The Los Angeles Post
California & Local U.S. World Business Lifestyle
Today: January 22, 2025
Today: January 22, 2025
Yuka Obayashi

Yuka Obayashi

Staff Writer

Latest From Yuka Obayashi

Business|Economy|Finance|MidEast|US

Oil prices dip but post 4th straight weekly gain on US sanctions

Oil prices settled lower on Friday but notched their fourth straight weekly gain, as the latest U.S. sanctions on Russian energy trade added to worries about

Oil prices dip but post 4th straight weekly gain on US sanctions
Asia|Business|Economy|Finance|News|Stock Markets|World

Oil falls 1% as mixed China trade data offset supply cuts

Oil prices slipped by 1% on Tuesday, erasing most of Monday's gains, as mixed economic data from the world's second largest oil consumer China and winter

Oil falls 1% as mixed China trade data offset supply cuts
Business|Technology|US|World

Sumitomo Metal Mining looks to boost battery materials output, possibly in US

Japan's Sumitomo Metal Mining is considering producing cathode battery materials in the United States among other options as it looks to expand output to meet demand

Sumitomo Metal Mining looks to boost battery materials output, possibly in US
Economy|Finance|MidEast

Oil prices rise amid fears over escalating tensions in Middle East

Oil prices rose in early Asian trade on Thursday as persistent fears over escalating tensions in the Middle East outweighed easing concerns about transport

Oil prices rise amid fears over escalating tensions in Middle East
Asia|Business|Finance|US

Nippon Steel confident of completing US Steel acquisition

Japan's top steelmaker Nippon Steel is confident of successfully completing its planned acquisition of U.S.

Nippon Steel confident of completing US Steel acquisition
Asia|Business|Economy|Finance|US

Oil prices rise on big draw in US crude stocks, China stimulus hopes

Oil prices rose on Thursday after data showed U.S. crude stockpiles fell more than expected last week, while the Chinese central bank's cut in banks' reserve ratio

Oil prices rise on big draw in US crude stocks, China stimulus hopes
Finance|News

Oil prices roughly flat as unclear demand scenario weighed

Oil prices meandered on Friday as investors pondered slowing demand forecast by an influential group and weak U.S. retail sales data that sparked optimism about U.S.

Oil prices roughly flat as unclear demand scenario weighed
Asia|Business|Economy

Exclusive-Japan's Kyushu Electric to wait for US LNG policy clarity on Lake Charles

Japan's Kyushu Electric Power will wait until after the United States resumes issuing export licences for new liquefied natural gas (LNG) projects before deciding on

Exclusive-Japan's Kyushu Electric to wait for US LNG policy clarity on Lake Charles
Business|Economy|US

Oil prices ease, US crude stock build fuels demand fears

Oil prices eased early on Thursday after a larger-than-expected build in U.S. crude stockpiles stoked worries about slow demand, while signs that U.S. interest rates

Oil prices ease, US crude stock build fuels demand fears
Business|Finance

Nippon Steel exec to meet USW head to seek support for U.S. Steel deal

A senior Nippon Steel executive told Reuters he is set to meet the United Steelworkers (USW) union chief this month to seek support for acquiring

Nippon Steel exec to meet USW head to seek support for U.S. Steel deal
Asia|Australia|Business|Economy|US

Analysis-Japan boosts reliance on allies Australia, US for long-term LNG supplies

Resource-scarce Japan is shoring up long-term supplies of liquefied natural gas from close allies Australia and the United States as key

Analysis-Japan boosts reliance on allies Australia, US for long-term LNG supplies
Asia|Business|Economy|Finance|MidEast|News

Oil prices fall on China demand worries

Oil prices extended last week's losses on Monday on concern about slow demand in China, though lingering geopolitical risk surrounding the Middle East and Russia

Oil prices fall on China demand worries
Business|Finance|MidEast|News|World

Oil prices rise as heightened geopolitical risk exacerbates supply concern

Oil prices rose in early Asian trading on Monday on concern over tighter global supply brought about by escalating conflict in the Middle East and between Russia and

Oil prices rise as heightened geopolitical risk exacerbates supply concern
Asia|Business|Economy|Finance|Stock Markets|US

Nippon Steel emphasises its 'deep roots' in the US as it pursues U.S. Steel deal

Nippon Steel intends to pursue its proposed acquisition of U.S.

Nippon Steel emphasises its 'deep roots' in the US as it pursues U.S. Steel deal
Asia|Business|Economy|Finance|News|US

Oil prices dip as demand concerns outweigh Middle East supply fears

Oil prices eased in early trade on Wednesday as worries about global demand due to weak economic momentum in China and fading hopes for U.S. interest rate cuts in

Oil prices dip as demand concerns outweigh Middle East supply fears
Business|Economy|Finance

Oil settles near 7-week lows, focus shifts to economy

Oil prices settled on Thursday near their lowest level in seven-weeks, narrowly mixed and under pressure from weaker global demand, rising inventories and fading

Oil settles near 7-week lows, focus shifts to economy
Business|Finance|US

Japan's Nippon Steel sticks to plan to close U.S. Steel deal by year-end

Japan's top steelmaker, Nippon Steel, is sticking to its plan to close a deal by year-end to buy U.S.

Japan's Nippon Steel sticks to plan to close U.S. Steel deal by year-end
Australia|Business|Finance

BHP-Anglo American deal raises alarm in Japan's steel industry

Japanese steelmakers have raised concerns with Australian authorities that BHP Group could become too dominant in the global supply of

BHP-Anglo American deal raises alarm in Japan's steel industry
Business|Finance|US

Nippon Steel executive to visit U.S. to meet stakeholders of U.S. Steel deal

Japan's Nippon Steel said on Saturday its vice chairman, Takahiro Mori, a key negotiator for its planned purchase of U.S.

Nippon Steel executive to visit U.S. to meet stakeholders of U.S. Steel deal
Business|US

Nippon Steel's Mori returns to US this week for talks on US Steel takeover

Nippon Steel's vice chairman plans to return to the United States this week for more talks over the proposed acquisition of U.S.

Nippon Steel's Mori returns to US this week for talks on US Steel takeover
News|Science|Technology

In Japan, energy security fears put nuclear back in favour for 2040 plan

Japan is set to push for more nuclear power in an energy policy update due next year, seeking stable electricity supply in face of growing demand

In Japan, energy security fears put nuclear back in favour for 2040 plan
Business|Economy|Finance|US

Nippon Steel confident hefty premium for U.S. Steel makes sense

Nippon Steel said on Tuesday it can afford to pay $14.9 billion for U.S.

Nippon Steel confident hefty premium for U.S. Steel makes sense
Asia|Business|Economy|Finance|Travel

Japan to boost jet fuel production and imports amid tourism boom

Japan plans to increase jet fuel production and imports to address a pick up in demand from flights amid a boom in tourism, according to a draft government plan

Japan to boost jet fuel production and imports amid tourism boom
Economy|Finance|MidEast|News|World

Oil falls 2% as Israel seeks to avoid broader Middle East conflict

Oil fell by nearly 2% on Monday after Israeli officials said they wanted to avoid dragging the Middle East into an all-out war while responding to a deadly rocket

Oil falls 2% as Israel seeks to avoid broader Middle East conflict
Business|Economy|Finance

Oil prices settle higher; signs of tighter supply end 3-day swoon

Oil prices settled higher on Tuesday, bouncing off multi-month lows hit in the previous session, as investor attention turned to supply tightness and financial

Oil prices settle higher; signs of tighter supply end 3-day swoon

Follow