Latest News from Nikkei Asia
Nikkei Asia
31 minutes ago
- Entertainment
- Nikkei Asia
Osaka Castle Park beckons all foodies
OSAKA -- With the 2025 World Expo gaining global attention, Osaka, Japan's street-food capital, is taking the opportunity to lure attendees to another fair. Osaka Gourmet Expo 2025 is taking place at Osaka Castle Park, an expansive public park that surrounds the iconic castle, one of Japan's most celebrated and historically significant landmarks.
Nikkei Asia
2 hours ago
- Business
- Nikkei Asia
Trump hails Nippon Steel as 'great partner' for US Steel
WEST MIFFLIN, Pennsylvania (Reuters) -- U.S. President Donald Trump on Friday lauded an "agreement" between Nippon Steel and U.S. Steel at a political rally but stopped short of clarifying whether he planned to approve the companies' diplomatically sensitive merger. On a Pittsburgh, Pennsylvania-area stage decorated with signs celebrating "American steel," Trump declared U.S. Steel would remain American, while extolling its new Japanese partner. It is unclear whether he approves of a deal giving Nippon Steel ownership, as sought by the companies, or whether he had formally given the merger the green light.
Nikkei Asia
5 hours ago
- Business
- Nikkei Asia
Trump says he plans to double steel tariffs to 50%
WEST MIFFLIN, Pennsylvania (Reuters) -- U.S. President Donald Trump on Friday said he planned to increase tariffs on foreign imports of steel from 25% to 50%, ratcheting up pressure on global steel producers and vowing to deepen his trade war. "We are going to be imposing a 25% increase. We're going to bring it from 25% to 50% the tariffs on steel into the United States of America, which will even further secure the steel industry in the United States," he said at a rally in Pennsylvania.
Nikkei Asia
6 hours ago
- Business
- Nikkei Asia
Footloose in Penang: Malaysian island looks to the future
GEORGE TOWN, Malaysia -- High-rise buildings arrayed like a defensive wall along the eastern coast of Malaysia's Penang Island make it hard to imagine how this tropical outpost would have appeared to the British naval officer who landed on its shore in 1786. Francis Light, who secured Penang for the British after negotiating a deal with the local Malay sultan, went on to make the largely uninhabited island Britain's main trading center in Southeast Asia, alongside nearby Singapore.
Nikkei Asia
6 hours ago
- Entertainment
- Nikkei Asia
South Korea's Cannes film festival shutout spurs reckoning
SEOUL -- After zero South Korean feature films were selected for this year's Cannes Film Festival for the first time in 26 years, one of Asia's most storied film industries has been searching for answers to the setback. High-profile South Korean films such as "Parasite," director Bong Joon-ho's genre-bending smash hit, Park Chan-wook's "Decision to Leave" and "Chihwaseon" by Im Kwon-taek have all won major awards at the French festival, and Korean films have routinely been selected for the in- and out-of-competition categories.
