Bloomberg Kenya’s main opposition alliance postponed indefinitely plans to swear-in its leader as president of a so-called People’s Assembly, after the government warned such a step would amount to treason. A ceremony that was to be held in the port city of Mombasa December 12 was called off after “extensive internal consultations and engagement with a wide range of national ...

Bloomberg Japanese prosecutors are investigating two of the country’s biggest construction companies, Obayashi Corp. and Kajima Corp., for suspected wrongdoing linked to a public-backed $79 billion magnetic-levitation rail network. After local media reported authorities were looking into bid-rigging related to construction of Central Japan Railway Co.’s maglev project, Obayashi Corp. said in a statement that prosecutors had raided its office ...

Bloomberg Tata Communications Ltd. will soon hive its property holdings into a separate company, which will subsequently be listed, capping a 15-year effort by the unit of India’s largest conglomerate. The value of the company’s 773 acres of land parcels may be about $4.08 per share, or about 75 billion rupees, according to ICICI Securities Ltd. The spinoff should take ...