SHANGHAI (Reuters) – China renamed and restructured its national railway corporation as part of its efforts to make the country’s government-run enterprises run in a more market-oriented fashion, its state-run railway group said on Tuesday. China State Railway... More »
TOKYO (Reuters) – A Kajima Corp official and a former executive of Taisei Corp were arrested on Friday as part of an investigation into the suspected rigging of bids for a Japanese high-speed rail project, prosecutors said. Prosecutors are investigating constr... More »
TOKYO (Reuters) – Japanese prosecutors on Monday raided the offices of two of the country’s biggest construction firms as they expanded an investigation into suspected collusion over contracts for an $80 billion high-speed magnetic levitation (maglev) train li... More »
A train derailed in northern India on Wednesday injuring at least 43 people, police and rail officials said, at least the third such accident in recent weeks that has raised concerns about the safety of the ageing rail network. More »
