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April 19, 2024
 

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REAL ESTATE

Japan’s first trading of digital securities will begin next month in the form of security tokens issued by real estate firms.
BUSINESS
Nov 21, 2023
Japan to start digital securities trading from December
The trading of security tokens issued by real estate firms Ichigo and Kenedix will begin on the Osaka Digital Exchange.
Singapore national flags hang from the facade of a Housing & Development Board public housing estate in the Selegie area of Singapore, in 2021.
BUSINESS / Economy
Nov 17, 2023
China puts money behind Singapore model in major housing shift
Details are undisclosed, outlined in a classified "Document 14" last month.
Wei Hsin-hsi and his wife pose for a picture outside their family’s temple that is located inside the proposed expansion area of an industrial park in the Longtan district of Taoyuan, in Taoyuan, Taiwan September 22, 2023. REUTERS/Carlos Garcia Rawlins
ASIA PACIFIC
Nov 8, 2023
Taiwan's land squeeze pits advanced chips against ancestral temples
If TSMC shifts more production outside Taiwan, it could weaken the backbone of Taiwan's economy.
WeWork sought U.S. bankruptcy protection on Monday.
BUSINESS / Companies
Nov 7, 2023
SoftBank's WeWork, once most valuable U.S. startup, goes bankrupt
The company reported estimated assets and liabilities ranging from $10 billion to $50 billion, according to a bankruptcy filing.
A construction crane beyond an apartment building at dusk in the Prenzlauer Berg district in Berlin, in February.
BUSINESS / Economy
Nov 3, 2023
Europe’s great housing crisis is only getting started
With housing already tight, the situation threatens to weigh on growth and further stoke political tensions as shortages squeeze more and more voters.
The land ministry plans to resume a subsidy program to help families with small children and young married couples build energy-efficient houses.
JAPAN
Oct 21, 2023
Japan looks to resume aid to help build energy-saving houses
The land ministry aims to incorporate the program in the government's upcoming economic package.
Hiroshi Watanabe, former Japanese currency policy chief and onetime head of the Japan Bank for International Cooperation, speaks during an interview in Tokyo.
BUSINESS / Economy / ANALYSIS
Oct 15, 2023
IMF warning on China puts 'Japanization' risk in spotlight
Stalling inflation and a deepening real estate crisis were said to be among the biggest risks to global growth during a recent IMF and World Bank meeting.
Visitors walk along the Marina Barrage water catchment area in Singapore in 2009.
BUSINESS / Markets
Oct 10, 2023
Singapore fighting rising seas to save $50 billion in real estate
During a half-century of independence, Singapore has fought to expand its territory, inch by hard-won inch. On the tip of the Malaysian peninsula, the island city-state piled up sand to expand its coastline and reclaim land from the sea.
The average price for a new condominium in central Tokyo rose 60% to a record ¥129.6 million ($865,000) in the first half of this year.
BUSINESS / Economy
Oct 4, 2023
Surging Tokyo property prices squeeze out young professionals
The average price for a new condominium in central Tokyo rose 60% to a record ¥129.6 million ($865,000) in the first half of this year.
An office lobby floor inside the new high-rise building Station Tower at Toranomon Hills
BUSINESS / Companies
Oct 4, 2023
Toranomon area continues to rise as Tokyo’s business hub
The massive Toranomon Hills project has helped the area become one of Tokyo's major business centers.
Mori Building's Azabudai Hills complex in Tokyo's Minato Ward, which will house offices, shops, apartments, hotels and a school, is set to open in November
COMMENTARY / Japan
Oct 2, 2023
While Manhattan’s offices stay empty, Tokyo keeps building
Remote working has decimated offices in cities like New York and London. But Tokyo's workspaces have bounced back, also thanks to new builds.
Four major Japanese banks have announced they will raise their 10-year fixed housing loan rates for the third consecutive month in October.
BUSINESS
Sep 30, 2023
Four major Japanese banks to raise housing loan rates in October
The hikes come as Japanese government bond yields rise after the Bank of Japan effectively raised its 10-year JGB yield cap to 1% from 0.5% in July.
China Evergrande Group Chairman Hui Ka Yan
BUSINESS / Companies
Sep 27, 2023
Evergrande’s billionaire chairman Hui under police surveillance
Hui was taken away by Chinese police earlier this month and is being monitored at a designated location. It’s not clear why he is under surveillance.
Workers in front of residential buildings under construction at the Phoenix Palace project, developed by Country Garden Holdings, in Guangdong province, China, on Sept. 21
BUSINESS / Markets
Sep 26, 2023
China’s ailing property market faces key test over golden week
