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.

Amid growing instability in global markets triggered by escalating trade tariffs and monetary policy divergence, Arrowpoint Investment Partners, a Singapore-based multi-strategy hedge fund, has successfully capitalized on pricing inefficiencies across equities, foreign exchange (FX), and fixed income. With assets under management (AUM) totaling USD 1.1 billion, the firm reported its strongest performance to date in May 2025, driven by sophisticated arbitrage strategies and tactical positioning.

After a prolonged period of tight labor market conditions, new data from ANZ Banking Group $ANZ.AX and employment platform Indeed indicate a potential shift in Australia’s employment dynamics. Job advertisements in May 2025 declined for the second consecutive month, falling by 1.2% following a 0.3% drop in April. Although demand for labor remains elevated compared to pre-pandemic levels, this downward trend suggests a gradual normalization in hiring momentum.