National Jan 21, 2022
Land ministry officials punished over statistics-tampering scandal
For over 20 years, the Ministry of Land, Infrastructure, Transport and Tourism had rewritten or overstated data when compiling its monthly construction orders.
Business / Corporate Jan 5, 2022
Plan to demolish 39 towers in Hainan pose latest threat to Evergrande's fortunes
The order is among the most extreme in a spate of government actions to seize the firm's property and land holdings, underscoring risks to its most-prized assets.
National Nov 27, 2021
The decision to extend the program is aimed at promoting sales of used homes amid a spike in vacant homes across the country.
Commentary / World Nov 11, 2021
China’s very distressed developers are also very clever
by Shuli Ren
Developers, attuned to Beijing’s fast and furious credit cycles, are once again coming up with naughty if twisty ways to borrow and survive this harsh winter.
Commentary / World Oct 13, 2021
When will China flinch and stop the Evergrande meltdown?
by Shuli Ren
If China is at all serious about cutting down its debt, it will have to relent and do something dramatic. Maybe even bail out Evergrande.
National May 18, 2021
Suga apologizes to asbestos victims, vowing swift settlement
Meeting plaintiffs in four suits on which the Supreme Court ruled the previous day, Suga said at the Prime Minister's Office that the government "sincerely reflects" on its past conduct.
National / Crime & Legal May 17, 2021
Japan top court holds state liable for asbestos diseases in workers
The ruling said the government was negligent in its duty to protect workers from contracting lung cancer and other diseases linked to asbestos.
Business Sep 7, 2020
Much of the money borrowed by local governments looks to be going to build the same kind of projects as in past years, which struggle to generate sufficient revenue.
Business May 7, 2020
U.S. launches national security probe of mobile crane imports
Domestic producer Manitowoc Co. cited data from the U.S. International Trade Commission showing that imports of the cranes increased 152 percent between 2014 and 2019.
Business / Corporate Apr 17, 2020
Japanese contractors Kajima, Obayashi and Taisei to halt construction nationwide due to pandemic
Major contractors Kajima Corp., Obayashi Corp. and Taisei Corp.said Friday they plan to halt construction nationwide through early May in response to the expanded state of emergency called over the COVID-19 pandemic. The announcements came a day after Prime Minister Shinzo Abe expanded the state ...
Business / Corporate Feb 18, 2020
Major general contractor Taisei Corp. on Tuesday showed the media a bridge built using a 3D printer. The prestressed concrete bridge, which has undergone an intensity test, marks a first in Japan, according to the company. Taisei plans to accelerate research and development with the aim ...