News On Japan

'Nissan' or 'Nippon Steel'? Trump Mistakenly Mixes Up Names Three Times

WASHINGTON DC, Feb 10 (News On Japan) - Confusion arose during a joint press conference following the U.S.-Japan summit on February 7th when former President Donald Trump mistakenly referred to Nippon Steel as "Nissan" three times while discussing the company's planned acquisition of U.S. Steel. His remarks led to brief speculation about whether struggling automaker Nissan was investing in the American steel giant.

According to Reuters, the White House later issued a correction.

Trump, speaking about Nippon Steel's bid for U.S. Steel, stated, "Nissan is doing something very exciting," and added, "I’m meeting with Nissan next week. I'll be meeting with Nissan’s top executive. It’s a great company." The error likely stemmed from his prior mention of Toyota, leading to a mix-up between Nissan and Nippon Steel, both Japanese companies.

Source: Kyodo

News On Japan
POPULAR NEWS

In a striking finding from one of the world's longest-living nations, dementia has overtaken all other causes of death in Japan.

Weather officials say cherry blossoms have started blooming in Tokyo. The event occurred on the same date as the seasonal average and five days earlier than last year. (NHK)

Weather officials in Japan say yellow sand from China's desert regions has reached the Japanese archipelago. (NHK)

With just three weeks remaining until the start of the Osaka-Kansai Expo, several pavilions held preview events on Sunday.

A civic group in Usa City, Oita Prefecture, that collects and analyzes materials from the Pacific War has released twelve pieces of footage showing U.S. air raids and kamikaze attacks.

MEDIA CHANNELS
         

MORE Business NEWS

Once a pioneering force in Japan’s convenience store sector, 7-Eleven is now facing a clear slowdown. Although the company introduced many groundbreaking services over the years—such as hot oden by the register and in-store ATMs—it has failed to produce a major hit in over a decade.

Meitetsu announced on March 24th its long-term redevelopment plan for the area in front of Nagoya Station, which includes the construction of two new skyscrapers matching the height of the iconic Spiral Towers in nearby Sasashima.

Starbucks is replacing its paper straws with biomass plastic straws, beginning a nationwide rollout on March 24th.

Beef bowl chain Sukiya has issued an apology on its official website after a rat was found in a bowl of miso soup served at one of its restaurants in Tottori Prefecture in January.

As the number of vacant houses across Japan continues to rise—now estimated at 9 million—a unique group in Kobe is tackling what many consider a lost cause: severely dilapidated homes, or 'haioku.'

Japan's household financial assets reached a record 2,230 trillion yen ($15 trillion) at the end of December last year, driven by growing use of the tax-free NISA investment accounts and rising stock prices.

JR Hokkaido announced on March 19th that the JR Sapporo Station redevelopment, linked to the Hokkaido Shinkansen extension, will be delayed by six years, with full operations now set for fiscal 2034.

Japan's Ministry of Land, Infrastructure, Transport and Tourism announced that as of January 1st, official land prices—a key real estate benchmark—rose 2.7% year-on-year, marking the fourth consecutive annual increase.