The proposed $14.9 billion acquisition of U.S. Steel by Japan’s Nippon Steel Corp. has reached a critical juncture, as both the Japanese firm and the Trump administration jointly petitioned a U.S. appeals court to extend an ongoing judicial pause. This move comes as the parties seek more time to finalize a deal subject to national security scrutiny. The acquisition, first announced in late 2023, has since become a flashpoint for broader debates on foreign ownership of U.S. strategic assets.

The anticipated $14.9 billion acquisition of U.S. Steel $X by Japanese giant Nippon Steel Corporation $5401.T is moving closer to fruition, as Mexico’s antitrust regulator, Cofece, is expected to resume the review of the deal this Thursday. This development removes one of the final regulatory barriers to the merger, which was initially announced in December 2023. Nippon Steel’s acquisition aims to further consolidate the global steel industry amid shifting market dynamics and increasing pressures on supply chains.

Laopu Gold Co. $6181.HK has attracted significant attention in the financial community after its stock price skyrocketed to an unprecedented 1000 Hong Kong dollars (approximately USD 127). This rare and remarkable achievement underscores the growing allure of Chinese luxury brands but raises questions about sustainability in light of soaring prices that might deter smaller investors.