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July 17, 2024
 

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EVERGRANDE

Japan Times
COMMENTARY / World
Nov 15, 2021
Even China's biggest company is looking for an exit
With the once-hot China market cooling, Tencent plans to invest more to leverage its foreign exposure including beefing up overseas games publishing operations.
Japan Times
BUSINESS
Nov 11, 2021
Evergrande dodges default again with last-minute payments but concerns remain
The world's most indebted real-estate developer is grappling with more than $300 billion in liabilities, $19 billion of which are international market bonds.
Japan Times
COMMENTARY / World
Nov 11, 2021
China’s very distressed developers are also very clever
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.
Japan Times
BUSINESS
Nov 10, 2021
Investors await Evergrande's overdue $148 million payment as debt woes grow
Despite Evergrande's debt woes, its electric vehicles unit is planning to push ahead with its plan to sell shares to fund production of new energy cars.
Japan Times
BUSINESS / ANALYSIS
Nov 1, 2021
China's property woes put prestige global projects in play
China's property sector woes could spell trouble for prestige mega-projects in London, New York, Sydney and other top cities as the developers behind them scramble for cash.
Japan Times
COMMENTARY / World
Oct 25, 2021
China must restore growth or face economic uncertainty
China's experience over the past 40 years shows that without decent growth, financial stability is difficult to achieve.
Japan Times
BUSINESS
Oct 22, 2021
Evergrande avoids default with last-minute bond interest payment
Speculation about a default has been swirling for months, stoking credit-market contagion among other cash-strapped developers.
Japan Times
BUSINESS / Companies / FOCUS
Oct 19, 2021
Power shortages a bigger concern for Japan firms in China, not Evergrande
If industrial production becomes sluggish amid the power shortfall, Japanese firms will struggle to buy the components they need and have to trim planned output, eroding their profits.
Japan Times
BUSINESS
Oct 17, 2021
Down is still up for foreign investors piling into China
Like the demise of Enron Corp. and the collapse of Lehman Brothers, the debacle at China Evergrande Group was inevitable to some only in retrospect.
Japan Times
BUSINESS
Oct 16, 2021
Evergrande debt woes are manageable, China central bank official says
In rare official comments, Zou Lan, head of financial markets at the People's Bank of China, urged Evergrande to step up asset disposals and the resumption of projects.
Japan Times
COMMENTARY / World
Oct 13, 2021
When will China flinch and stop the Evergrande meltdown?
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.
Japan Times
BUSINESS
Oct 11, 2021
How Evergrande's rags-to-riches founder is trying to save his empire
Evergrande chairman Hui Ka Yan's fortune is plunging and his sprawling real estate empire is on the verge of collapse.
Japan Times
BUSINESS
Oct 5, 2021
Evergrande eyeing $5 billion property unit sale as rival Fantasia misses payment
Once China's top-selling property group, Evergrande is facing one of the country's largest-ever defaults as it struggles with more than $300 billion of debt.
Japan Times
BUSINESS
Oct 4, 2021
China steps up efforts to ring-fence Evergrande, not save it
In the last week alone, Chinese authorities have dispatched top financial regulators to nudge the country's massive banks to ease credit for homebuyers and support the property sector.
Japan Times
BUSINESS / Economy
Sep 30, 2021
BOJ's Haruhiko Kuroda rejects China bubble risk as unlike 1980s Japan
He added that China's issues aren't like the subprime U.S. mortgage meltdown that spurred turmoil across the world in 2008.
Japan Times
BUSINESS
Sep 29, 2021
China targets Evergrande risks with $1.55 billion bank deal
The bank stake transaction underscores the mounting pressure on billionaire Hui Ka Yan to spin off and sell assets to pay down a mountain of debt.
Japan Times
BUSINESS
Sep 28, 2021
Ties strained for Evergrande founder as poker pal he relied on reduces stake
Whenever trouble struck, Hui Ka Yan could count on the deep pockets of a small group of property billionaires who regularly played card games together — but not this time.
Japan Times
BUSINESS
Sep 26, 2021
China’s power crunch is next economic shock beyond Evergrande
A crackdown on power consumption is being driven by rising demand for electricity and surging coal and gas prices as well as strict targets from Beijing to cut emissions.
Japan Times
BUSINESS
Sep 23, 2021
China preparing for Evergrande's downfall, report says
The move has been characterized as 'getting ready for the possible storm' by officials, The Wall Street Journal said in a report.
Japan Times
BUSINESS
Sep 23, 2021
China's Evergrande seeks to reassure investors with wealth management remarks
Indebted property giant China Evergrande Group will make it a top priority to help wealth investors redeem their products, its chairman has said.
South Korea couple beat same-sex barriers to parenthood
South Korean lesbian couple Kim Kyu-jin (left) and her wife, Kim Sae-yeon, pose with a "pregnant woman" badge during an interview in Seoul last month.
Japan unveils new overtourism countermeasures
The majority of tourists in Japan tend to stay in Tokyo, Osaka or Kyoto, resulting in overcrowding in popular tourist spots and a strain on transportation systems.
Opportunities await the bold in the Year of the Wood Dragon
2024 marks the Year of the Dragon in the Chinese zodiac, with the year predicted to be a good time for fresh starts.
Japan pharma startup developing world-first drug to grow new teeth
A new tooth is seen in a ferret's mouth after it was administered a drug to stimulate the growth of tooth buds.
Don’t worry about global population collapse
Most projections show the world will hit peak humanity in the 21st century as people choose to have smaller families and women gain power over their own reproduction.
The neurological disorder that 'kills culture'
Akiko Trush says her experience with the neurological disorder dystonia left her feeling like she wanted to chop her own hand off.
How to beat Japan’s summer heat in ways better for the planet
Tenugui towels hang up to dry at a dyeing company in Sakai, Osaka Prefecture, on May 8. The durable and versatile tenugui, which many people have in their homes, can be used in many ways to cool one’s body.
After Trump shooting, U.S. presidential race might take a violent turn
United States Secret Service Counter Snipers stand guard on a rooftop during a campaign rally for U.S. President Donald Trump in Avoca, Pennsylvania, in 2020.
No AC this summer? No problem (for me).
Think air conditioning is a requirement for a Tokyo summer? Think again.
She’s paying ¥1 million to help behind the scenes at the Paris Olympics
Mai Tarumi, who previously volunteered at the postponed Tokyo Olympics in 2021, has a travel budget of ¥1 million for her trip to volunteer at the Paris Games.

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Longform

Akiko Trush says her experience with the neurological disorder dystonia left her feeling like she wanted to chop her own hand off.
The neurological disorder that 'kills culture'
By Tomoko Otake

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