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President Trump Signs An Executive Order - DC

US President Donald Trump displays an executive order as Howard Lutnick, chief executive officer of Cantor Fitzgerald LP and US commerce secretary nominee for US President Donald Trump, watches in the Oval Office of the White House in Washington, DC, US, on Monday, Feb. 10, 2025. Trump plans to impose 25% tariffs on all US imports of steel and aluminum, broadening his trade restrictions to some of the countrys top trading partners and seeking to protect domestic industries that helped him win battleground states last year. Photo by Al Drago/Pool/ABACAPRESS.COM via Getty Images

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President Trump Signs An Executive Order - DC

US President Donald Trump speaks while signing an executive order as Howard Lutnick, chief executive officer of Cantor Fitzgerald LP and US commerce secretary nominee for US President Donald Trump, watches in the Oval Office of the White House in Washington, DC, US, on Monday, Feb. 10, 2025. Trump plans to impose 25% tariffs on all US imports of steel and aluminum, broadening his trade restrictions to some of the countrys top trading partners and seeking to protect domestic industries that helped him win battleground states last year. Photo by Al Drago/Pool/ABACAPRESS.COM via Getty Images

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President Trump Signs An Executive Order - DC

US President Donald Trump signs an executive order as Howard Lutnick, chief executive officer of Cantor Fitzgerald LP and US commerce secretary nominee for US President Donald Trump, watches in the Oval Office of the White House in Washington, DC, US, on Monday, Feb. 10, 2025. Trump plans to impose 25% tariffs on all US imports of steel and aluminum, broadening his trade restrictions to some of the countrys top trading partners and seeking to protect domestic industries that helped him win battleground states last year. Photo by Al Drago/Pool/ABACAPRESS.COM via Getty Images

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President Trump Signs An Executive Order - DC

US President Donald Trump signs an executive order as Howard Lutnick, chief executive officer of Cantor Fitzgerald LP and US commerce secretary nominee for US President Donald Trump, watches in the Oval Office of the White House in Washington, DC, US, on Monday, Feb. 10, 2025. Trump plans to impose 25% tariffs on all US imports of steel and aluminum, broadening his trade restrictions to some of the countrys top trading partners and seeking to protect domestic industries that helped him win battleground states last year. Photo by Al Drago/Pool/ABACAPRESS.COM via Getty Images

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President Trump Signs An Executive Order - DC

US President Donald Trump signs an executive order in the Oval Office of the White House in Washington, DC, US, on Monday, Feb. 10, 2025. Trump plans to impose 25% tariffs on all US imports of steel and aluminum, broadening his trade restrictions to some of the country’s top trading partners and seeking to protect domestic industries that helped him win battleground states last year. Photo by Al Drago/Pool/ABACAPRESS.COM

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President Trump Signs An Executive Order - DC

Howard Lutnick, chief executive officer of Cantor Fitzgerald LP and US commerce secretary nominee for US President Donald Trump, watches as US President Donald Trump signs an executive order in the Oval Office of the White House in Washington, DC, US, on Monday, Feb. 10, 2025. Trump plans to impose 25% tariffs on all US imports of steel and aluminum, broadening his trade restrictions to some of the country’s top trading partners and seeking to protect domestic industries that helped him win battleground states last year. Photo by Al Drago/Pool/ABACAPRESS.COM

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China delivers first lightweight trailer using magnesium alloy

STORY: China delivers first lightweight trailer using magnesium alloy DATELINE: April 25, 2023 LENGTH: 00:00:38 LOCATION: XI'AN, China CATEGORY: SOCIETY/TECHNOLOGY SHOTLIST: 1. various of lightweight trailer STORYLINE: China's first home-grown lightweight trailer made largely of magnesium alloy was delivered Sunday in the northwestern Chinese city of Xi'an. The trailer uses magnesium alloy parts that weigh more than 800 kg, and the single largest such part is 13 meters long. Nearly 1 tonne lighter than a similar trailer using mainly steel, it can significantly improve the economic efficiency of highway freight transport. The trailer was jointly developed by Xi'an Jiaotong University, Shaanxi Automobile Group, and many other partners. China is a major producer and exporter of raw magnesium. With advantages such as low specific gravity, high strength, good shock absorption, and anti-electromagnetic radiation, magnesium and its alloys can be widely used in aerospace, automobile, rail transit, and m

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Steel's takeover of Sapporo would harm shareholder interest

TOKYO, Japan - Shunko Muto, chairman of Sapporo Holdings Ltd.'s independent advisory panel, tells a news conference in Tokyo on Feb. 4 that the panel has judged that U.S. hedge fund Steel Partners' proposed takeover of the major Japanese brewer would be detrimental to the interests of Sapporo's shareholders.

