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July 27, 2024
 

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REAL ESTATE

Japan Times
BUSINESS / FOCUS
Aug 27, 2022
China’s bad debt funds are no white knights in property crisis
Aggressive lending to embattled developers has beset the $730 billion funds with heavy credit losses, forcing Beijing to weigh a preliminary plan to restructure the sector.
Japan Times
ASIA PACIFIC
Aug 3, 2022
Sweeping mortgage boycott changes the face of dissent in China
While real estate has been the most common cause of protests in recent years, a coordinated boycott of this scale has never happened before in China.
Japan Times
BUSINESS
Aug 1, 2022
China Evergrande falls short of promised restructuring plan
Adding to setbacks, the company said in a filing Sunday that one of its units will need to sell shares of a bank in northeastern China, after losing an arbitration ruling.
Japan Times
ASIA PACIFIC
Jul 29, 2022
China’s Politburo signals no big stimulus despite slowdown
Instead, the country's top leaders are calling on officials to ensure that housing projects are completed following a wave of mortgage boycotts.
Japan Times
COMMENTARY / World
Jul 28, 2022
Property crisis traps China into a market paradox
The effort to halt the spread of mortgage boycotts risks fueling the behavior officials are trying to prevent.
Japan Times
ASIA PACIFIC / Politics
Jul 28, 2022
From property crisis to 'COVID zero': What to watch for in China's Politburo meeting
There are some signs that authorities could tweak the rhetoric around economic targets or downplay its significance, rather than change it outright.
Japan Times
BUSINESS
Jul 25, 2022
China on alert for Evergrande restructuring plan after shakeup
The company rocked markets late last year when it defaulted on dollar-bond payments after liquidity scares that began in 2020.
Japan Times
ASIA PACIFIC
Jul 21, 2022
China censors strive to filter or erase details of mortgage protests
The turmoil is testing Chinese social media companies, which are subject to strict laws requiring them to censor content that 'undermines social stability.'
Japan Times
BUSINESS
Jul 20, 2022
It's not just China homebuyers. Now property suppliers are boycotting loans.
The payments protest is the latest sign of how a movement by homebuyers to boycott mortgages on unfinished homes in China is spreading to affect other sectors in the economy.
Japan Times
BUSINESS
Jul 20, 2022
Xi faces surprise revolt from Chinese homebuyers on mortgage boycott
Ordinary Chinese people are publicly revolting, with rapidly escalating boycotts on mortgage payments spread across at least 301 projects in about 91 cities.
Japan Times
BUSINESS / FOCUS
Jul 19, 2022
Japan offers subsidies for home purchases by child-rearing families
The subsidies are also intended to promote the fight against global warming, in line with the government goal of reducing greenhouse gas emissions to effectively zero by 2050.
Japan Times
BUSINESS
Jul 15, 2022
China property crisis is spiraling with homebuyers’ boycott
Mounting signs of stress this week in an industry that accounts for about a quarter of the world's second-largest economy are roiling China's credit markets.
Japan Times
ASIA PACIFIC
Jul 13, 2022
Chinese homebuyers across 22 cities refuse to pay mortgages
The payment refusals underscore how the storm engulfing China's property sector is now affecting the country's middle class.
Japan Times
BUSINESS
Jul 8, 2022
Cheaper yen lures Hong Kong's rich to Japanese real estate
International property agents said sales have increased this year as the yen fell to multi-decade lows against the Hong Kong dollar.
Japan Times
BUSINESS
Jul 1, 2022
Japan's average land price up 0.5% in rebound from pandemic hit
While 20 of the country's 47 prefectures have seen increases, 13 more than in 2021, prices have continued to fall in others.
Japan Times
BUSINESS
Jun 14, 2022
Amazon builds property empire, quietly buying land across the U.S.
Amazon plans to use much of the real estate for a new generation of towering fulfillment centers that can store a wide variety of products close to customers in populous areas.
Japan Times
JAPAN / Regional Voices: Okinawa
May 2, 2022
Chatan resort thriving as symbol of Okinawa’s growth, 50 years after reversion
The town, home to the American Village commercial and entertainment complex, has seen its finances strengthen thanks in part to an increase in property tax revenue from inbound companies.
Japan Times
BUSINESS
Apr 20, 2022
Wealth shock: Property bust in small Chinese cities rattles households
Homeowners are battling a rare property market downdraft that's eroding the wealth of millions in the world's second-largest economy.
Japan Times
WORLD
Mar 29, 2022
In Istanbul and Dubai, Russians pile into property to shelter from sanctions
While Turkey and the UAE have criticized the Russian offensive, Ankara opposes non-U.N. sanctions on Russia and both countries have relatively good ties with Moscow.
Japan Times
BUSINESS / Economy
Mar 22, 2022
Japan land prices rebound a year after pandemic broke six-year uptrend
The land ministry said it had observed a recovery trend, driven by housing demand in urban areas, as the influence of the pandemic is waning.
Japan's population continues to fall even as foreign resident count rises
The number of residents in Tokyo as of Jan. 1 rose by 0.03% from a year before, data shows, marking a year-on-year increase for the first time in three years, while the country's other 46 prefectures saw their populations continue to decline.
Japan’s minimum wage set for record ¥50 hike in major boost
Demonstrators rally to demand a big hike in minimum wages in Tokyo last week.
One dead, three missing as heavy rain batters Tohoku
Camera footage shows the Mogami River bursting its banks in Tozawa, Yamagata Prefecture, on Friday morning.
Yen melt-up nudges Japanese stocks into correction territory
Japanese stocks are down 10% from their July peak as the yen strengthens.
Yen rally could help end crushing wage decay in Japan
Some economists say a sticky weak yen trend would have a negative impact on Japan's real wage growth.
When did summer in Japan stop being fun?
Summer in Japan is now consistently brutal enough to drive you indoors and keep you there until autumn.
Japan’s minimum wage set for record ¥50 hike in major boost
Demonstrators rally to demand a big hike in minimum wages in Tokyo last week.
Japan loses top spot on strongest passport list to Singapore
Japan had the strongest passport for six years running from 2018, before being dethroned by Singapore on the 2024 list.
Why Japan's mysterious stash of classified funds escapes scrutiny
Prime Minister Fumio Kishida and Chief Cabinet Secretary Yoshimasa Hayashi (right) during a meeting in Tokyo on Tuesday.
Japan eyes gold — and the future — as Olympic men's soccer campaign begins
Japan midfielder Yu Hirakawa controls the ball during a match against the United States in Kansas City, Kansas, on June 11.

Podcast

One of the many entrances to the Kabukicho neighborhood in Tokyo’s Shinjuku Ward.
Kabukicho: Tokyo’s ‘stadium of desire’

Longform

Traditional folk rituals like Mizudome-no-mai (dance to stop the rain) provide a sense of agency to a population that feels largely powerless in the face of the climate crisis.
As climate extremes intensify, Japan embraces ancient weather rituals
By Alex K.T. Martin

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JNTO promotes sustainable tourism initiatives

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