Analysis:Nippon Steel's US setback a wake-up for Japan Inc's foreign forays

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Analysis:Nippon Steel's US setback a wake-up for Japan Inc's foreign forays - Channel News Asia

Quick Summary:

HONG KONG/TOKYO : Japanese firms are set to scrutinise overseas deals more intently after U.S.resistance to Nippon Steel's $15 billion U.S.

Steel purchase, advisers said.Any U.S.

As one of Washington's closest allies, Japan has not had any issues with U.S.regulators in recent years and companies in the country have been assessing assets abroad given a falling yen and stagnant economy at home.