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Shareholders nix Steel Partners-proposed management change

TOKYO, Japan - Sapporo Holdings Ltd. President Takao Murakami speaks at a news conference at a hotel in Tokyo on March 30, 2010, after the company's shareholders voted down U.S. investment fund Steel Partners Japan Strategic Fund (Offshore) L.P.'s proposal to reshuffle the board of directors.

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Sapporo rejects Steel Partners' plan

TOKYO, Japan - Takao Murakami, president of Sapporo Holdings Ltd., speaks about a proposal from its top shareholder Steel Partners Japan Strategic Fund (Offshore) L.P. for the selection of the company's 10-member board during a press conference in Tokyo on Feb. 12, 2010. Murakami said the company will reject the proposal as the current board is sufficiently competent to carry out plans to strengthen the company's business.

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Sapporo opposes takeover proposal from Steel Partners

TOKYO, Japan - Sapporo Holdings Ltd. President Takao Murakami speaks during a news conference in Tokyo on Feb. 26. Sapporo Holdings announced its opposition to a takeover proposal from U.S. hedge fund Steel Partners.

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Court nixes Steel Partners' appeal over Bull-Dog's takeover defense

TOKYO, Japan - Photo taken on July 9 shows the head office of Bull-Dog Sauce Co. in Tokyo's Kabutocho. The Tokyo High Court said earlier in the day that Bull-Dog Sauce Co.'s planned issuance of equity warrants to block a takeover attempt by Steel Partners will not run counter to the principle of shareholder equality. The court described the U.S. hedge fund as ''an abusive acquirer.''

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Shareholders OK Bull-Dog's adoption of takeover defense

TOKYO, Japan - Shoko Ikeda, president of Bull-Dog Sauce Co., speaks at a news conference in Tokyo on June 24 after Bull-Dog Sauce shareholders approved the management's proposal in a general shareholders meeting to introduce a defense system aimed at foiling an unwanted takeover bid by U.S. hedge fund Steel Partners.

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Shareholders OK Bull-Dog's adoption of takeover defense

TOKYO, Japan - Shareholders arrive at Royal Park Hotel in Tokyo on June 24 to attend the general shareholders meeting of Bull-Dog Sauce Co. Bull-Dog shareholders voted in favor of the management's proposal to introduce a defense system aimed at foiling an unwanted takeover bid by U.S. hedge fund Steel Partners.

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Tenryu voices opposition to Steel Partners' takeover bid

HAMAMATSU, Japan - Hiroyoshi Suzuki, president of Tenryu Saw Mfg., speaks about a takeover bid by U.S. hedge fund Steel Partners at a news conference in Hamamatsu, Shizuoka Prefecuture, on June 13.

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Steel Partners needs to educate Japanese management

TOKYO, Japan - Warren Lichtenstein, head of Steel Partners Ltd., walks into his press conference room in Tokyo on June 12. He said, ''We need to educate the management of Japanese companies that we invest in as well as our shareholders,'' adding, ''The first thing we need to enlighten them on is that we are here to help.''

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Steel Partners needs to educate Japanese management

TOKYO, Japan - Warren Lichtenstein, head of Steel Partners Ltd., walks into his press conference room in Tokyo on June 12. He said, ''We need to educate the management of Japanese companies that we invest in as well as our shareholders,'' adding, ''The first thing we need to enlighten them on is that we are here to help.''

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Steel Partners needs to educate Japanese management

TOKYO, Japan - Warren Lichtenstein, head of Steel Partners Ltd., made his first public appearance in Japan at a news conference in Tokyo on June 12. He said, ''I enjoy my privacy, but I feel that at this point in time we need to educate the management of Japanese companies that we invest in as well as our shareholders.''

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Bull-Dog aims to foil Steel Partners' unwanted takeover bid

TOKYO, Japan - Bull-Dog Sauce Co. President Shoko Ikeda speaks about the company's plan to foil the tender offer being carried out by Steel Partners at a news conference in Tokyo on June 7.

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Aderans' anti-takeover measures Ok'd by shareholders

TOKYO, Japan - Aderans Co.'s shareholders head to the site of a general meeting in Tokyo on May 24. The company's anti-takeover defense measures were approved at the meeting, brushing aside opposition from its biggest shareholder, U.S. hedge fund Steel Partners, according to a company official.

