Chinese mortgage rate cut sets record

China yesterday ramped up support for its property sector with its biggest-ever cut to a key mortgage reference rate, raising expectations for more aggressive measures to support the economy in the ...

TSMC Japan a promise of better ties: Lai

From left, Japanese lawmaker Tsuneo Kitamura, Vice President William Lai and Japanese lawmaker Iwao Horii pose for a photograph at the Presidential Office in Taipei yesterday ... Corp (力積電) and ASE ...

Taiwan steadfast on ocean law: MAC

Taiwan would continue to enforce the law in restricted waters around Kinmen County, the Mainland Affairs Council (MAC) said yesterday. The council was responding after China’s Taiwan Affairs Office ...

China’s Property Boom Goes Bust

Evergrande is the world's most indebted property developer, with liabilities in excess of $300 billion. When the overleveraged firm was unable to pay interest on these debts in 2021, it sent the ...