ANTICIPATION: Apple shares rose 5.7 percent in New York on speculation that new versions of its media player are under way and the iTunes store may sell Beatles music
Inventec Appliances Corp (英華達) shares posted the biggest two-day gain in almost a year on speculation the electronics supplier will win orders to assemble new versions of the iPod that may be unveiled next week.

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IN SYNCH: The FTC set up a task force on July 19 to monitor the companies' simultaneous increases in fresh milk prices after the media reported on the issue
By Jason Tan
The Fair Trade Commission (FTC) yesterday slapped a NT$11.5 million (US$0.35 million) fine on three dairy producers for unreasonably price hikes.

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By Kevin Chen
The Financial Supervisory Com-mission yesterday fined Mass Mutual Mercuries Life Ltd (三商美邦人壽) NT$2.4 million (US$72,600) for inappropriate product marketing and improper management.

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By Jason Tan
The nation's largest car dealer, Hotai Motor Co (和泰汽車), yesterday posted an increase in earnings during the first six months as a result of its new automobile models.

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By Lisa Wang
Chunghwa Telecom Co (中華電信), the nation's largest telecom operator, yesterday predicted revenues in the second half would be 5 percent higher than its previous projection.

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TARGETING CORPORATES: The company estimated sales of smartphones at approximately 1 million per year, with approximately 20 percent to businesses
NTT DoCoMo Inc, Japan's biggest mobile phone company, will sell smartphones made by Fujitsu Ltd and High Tech Computer Corp (HTC, 宏達電子) to attract business users.

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Fujitsu Ltd said yesterday it won a lawsuit against Nanya Technology Co (南亞科技) for infringing semiconductor patents.

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EVA Airways Corp (長榮航空), the nation's second-largest carrier, posted a wider first half loss because of a slump in demand for air cargo.

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By Kevin Chen
The non-performing loan ratio of credit card lending continued to decrease to 2.32 percent last month, down 0.04 percentage points from a month ago and 0.6 percentage points lower from a year earlier, statistics released by the Financial Supervisory Commission yesterday showed.

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Optimism pushes shares higher

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