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Sapporo's anti-takeover steps approved by shareholders

TOKYO, Japan - Sapporo Holdings Ltd. President Takao Murakami speaks at a press conference in Tokyo on march 29 after the company's anti-takeover measures were approved at its general shareholders meeting, a move that could exacerbate its tense ties with U.S. hedge fund Steel Partners over their acquisition battle.

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Sapporo's anti-takeover steps approved by shareholders

TOKYO, Japan - Sapporo Holdings Ltd. stockholders being registered for the company's general shareholders meeting in Tokyo on March 29. The stockholders approved by majority vote Sapporo's anti-takeover measures against a takeover bid by the company's biggest shareholder U.S. hedge fund Steel Partners.

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Sapporo asks Steel Partners to clarify aim of takeover bid

TOKYO, Japan - Sapporo Holdings Ltd. President Takao Murakami speaks at a news conference at the Tokyo Stock Exchange on March 1 as the company, the target of an unwanted takeover bid by U.S. hedge fund Steel Partners, said it has called on the fund to give more details on the purpose of the proposed acquisition. The move suggests that Sapporo, Japan's third-largest brewery, may exercise anti-takeover measures against Steel Partners.

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Sapporo says no merger talks held so far with rival brewers

TOKYO, Japan - Yoshiyuki Mochida (L), a director Sapporo Holdings Ltd., speaks at a news conference in Tokyo on Feb. 16, a day after Steel Partners Japan Strategic Fund announced a buyout bid for the beer maker.

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2 Japanese firms fight takeover bids by U.S. fund

NAGOYA, Japan - Yoshiaki Mabuchi, president of Sotoh Co., a leading dyer-finisher of woolen fabrics based in Bisai, Aichi Prefecture, speaks at a news conference Jan. 15 on measures which his firm will take with Yushiro Chemical Industry Co., a Tokyo-based maker of metalworking oil, to fight hostile takeover bids by U.S. investment fund Steel Partners Japan Strategic Fund SPV-1 LLC.

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Sapporo says no merger talks held so far with rival brewers

TOKYO, Japan - Yoshiyuki Mochida (L), a director Sapporo Holdings Ltd., speaks at a news conference in Tokyo on Feb. 16, a day after Steel Partners Japan Strategic Fund announced a buyout bid for the beer maker. (Kyodo)

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Sapporo asks Steel Partners to clarify aim of takeover bid

TOKYO, Japan - Sapporo Holdings Ltd. President Takao Murakami speaks at a news conference at the Tokyo Stock Exchange on March 1 as the company, the target of an unwanted takeover bid by U.S. hedge fund Steel Partners, said it has called on the fund to give more details on the purpose of the proposed acquisition. The move suggests that Sapporo, Japan's third-largest brewery, may exercise anti-takeover measures against Steel Partners. (Kyodo)

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Sapporo's anti-takeover steps approved by shareholders

TOKYO, Japan - Sapporo Holdings Ltd. stockholders being registered for the company's general shareholders meeting in Tokyo on March 29. The stockholders approved by majority vote Sapporo's anti-takeover measures against a takeover bid by the company's biggest shareholder U.S. hedge fund Steel Partners. (Kyodo)

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Sapporo's anti-takeover steps approved by shareholders

TOKYO, Japan - Sapporo Holdings Ltd. President Takao Murakami speaks at a press conference in Tokyo on march 29 after the company's anti-takeover measures were approved at its general shareholders meeting, a move that could exacerbate its tense ties with U.S. hedge fund Steel Partners over their acquisition battle. (Kyodo)

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Aderans' anti-takeover measures Ok'd by shareholders

TOKYO, Japan - Aderans Co.'s shareholders head to the site of a general meeting in Tokyo on May 24. The company's anti-takeover defense measures were approved at the meeting, brushing aside opposition from its biggest shareholder, U.S. hedge fund Steel Partners, according to a company official. (Kyodo)

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Bull-Dog aims to foil Steel Partners' unwanted takeover bid

TOKYO, Japan - Bull-Dog Sauce Co. President Shoko Ikeda speaks about the company's plan to foil the tender offer being carried out by Steel Partners at a news conference in Tokyo on June 7. (Kyodo)

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Steel Partners needs to educate Japanese management: fund founde

