CABINET ORDER: The state oil refiner said that with global oil prices soaring, it had racked up NT$13 billion in losses since November, the last time it increased prices
By Jerry Lin
State-run CPC Corp, Taiwan (CPC, 台灣中油) said yesterday that wholesale fuel prices would remain unchanged next month following a Cabinet decision late on Wednesday to continue freezing prices.

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By Jerry Lin
Carrefour Taiwan (家樂福) said it was under increasing pressure to raise product prices because of soaring raw material and commodity prices.

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CONTRASTING VIEWS: While Citigroup touted Gintech's and Motech's growth prospects, Taiwan Ratings said aggressive expansion had led to key material shortages
By Kevin Chen
With the demand for solar cells surging in the wake of soaring oil prices, photovoltaic (PV) cell makers have become one of the hottest traded stocks on the local bourse. Analyst view on the sector's prospects vary, however, with Gintech Energy Corp (昱晶) and Motech Industries Inc (茂迪) garnering "buy" ratings from Citigroup, while Taiwan Ratings Agency warned of the credit risks facing the sector.

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The New Taiwan dollar may extend its advance to more than a seven-year high of NT$30.26 against the US dollar after rising above NT$31.27 this week, said Kevin Edgeley, a technical analyst at Goldman Sachs Group yesterday.

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The free trade agreement (FTA) between Taiwan and El Salvador is set to take effect tomorrow, Ministry of Economic Affairs officials said yesterday.

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ARTIFICIAL INTELLIGENCE: The challenge is to identify odors while filtering out other smells so the computer is designed to mimic the way the brain learns through experience
A Silicon Valley startup is betting a computer can have a better sense of smell than a dog.

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POWER CUT: The Climate Savers Computing Initiative will be launching its European campaign at CeBIT and is planning similar moves in Asia later this year
While computers alone are not being blamed for global warming, the phenomenal amounts of electricity used by some big computer centers are prompting a rethink about reducing waste.

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Acer gets green light from EU

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