Mon, Feb 04, 2013 - Page 14 News List

[ BUSINESS BRIEFS ]

Staff writer, with agencies

“Our checks suggest that the consensus among auto companies is that they may consider adjusting prices once the yen depreciates against the US dollar to the 95 to 100 level,” Morgan Stanley analyst Terence Cheng said in Taipei.

“Longer term, we believe a depreciating yen could help ease cost pressures on Taiwan’s auto companies or stop requests by Japanese suppliers to raise prices which happened during the period the yen was appreciating,” Cheng added.

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