06:37⇢Nippon Steel-U.S. Steel Partnership Receives Trump Blessing
⌨The newspapers report on Trump's approval of Nippon Steel's acquisition of U.S. Steel as a "partnership" deal, marking a significant development in Japanese-American business relations (The Japan Times, Kyodo News English, Nikkei Asia). In automotive news, auto parts manufacturer Marelli Holdings (formerly Calsonic Kansei) is reportedly accepting a buyout proposal from India's Motherson Group and planning private restructuring discussions on May 26, with Nissan's business troubles affecting the parts industry (Nikkei Shimbun). Meanwhile, former Minister Koizumi is meeting with rice producers to discuss rice prices amid ongoing concerns about inflation (Yahoo News Japan, Japan Business Press).