Rising property prices have scared away many potential real estate buyers, with 72.5 percent of respondents in a survey saying now was not a good time to shop for homes.
Neither did the survey, a monthly poll released yesterday by Cathay Life Insurance Co (國泰人壽), suggest that it is a seller’s market, with only 32 percent of respondents saying now was a good time to sell, lower than the 47 percent who said it was not a good time to sell.
From a macro point of view, 61.6 percent of the 10,320 respondents said the nation’s economic fundamentals had rebounded significantly. A total of 51.7 percent also said they expected the economy to continue improving in the next six months.
From a personal perspective, however, the survey showed respondents remained concerned over rising unemployment rates and stagnant income growth amid rising inflationary pressures.
Nearly 80 percent of respondents said consumer prices had jumped in the last six months and would continue to climb in the next half of the year, it showed.
More than 60 percent of respondents said they remained pessimistic about income growth now or in the foreseeable future, the survey found.
Respondents also expressed a neutral view toward discretionary spending, but 42 percent of respondents expected the TAIEX to rise in the next six months, the survey concluded.
SEEKING CLARITY: Washington should not adopt measures that create uncertainties for ‘existing semiconductor investments,’ TSMC said referring to its US$165 billion in the US Taiwan Semiconductor Manufacturing Co (TSMC, 台積電) told the US that any future tariffs on Taiwanese semiconductors could reduce demand for chips and derail its pledge to increase its investment in Arizona. “New import restrictions could jeopardize current US leadership in the competitive technology industry and create uncertainties for many committed semiconductor capital projects in the US, including TSMC Arizona’s significant investment plan in Phoenix,” the chipmaker wrote in a letter to the US Department of Commerce. TSMC issued the warning in response to a solicitation for comments by the department on a possible tariff on semiconductor imports by US President Donald Trump’s
The government has launched a three-pronged strategy to attract local and international talent, aiming to position Taiwan as a new global hub following Nvidia Corp’s announcement that it has chosen Taipei as the site of its Taiwan headquarters. Nvidia cofounder and CEO Jensen Huang (黃仁勳) on Monday last week announced during his keynote speech at the Computex trade show in Taipei that the Nvidia Constellation, the company’s planned Taiwan headquarters, would be located in the Beitou-Shilin Technology Park (北投士林科技園區) in Taipei. Huang’s decision to establish a base in Taiwan is “primarily due to Taiwan’s talent pool and its strength in the semiconductor
Industrial production expanded 22.31 percent annually last month to 107.51, as increases in demand for high-performance computing (HPC) and artificial intelligence (AI) applications drove demand for locally-made chips and components. The manufacturing production index climbed 23.68 percent year-on-year to 108.37, marking the 14th consecutive month of increase, the Ministry of Economic Affairs said. In the first four months of this year, industrial and manufacturing production indices expanded 14.31 percent and 15.22 percent year-on-year, ministry data showed. The growth momentum is to extend into this month, with the manufacturing production index expected to rise between 11 percent and 15.1 percent annually, Department of Statistics
An earnings report from semiconductor giant and artificial intelligence (AI) bellwether Nvidia Corp takes center stage for Wall Street this week, as stocks hit a speed bump of worries over US federal deficits driving up Treasury yields. US equities pulled back last week after a torrid rally, as investors turned their attention to tax and spending legislation poised to swell the US government’s US$36 trillion in debt. Long-dated US Treasury yields rose amid the fiscal worries, with the 30-year yield topping 5 percent and hitting its highest level since late 2023. Stocks were dealt another blow on Friday when US President Donald
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