WARNING SIGNS: Economists said that the hike in production costs in the first half could translate into higher retail prices in the second half, pushing the CPI higher
By Jessie Ho
The continuing rise in the prices of oil and various consumer goods are expected to push up the nation's inflation benchmark -- the consumer price index (CPI) -- in the second half of the year, economists said yesterday.

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By Jackie Lin
Taipei 101, the world's tallest skyscraper at 508m high, expects to continue attracting tourists from home and abroad despite the challenges posed by new constructions aiming to be the new record holder.

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By Lisa Wang
Nanya Technology Co (南亞科技), the nation's second-largest maker of computer memory chips, yesterday reported its first quarterly losses in two years as chip prices plunged amid oversupply, but said a recovery is underway as demand picks up.

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FOR CONVENIENCE: After struggling for years to survive in the competitive convenience store field, Nikomart has decided to withdraw from the market
By Jackie Lin
Taiwan FamilyMart Co (全家便利商店) and smaller rival Taiwan Nikomart Co (福客多) yesterday inked a letter of intention for the former to acquire operational rights to Nikomart, paving the way for the latter's withdrawal from the market.

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By Jackie Lin
Uni-President Enterprises Corp (統一企業), the nation's largest food conglomerate, announced yesterday a plan to boost its stake in Tait Marketing and Distribution Co (德記洋行) to strengthen their strategic alliance.

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BACK TO FOSSILS: The tiny percentage of power that the nation's three nuclear power plants provides, along with limits on gas, are prompting insiders to back coal
By Jessie Ho
As Taiwan grows more enthusiastic over the development of renewable energy, a researcher is suggesting that the government put the brakes on traveling in that direction before more energy is wasted.

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By Amber Chung
The Mega International Commercial Bank (兆豐國際商銀) labor union yesterday said that it lodged accusations of jobbery committed by the Financial Supervisory Commission (FSC) with prosecutors.

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By Amber Chung
Shares of debt-ridden Cosmos Bank (萬泰銀行), the nation's largest cash card issuer, plunged yesterday after the financial regulator said the bank would be banned from margin trading in September as rising losses seriously dent its net value.

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Record Wall Street helps shares
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