By Kevin Buckland and Kiyoshi Takenaka TOKYO (Reuters) -Japan Prime Minister Shigeru Ishiba asked U.S. President Joe Biden to allay concerns in the Japanese and U.S. business communities over the status of Nippon Steel's planned acquisition of U.

President-elect Donald Trump has also expressed strong opposition to Japanese ownership of infrastructure giant.

TOKYO -- Japanese Prime Minister Shigeru Ishiba asked US President Joe Biden to address "strong concerns" in both Japanese and US business circles following Biden's order to block Nippon Steel's takeover of US Steel, local media reported Monday.

Japan and the Philippines would convey to US president-elect Donald Trump the urgent need for the US to remain committed to helping uphold the rule of law in an Asian region where security concerns have become “increasingly severe,” Japan’s top diplomat said yesterday.

President Biden blocked the deal between Nippon and U.S. Steel earlier this month due to "national security" concerns.

The companies filed lawsuits accusing Joe Biden's administration of 'illegal interference' in the transaction worth $14.9 billion.

The usually reticent ally is making it clear that it will not go quietly in its fight to overturn President Biden’s decision to block Nippon Steel’s $14.1 billion takeover bid of U.S. Steel, with Prime Minister Shigeru Ishiba warning this week that the rejection could have real consequences for the bilateral relationship,

President Joe Biden’s decision to reject a bid by Nippon Steel to acquire U.S. Steel isn’t the first time friction over trade and investment has irked Washington’s closest ally in Asia

Prime Minister Shigeru Ishiba on Monday urged U.S. President Joe Biden to address concerns in business circles triggered by his block

The bid by Japan's Nippon Steel to buy U.S. Steel may have a new lease on life, now that the Biden Administration pushed back the deadline it imposed for the Japanese steelmaker to abandon its plan to acquire the storied Pittsburgh company.

FILE PHOTO: U.S. Secretary of State Antony Blinken waves as he boards his plane to depart Yokota Air Base in Fussa, on the outskirts of Tokyo, July 29, 2024, after participating in the Quad Ministerial Meeting in Tokyo. Shuji Kajiyama/Pool via REUTERS/File Photo

(Bloomberg) -- Shares in Nippon Steel Corp. dipped on Monday, the first day of trading since US President Joe Biden ... at Tokai Tokyo Intelligence Lab. “President Biden had expressed his ...