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Taiwan's Kaohsiung home measuring 22-ping on market for nearly US$18 million

TAIPEI (Taiwan News) — A homeowner has put his 22-ping property (one ping equals 3.3 square meters) up for sale in Kaoshiung for an astonishing NT$500 million (US$17.98 million). The homeowne...

Taiwan's top builder says it's raising price of new homes by 30-40%

TAIPEI (Taiwan News) — To reflect the soaring cost of land and construction materials procurement, Taiwan's top builder Pau Jar Group (寶佳機構) is set to raise its home prices by 30% to 40%, de...

Frustration, defiance in village to be abandoned to the sea

FAIRBOURNE, Wales (AP) — Like many others who came to Fairbourne, Stuart Eves decided the coastal village in northern Wales would be home for life when he moved here 26 years ago. He fell in love with...

Australia core inflation speeds to 6-yr high in Q3, feeds rate fever

SYDNEY, Oct 27 (Reuters) - Australian core inflation sped to its fastest annual pace since 2015 in the September quarter as price increases became more broad-based, a major surprise that led markets t...

More social housing needed in Taiwan as house prices skyrocket

TAIPEI (Taiwan News) — A Taiwanese economics expert is urging the government to invest more in social housing as the country’s youths are feeling increasingly dissatisfied due to soaring h...

South Taiwan city to build more social housing amid TSMC rumors

TAIPEI (Taiwan News) — With house prices rising amid persistent unconfirmed reports that Taiwan Semiconductor Manufacturing Co., Ltd. (TSMC) will build a chip plant in Kaohsiung, Mayor Chen Chi-...

Australia's red-hot housing to get hotter, affordability to worsen

BENGALURU, Aug 19 (Reuters) - Red-hot Australian house prices will heat up even more this year and next thanks to super-low borrowing costs and a lack of available homes, making affordability even wor...

Europe's central bank intensifies focus on climate change

FRANKFURT, Germany (AP) — The European Central Bank has adopted a new approach to managing the economy that would tolerate transitory periods of consumer inflation moderately above its 2% goal — and t...

UK Holmes: London Property Market 2021 Mid-Year Review

HONG KONG SAR - Media OutReach - 22 June 2021 - With the UK experiencing the worst health crisis in a century and the greatest economic contraction in 300 years, it was astounding to many that the ...

Australia central bank holds rates as economy charges ahead

Australia’s central bank left its cash rate at record lows on Tuesday and reiterated its lower-for-longer policy stance even as data showed the country’s economic output was above its pre-...

South Korea's opposition party wins 2 key local elections

SEOUL, South Korea (AP) — South Korea’s conservative opposition party has won sweeping victories in mayoral by-elections in the country’s two biggest cities, votes seen as a test of public sentiment a...

Asian stocks follow Wall St. up on strong Japan, Korea data

BEIJING (AP) — Asian stock markets followed Wall Street higher Thursday after Japan and South Korea reported unexpectedly strong economic data and President Joe Biden announced a $2.3 trillion U.S. in...

New Zealand spends billions to slow skyrocketing home prices

HAMILTON, New Zealand (AP) — New Zealand will spend billions of dollars to encourage more home building and will also remove some tax breaks for speculators as it tries to slow skyrocketing house pric...

The Latest: Alaska governor, state House member have virus

JUNEAU, Alaska — Alaska House Speaker Louise Stutes says a member of the Alaska House has tested positive for the virus that causes COVID-19. She asked members and staff not to ente...

New Zealand's virus success unleashes runaway housing prices

WELLINGTON, New Zealand (AP) — New Zealand's success in battling the coronavirus has unleashed an unanticipated problem: skyrocketing house prices. When the pandemic first hit, most ...