Report suggests no end to house hoarding rush

The number of unoccupied houses nationwide totaled 876,000 units last year, or 11.94 percent of all houses, the Ministry of the Interior said in a report issued on Thursday. Almost 30 percent of empty ... ( read original story ...)

Asia shares extend losses due to China crackdowns

Asian shares fell on Friday, extending their biggest monthly drop since the height of global COVID-19 lockdowns in March last year due to lingering investor concern over regulatory crackdowns in China ... ( read original story ...)

Taiwan approves TSMC’s plan to expand in Nanjing

The Investment Commission has approved a plan by Taiwan Semiconductor Manufacturing Co (TSMC, 台積電), the world’s largest contract chipmaker, to expand production at its plant in Nanjing, China. The ... ( read original story ...)

NZ CPI and BoJ decision due on Friday

Asia trades mixed after a similar session on Wall St.; China markets rise following data and MLF; UST yields decline amid Powell comments; NZ CPI and BoJ decision due on Fri. - Commodity currencies ... ( read original story ...)

Property investment remains risky

The introduction of the actual-price registration system for all property transactions nationwide and the “Joint Property Tax System 2.0,” effective from this month, together with the COVID-19 ... ( read original story ...)

Building boom widens divide in Tibet

Under towering mountains, cranes and newly built blocks of apartments stretch up to blue skies around the Tibetan capital, Lhasa, as a construction boom creates a two-tier system of property wealth ... ( read original story ...)

CCP cracking down on ‘lying flat’

The phrase “lying flat” has become popular among young Chinese. Rather than toil away at a job that offers limited possibilities for promotion or prosperity, it is better to take it easy and live a ... ( read original story ...)