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...Biden made no mention of Nippon’s business in China, however, focusing instead on the need to retain American jobs....
...Case studies cited in the CPA report highlight Vanguard’s role in channelling US clients’ money into subsidiaries of Aviation Industry Corporation of China (Avic) and Aero Engine Corporation of China, aerospace...
...The country’s Public Investment Corporation is Anglo’s biggest shareholder....
...South Africa’s Public Investment Corporation, a manager of government employee pension assets that is Anglo’s largest shareholder, said it would assess any offers presented to shareholders....
...BHP has proposed buying rival Anglo American in a £31bn deal that provoked a backlash from the South African government and leading shareholders....
...On the contrary, US officials wasted months denying the scale of their subprime mortgage losses, prompting Japanese officials to complain to me — with justifiable irritation — that the Americans were refusing...
...Our data shows MSAs (metropolitan statistical areas) in the Pacific West having relatively high median mortgage payments relative to the overall US....
...The three other legislative bills aim to “end tax breaks for Chinese equities, restrict sanctioned Chinese companies’ access to US capital markets, increase transparency on risks to American corporations...
...“It is important that we maintain strong American steel companies powered by American steel workers,” Biden said....
...“This is making the Americans nervous, so they want to expand the scope of controls to include more non state of the art machines.”...
...In a globalised market, the workers have more incentive to seek investment in their industries than large public corporations that can place jobs or investments anywhere, according to McCall....
...The number of people blacklisted for missing payments on everything from mortgages to business loans has risen to a record 8.54mn, from 5.7mn in early 2020....
...corporations have no idea who’s actually making their products (or how) once you go a couple of layers down their supply chains....
...Chinese companies are not competing for as many American companies, as a result of rising geopolitical tension between Beijing and Washington....
...Cathay Pacific recorded its highest annual profit since 2010 as the Hong Kong airline enjoyed a surge in demand following the end of pandemic restrictions....
...Americans depend....
...“For the American and European supply chains to be built, you need a surety built by the government,” said Matthew Ashley, senior cobalt trader at Traxys, a Luxembourg-based trading house....
...Third, Japan is an increasingly important Pacific ally as the US’s relationship with China becomes more adversarial....
..., the chief executive of Semiconductor Manufacturing International Corporation, China’s leading chipmaker, predicted a “global supply glut” in the types of semiconductors his company produces....
...Japan’s Aozora Bank blamed souring office loans in the US as it forecast its first full-year loss since 2009, in a sign of the rising stress in the American commercial property market....
...The Pacific Railway Act gave “every alternate section of public land” to the railroad companies, within wide swaths on either side of the tracks....
...Nippon Steel has agreed to buy US Steel in a $14.9bn deal, as the Japanese group targets the American market with its largest-ever acquisition....
...A plan by the UK-headquartered group to retain staff through so-called special capital should attract income tax rather than the lower-rate corporation tax as the firm intended, the court in London has ruled...
...What we didn’t like was the shareholder structure, in which buyers of the American depositary shares owned a stake in a Caymans corporation that had indirect exposure in the onshore companies that operate...
...If Nippon Steel’s deal is approved, it will draw a mid-ranked American company under the umbrella of one of the world’s top three steelmakers, none of which is American....
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