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November 22, 2024
 

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REAL ESTATE

Japan Times
BUSINESS / FOCUS
Jan 14, 2022
Xi reshapes China property market, paving way for state dominance
While the endgame is still unclear, China watchers predict that the days of blistering home-price gains and debt-fueled building sprees by billionaire property tycoons are set to fade.
Japan Times
BUSINESS / Companies
Jan 12, 2022
World’s worst-performing bank lent billions to China Evergrande
Battered by mounting losses on loans to developers including China Evergrande Group, China Minsheng Banking Corp. saw their stocks tumble 31% in the 12 months through last week.
Japan Times
BUSINESS / Companies
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.
Japan Times
BUSINESS / FOCUS
Dec 15, 2021
Hong Kong’s property tycoons sacrifice profit to appease Beijing
Two years after protests rocked the city and Chinese authorities pointed a finger of blame at sky-high home prices, developers are under pressure to help ease its housing crisis.
Japan Times
BUSINESS / FOCUS
Dec 13, 2021
Abandoned projects shatter confidence in China’s home market
Across China, scores of unfinished apartment buildings — the legacy of a real estate boom gone awry in 2021 — are derailing countless dreams of owning a home.
Japan Times
BUSINESS
Dec 10, 2021
Worst could be over for Tokyo real estate as vacancy rate drops
Vacancies fell by 0.12 percentage points to 6.35% in the capital's five main business districts, ending months of increases amid the pandemic.
Japan Times
BUSINESS / Companies
Dec 7, 2021
Nomura Real Estate tries to attract EV drivers with new condo
With Japan's pledge to go carbon neutral by 2050, some developers hope housing developments like this become the norm.
Japan Times
BUSINESS
Nov 29, 2021
Even in tech hub Shenzhen, China's property market succumbs to chills
The lack of turnover in the property market and the fallout on the city's real estate brokers stems in part from policy efforts by local authorities to make apartment prices more affordable.
Japan Times
BUSINESS
Nov 22, 2021
China property moguls use billions of their own cash on rescues
The move stands in contrast with counterparts overseas, where the concept of limited liability generally protects personal wealth from creditors' claims.
Japan Times
BUSINESS / FOCUS
Nov 16, 2021
China faces GDP growth at 1990s levels amid Beijing’s property crackdown
President Xi Jinping seems willing to accept the lowest growth in three decades in order to reduce the country's dependence on its property sector.
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
Nov 7, 2021
Chips, coal and property top China traders’ plenum watch list
After a yearlong regulatory crackdown, investors are on high alert for the risk of more policy change as the Communist Party kicks off a major convention this week.
Japan Times
BUSINESS / ANALYSIS
Nov 3, 2021
Trump's real estate empire pays the price for poisonous politics
Trump's business brand was once synonymous with success, an image that now clashes sharply with a political brand rooted in the anger of his largely rural and working-class voter base.
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
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 / Economy
Oct 18, 2021
China's economy stumbles on power crunch and property woes
GDP grew 4.9% in the July-September period from a year earlier, the weakest clip since the third quarter of 2020 and missing forecasts.
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.
Two of America’s biggest debt holders are dumping Treasurys
The U.S. Treasury building in Washington. Investors in Japan and China sold a pile of U.S. debt in the last quarter, just before the U.S. presidential election.
Russia launched intercontinental ballistic missile during attack on Ukraine, Kyiv says
A Yars intercontinental ballistic missile is launched during a test from the Plesetsk cosmodrome in Northern Arkhangelsk region of Russia, in this still image captured from video released on Oct. 29.
Ishiba aggravates his own political failures with diplomatic faux pas
Prime Minster Shigeru Ishiba is greeted at the APEC summit in Lima by Canadian Prime Minister Justin Trudeau on Friday. The Japanese leader was criticized for remaining seated while meeting several world leaders at the event.
Japan's 3.31 million visitors in October set monthly record
Kiyomizu Temple in Kyoto in December 2023. Famous autumn leaf colors contributed to increased tourism demand last month from many markets across Asia, Europe and North America, the Japan National Tourism Organization has said.
Japan ranks last in romance satisfaction for second straight year
In a survey of 31 countries, Japan ranked last in terms of those who felt loved, with just 51% of respondents saying so.
Japan, U.K. and Italy discuss inviting more countries to joint fighter project
A new concept model of a next-generation fighter jet to be jointly developed by Japan, Britain and Italy is on display in Farnborough, Hampshire, in July.
Haruki Murakami's 'The City and Its Uncertain Walls' gives deep deja vu
For “The City and Its Uncertain Walls,” translated into English by Philip Gabriel, Haruki Murakami confronts the ghosts who won't leave him alone.
Japanese expats in Asia find community through rugby
The Taiwan Fivewoods celebrate their victory at the 2023 Asian Japanese Rugby Cup in December of last year.
In Fukushima, a weekend of prose, poetry and translation
Aomori-based writer JJ Carter presented on tabletop gaming as creative inspiration for building characters and narratives.
For Dr. Nakamats, aging is just experience in action
Though he didn't win the recent gubernatorial election in Tokyo, the 96-year-old Dr. Nakamats' run was seen as inspirational in Japan's aging society.

Podcast

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

Longform

Construction takes place on the Takanawa Gateway Convention Center in Tokyo, slated to open in 2025.
A boom for business tourism in Japan?
By Kathryn Wortley

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SWCC keeps changing with keyword ‘new challenges’
SWCC keeps changing with keyword ‘new challenges’

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