China no match for Japan in Southeast Asia infrastructure race

Business Jun 23, 2019

China no match for Japan in Southeast Asia infrastructure race

Japan is still winning the Southeast Asia infrastructure race against China, with pending projects worth almost one and a half times its rival, according to the latest data from Fitch Solutions. Japanese-backed projects in the region's six biggest economies — Indonesia, Malaysia, Philippines, Singapore, Thailand ...

Fiery crash at Cairo train station kills 20

World Feb 27, 2019

Fiery crash at Cairo train station kills 20

A hurtling train crashed, derailed and caught fire at Cairo's main station on Wednesday, killing at least 20 people in the latest disaster to strike Egypt's rundown railways. The country's transportation minister resigned hours after the accident. A train engine appeared to have slammed into the ...

Malaysia scraps multibillion dollar China-backed rail project

Business Jan 27, 2019

Malaysia scraps multibillion dollar China-backed rail project

A multibillion dollar China-backed rail project in Malaysia has been scrapped, government officials said Saturday, adding that the cost of building it was too high. Malaysia has in recent months suspended several major projects signed under the country's previous scandal-plagued regime, in a bid to ...