TOKYO, Dec 20 Shares of Taisei Corp
fell more than 4 percent on Wednesday after a media report that
the Japanese construction firm had asked rival Obayashi Corp
to refrain from bidding on a project for magnetic
levitation (maglev) trains.
TOKYO Tokyo prosecutors raided the headquarters of Japanese construction firms Taisei Corp and Obayashi Corp on Tuesday over alleged antitrust violations linked to $80 billion worth of magnetic levitation (maglev) train projects.