INTEREST RATES: Lehman Brothers said the central bank would keep rates unchanged to aid GDP growth, but Citigroup said the bank would raise rates to fend off inflation
By Lisa Wang
As fears over the effect of the US' subprime mortgage problems continue to haunt global markets, focus has shifted to the central bank's likely action during its quarterly meeting next month, with analysts split on whether the bank is likely to raise or maintain current rates.

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By Jason Tan
With a new lineup of models in the pipeline, Samsung Electronics Taiwan Co expects sales of liquid-crystal-display (LCD) televisions in Taiwan to triple this year, a company executive said yesterday.

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TOUGH TIMES AHEAD: The domestic carrier said that its cash flow would be affected by the loss of one aircraft and bookings may fall before public confidence is restored
By Jessie Ho
China Airlines Ltd (中華航空), the nation's largest carrier, is bracing for a financial loss after fire consumed a Boeing 737-800 passenger jet shortly after it landed at Naha Airport in Okinawa on Monday, a company official said yesterday.

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By Jessie Ho
Astro Corp (泰偉電子), a manufacturer of gaming printed circuit boards (PCBs) and reel slot machines, announced on Monday that it would invest in a US$3 million joint venture (JV) with a Chinese lottery consulting firm to tap into the Chinese market.

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Fitch Ratings Inc may lower its growth forecasts for some Asian countries in the face of a possible slowdown in the US economy, a top executive at the rating agency said yesterday.

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By Lisa Wang
Qualcomm Inc, a mobile phone chipmaker, is considering forming strategic partnerships with local companies to deliver television programs on wireless devices in Taiwan next year, a company executive said yesterday in Taipei.

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BLAME GAME: Demands from Western companies for lower prices are contributing to lower product and working condition quality, China Labor Watch said
Walt Disney Co and Sanrio Co are among companies whose demands for lower prices from Chinese toy suppliers contribute to low product quality, according to New York-based advocacy group China Labor Watch.

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China's central bank announced yesterday it would raise interest rates for the fourth time this year in an effort to curb inflation that last month climbed to its highest level in over a decade.

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Shares closed 0.43 percent weaker in choppy trade yesterday as investors turned cautious towards the close and locked in profits in the wake of recent sharp gains, dealers said.

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Potential Mega losses limited

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