementation of nuclear fusion technology.

Hong Kong officials confiscated an estimated $10.7 million worth of gold disguised as machine parts being shipped to Japan.

Jera Co., Japan's top power producer, launches a pioneering project to cut coal emissions by integrating ammonia into electricity generation at the Hekinan Thermal Power Station in Aichi prefecture. The project aims to replace 20% of coal heating value with ammonia.

North Korea's disinterest in summit talks with Japan, driven by historical grievances, hints at worsening relations, affecting both business and diplomatic ties.

The Bank of Japan's decision to abandon its negative interest rate policy, coupled with its first rate hike in 17 years, reflects confidence in Japan's economic growth, driven by significant wage increases. Still, experts anticipate minimal immediate impact on the public.