TACKLING INFLATION: Governor Perng Fai-nan said rates were closer to the bank's targeted `neutral rate,' although he would not say if another rate hike was a possibility
By Joyce Huang
The central bank raised its benchmark interest rates for the 15th straight quarter yesterday in a bid to curb inflationary risks caused by soaring energy and raw material costs.

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By Lisa Wang
Chunghwa Telecom Co (中華電信), the nation's biggest telecom operator, yesterday said foreign losses could widen on a stronger local currency, stemming from a foreign exchange derivatives contract, but it did not plan to wrap up the agreement anytime soon.

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SIX-MONTH VIEW: The institute said stable growth was expected in consumption, foreign trade and private investment, while the near future could bring a boom
By Joyce Huang
The Taiwan Institute for Economic Research (TIER, 台經院) said yesterday that its business climate survey for last month revealed increasing neutral sentiment among manufacturers and service providers. Just over 52 percent of respondents expressed a neutral view on the nation's economic performance in the next six months, up from 36.1 percent in January.

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By Jerry Lin
The consumer confidence index (CCI) rose 4.77 points to 67.86 points this month from last month on post-election optimism, a local researcher said yesterday.

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By Jerry Lin
While the number of visitors were fewer than expected on the first day of the annual Softex Computer Show, exhibitors said they were still upbeat about sales for the show.

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PULLBACK: A currency trader said the NT dollar faced short-term correction pressure as its nearly 7 percent rise this year had exceeded the central bank's tolerance level
By Kevin Chen
The New Taiwan dollar retreated from a more than 10-year intraday high yesterday, ahead of the central bank's quarterly policymaking meeting.

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By Kevin Chen
International rating agency Moody's Investors Service said yesterday it saw no immediate rating implications for Taiwan following the Chinese Nationalist Party's (KMT) victory in Saturday's presidential election.

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Metro-Goldwyn-Mayer Inc (MGM) has reached an agreement with one of Abu Dhabi's largest real estate developers for an entertainment destination likely to cost billions of dollars, the Hollywood studio said.

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Shares dip on export concerns

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