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    Mortgages could be source of next crisis

    TEMPTATION: If not handled properly, an overly aggressive expansion by lenders into the housing mortgage sector could very likely turn into a financial headache
    By Amber Chung
    The aggressive expansion of local banks has turned the rapidly ballooning housing mortgage segment into the next risk area for the nation's troubled banking sector, Macquarie Research said.

    [ FULL STORY ]


    Idee in talks with buyers for ailing Taichung branch

    By Jackie Lin
    Idee Department Store (衣蝶百貨), an affiliate of the debt-ridden Rebar Asia Pacific Group (力霸亞太企業集團), is in talks with potential buyers for its money-losing Taichung branch, a company executive said yesterday.

    [ FULL STORY ]


    Central bank likely to raise interest rates

    FEELING THE PAIN: Analysts say that the constant increase in the price of global raw materials could push the nation's inflation rate to 1.2 percent this year and 1.7 next year
    By Amber Chung
    To keep economic growth on track, the central bank could raise its key interest rates again in the second half of the year on looming inflation risk driven by rising prices of raw material, Standard Chartered Bank said.

    [ FULL STORY ]


    KFC to raise prices on nation's favorites

    By Jackie Lin
    Facing a continuing increase in the price of raw materials, Kentucky Fried Chicken, the nation's No.2 fast-food chain, has announced it will raise prices for some of its popular products starting on Wednesday.

    [ FULL STORY ]


    Local digital camera makers to increase global market share

    By Jason Tan
    Thanks to increasing orders from Japanese digital camera makers such as Sony Corp, Taiwanese contract digital camera makers are set to make a bigger place for themselves in the global production chain.

    [ FULL STORY ]


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