Why Japan’s ambitious urban redevelopment projects are stalling

TOKYO– If all goes according to plan, the skyline of Tokyo’s bustling Shibuya district will finally lose its matrix of construction cranes in March 2035, marking the conclusion of a “once-in-a-century” redevelopment pushed nearly eight years behind schedule. ( read original story ...)

Japan raises interest rate to highest for 31 years

Japan's central bank has increased its main interest rate to a new 31-year high after a surge in global energy prices. On Tuesday, the Bank of Japan (BOJ) raised its so-called policy rate to 1% from 0 ... ( read original story ...)