TOKYO, Japan - Warren Lichtenstein, head of Steel Partners Ltd., made his first public appearance in Japan at a news conference in Tokyo on June 12. He said, ''I enjoy my privacy, but I feel that at this point in time we need to educate the management of Japanese companies that we invest in as well as our shareholders.'' (Kyodo)

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Steel Partners needs to educate Japanese management

TOKYO, Japan - Warren Lichtenstein, head of Steel Partners Ltd., made his first public appearance in Japan at a news conference in Tokyo on June 12. He said, ''I enjoy my privacy, but I feel that at this point in time we need to educate the management of Japanese companies that we invest in as well as our shareholders.'' (Kyodo)

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Steel Partners needs to educate Japanese management

TOKYO, Japan - Warren Lichtenstein, head of Steel Partners Ltd., walks into his press conference room in Tokyo on June 12. He said, ''We need to educate the management of Japanese companies that we invest in as well as our shareholders,'' adding, ''The first thing we need to enlighten them on is that we are here to help.'' (Kyodo)

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Tenryu voices opposition to Steel Partners' takeover bid

HAMAMATSU, Japan - Hiroyoshi Suzuki, president of Tenryu Saw Mfg., speaks about a takeover bid by U.S. hedge fund Steel Partners at a news conference in Hamamatsu, Shizuoka Prefecuture, on June 13. (Kyodo)

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Shareholders OK Bull-Dog's adoption of takeover defense

TOKYO, Japan - Shoko Ikeda, president of Bull-Dog Sauce Co., speaks at a news conference in Tokyo on June 24 after Bull-Dog Sauce shareholders approved the management's proposal in a general shareholders meeting to introduce a defense system aimed at foiling an unwanted takeover bid by U.S. hedge fund Steel Partners. (Kyodo)

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Shareholders OK Bull-Dog's adoption of takeover defense

TOKYO, Japan - Shareholders arrive at Royal Park Hotel in Tokyo on June 24 to attend the general shareholders meeting of Bull-Dog Sauce Co. Bull-Dog shareholders voted in favor of the management's proposal to introduce a defense system aimed at foiling an unwanted takeover bid by U.S. hedge fund Steel Partners. (Kyodo)

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Court nixes Steel Partners' appeal over Bull-Dog's takeover defe

TOKYO, Japan - Photo taken on July 9 shows the head office of Bull-Dog Sauce Co. in Tokyo's Kabutocho. The Tokyo High Court said earlier in the day that Bull-Dog Sauce Co.'s planned issuance of equity warrants to block a takeover attempt by Steel Partners will not run counter to the principle of shareholder equality. The court described the U.S. hedge fund as ''an abusive acquirer.'' (Kyodo)

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Steel's takeover of Sapporo would harm shareholder interest

TOKYO, Japan - Shunko Muto, chairman of Sapporo Holdings Ltd.'s independent advisory panel, tells a news conference in Tokyo on Feb. 4 that the panel has judged that U.S. hedge fund Steel Partners' proposed takeover of the major Japanese brewer would be detrimental to the interests of Sapporo's shareholders. (Kyodo)

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Sapporo opposes takeover proposal from Steel Partners

TOKYO, Japan - Sapporo Holdings Ltd. President Takao Murakami speaks during a news conference in Tokyo on Feb. 26. Sapporo Holdings announced its opposition to a takeover proposal from U.S. hedge fund Steel Partners. (Kyodo)

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Trump on U.S. steel and aluminum import curbs

U.S. President Donald Trump, seen in this file photo, suggested on March 6, 2018, that his plan to impose stiff tariffs on imports of steel and aluminum will cover Japan and other major U.S. trading partners. (Kyodo) ==Kyodo

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Shareholders nix Steel Partners-proposed management change

TOKYO, Japan - Sapporo Holdings Ltd. President Takao Murakami speaks at a news conference at a hotel in Tokyo on March 30, 2010, after the company's shareholders voted down U.S. investment fund Steel Partners Japan Strategic Fund (Offshore) L.P.'s proposal to reshuffle the board of directors. (Kyodo)

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Sapporo rejects Steel Partners' plan

TOKYO, Japan - Takao Murakami, president of Sapporo Holdings Ltd., speaks about a proposal from its top shareholder Steel Partners Japan Strategic Fund (Offshore) L.P. for the selection of the company's 10-member board during a press conference in Tokyo on Feb. 12, 2010. Murakami said the company will reject the proposal as the current board is sufficiently competent to carry out plans to strengthen the company's business. (Kyodo)