STOCK TRADING: The watchdog is investigating Chang Hwa Commercial Bank's chairman, and could decide whether to punish him this week
By Amber Chung
The nation's financial regulator may decide later this week to discipline Chang Po-shin (張伯欣), chairman of Chang Hwa Commercial Bank Ltd (彰化銀行), after prosecutors late on Tuesday named him as a defendant in a case of alleged illegal share trading.

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SLOWER DEMAND: ITRI forecast that revenues would remain flat for chipmakers but rise by 9 percent for chip design firms such as Mediatek
By Lisa Wang
Domestic semiconductor companies such as Taiwan Semicond-uctor Manufacturing Co (TSMC, 台積電) are expected to have a lackluster second-quarter on slack demand for electronics products after a stronger-than-expected first quarter, a local researcher said yesterday.

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By Jason Tan
The nation's software piracy rate remained at 43 percent last year, the fourth consecutive year it has been at that level, according to a report issued by Business Software Alliance (BSA) Taiwan on Tuesday.

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US sports gear powerhouse Nike Inc has teamed up with Apple Computer Inc to make a running shoe that can talk to iPod digital music players, the companies announced on Tuesday.

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Formosa Petrochemical Corp (台塑石化) expects its revenue to rise more than 10 percent this year, president Wilfred Wang (王文潮) said at a press conference yesterday.

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STAYING ALIVE: Samsung, LG.Philips and other firms will have to do more to remain ahead of rivals from Taiwan, China and elsewhere in the information-technology field
South Korea is losing global market share in the liquid-crystal display (LCD) and flat-screen TV sectors, and must innovate to counter increased competition, a market research company said yesterday.

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News Corp and other content providers are poised to record faster sales growth than makers of hardware such as computers and cellphones as machines become increasingly commoditized, researcher ISuppli Corp said.

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Emerging-market equity fund inflows stalled last week as the specter of higher interest rates around the world and a plunge in commodity prices prompted investors to trim their holdings in markets from India to Russia.

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By Amber Chung
The Financial Supervisory Commission (FSC) said yesterday that it signed a memorandum of understanding (MOU) with its French counterpart on April 28.

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■ TAIEX rebounds
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