The stakes are higher than ever this year, as the housing slowdown weighs on China’s economic recovery.
International investors are investing more money into hotels because of Japan's post-pandemic tourism boom.
BUSINESS / Economy
Sep 24, 2023
Singapore is Japan’s top property investor in 2023, report says
International investors are also attracted to Japan's low borrowing costs, and putting more money into hotels because of a post-pandemic tourism boom.
Several factors are pushing up Japan’s land prices: foreign tourism, a return of manufacturing to the country and the change in work practices after the COVID-19 pandemic.
EDITORIALS
Sep 22, 2023
Rising land prices are a cause for celebration and concern
The government said real estate prices across Japan rose 1% from the preceding year, the first such national increase in over three decades.
Many of the wealthy in Japan are becoming more keen to park their cash in private assets like equity, credit and real estate that aren't traded in public markets.
BUSINESS
Sep 20, 2023
Brokers tap demand for private assets among Japan's wealthy
Private assets are booming globally after decades-high inflation and rapid interest-rate hikes weighed on both shares and bonds.
The Meidi-ya Ginza commercial building in Tokyo is pictured on Sept. 12.
BUSINESS / Economy
Sep 19, 2023
Residential land prices in regional Japan up for first time in 31 years
Across Japan, average overall land prices climbed 1.0% for the second consecutive year of increase.
Shi Tieniu, 39, sits in a room of an unfinished residential building at Gaotie Wellness City complex in Tongchuan, Shaanxi province, China.
ASIA PACIFIC / Society / FOCUS
Sep 18, 2023
Broken dreams, shattered families in China's unfinished apartments
Since the property debt crisis began in 2021, thousands of homeowners have faced tough situations as smaller developers face liquidity issues.
In a city known for sparse youth accommodation, investors are buying up hotels and converting them into student housing or rental units.
BUSINESS / Markets
Sep 14, 2023
Investors scour Hong Kong hotels for student dorms and rentals
Hong Kong’s government has launched a slew of initiatives that fuel the demand for student housing and rental properties.
No link to Nankai Trough quake seen after temblor in Shikoku
Satoshi Harada from the Meteorological Agency explains about the magnitude 6.6 earthquake during a news conference early Thursday.
Thousands evacuated as Indonesia volcano erupts
Indonesia's Mount Ruang spews hot lava and smoke as seen from Sitaro, North Sulawesi, on Wednesday.
Why hasn't Japan moved to prop up the weak yen?
Finance Minister Shunichi Suzuki speaks to reporters in Tokyo on Tuesday.
Snake on a train: Discovery of serpent delays Tokyo-Nagoya shinkansen
A Tokaido shinkansen. It is unclear whether the snake was venomous or how it ended up on the train, and there was no injury or panic among passengers.
Sex differences could be key to the successful treatment of long COVID
A new study has found that women with long COVID had significantly lower levels of testosterone compared to those who had recovered from their infection.
'House of the Owl' brings Hollywood values to Japanese TV
In the new Disney+ series “House of the Owl,” Min Tanaka (left) plays a powerful political fixer, or “kuromaku,” who has a troubled relationship with his adult children, particularly his idealistic son, played by Mackenyu.
Benefits and risks: AUKUS looks to take gamble on Japan
U.S. President Joe Biden, Australian Prime Minister Anthony Albanese and British leader Rishi Sunak deliver remarks on the AUKUS partnership, after a trilateral meeting, at Naval Base Point Loma in San Diego in March last year.
Kyoto’s demon night parade lives to haunt another day
In a Kyoto long past, the "hyakki yagyō" (100 demon night parade) haunted a sleepy corner of Kyoto. Now, one enterprising monster enthusiast has won a small batttle to keep the march alive.
U.S. deploys midrange missile system in Indo-Pacific for first time
A U.S. Army Mid-Range Capability (MRC) Launcher arrives as part of the capability’s first deployment into theater on Northern Luzon, Philippines, April 8.
Unpacking the chaotic by-election in a scandal-hit Tokyo district
People listen to a campaign speech in Tokyo's Koto Ward on Tuesday.

Podcast

From easily navigable train stations to the helpfulness of its municipal staff, Tokyo has earned high praise for its commitment to accessibility for disabled travelers.
[Rebroadcast] Japan is doing better on accessibility than you may think

Longform

Historically, kabuki was considered the entertainment of the merchant and peasant classes, a far cry from how it is regarded today.
For Japan's oldest kabuki theater, the show must go on
By Lance Henderstein

SUSTAINABLE JAPAN

Vol. 34: Tokyo, a vanguard city for sustainability
Vol. 34: Tokyo, a vanguard city for sustainability

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