News
Inflation precaution
2+ hour, 55+ min ago (375+ words) Inflation precaution'Taipei Times - All Front Page Taiwan News Business Editorial & Opinion Sports World News Features Bilingual Pages A man walks past real-estate advertisements outside a house in Taipei yesterday. The central bank yesterday said it plans to establish an "Inflation-at-Risk…...
ECB to consider hiking interest rates
4+ day, 2+ hour ago (501+ words) The European Central Bank (ECB) would need to consider hiking interest rates as soon as next month if price pressures build further due to the Iran war, ECB Governing Council member Joachim Nagel said yesterday. "As things currently stand, it…...
Interest rates likely to stay same: analysts
1+ week, 1+ day ago (540+ words) The central bank is expected to leave its key interest rates unchanged for the ninth consecutive quarter due to the ongoing war in the Middle East, economists said, ahead of the bank's upcoming policymaking meeting slated for Thursday. Amid the…...
Cathay revises upward its GDP forecast to 5.8 percent
1+ week, 1+ day ago (377+ words) Cathay Financial Holding Co () yesterday adjusted upward its forecast for the nation's GDP growth this year from 3 percent to 5.8 percent, citing robust growth momentum seen so far this year, driven by artificial intelligence (AI)-related exports and investment demand. As…...
War could drive up inflation: DGBAS
1+ week, 1+ day ago (440+ words) Taiwan's inflation could exceed 2 percent this year if oil prices continue to surge amid escalating tensions in the Middle East, prompting the government to reassess its economic outlook, the Directorate-General of Budget, Accounting and Statistics (DGBAS) said yesterday. DGBAS Minister…...
Over 3,800 workers on unpaid leave programs: labor ministry
1+ week, 2+ day ago (331+ words) The number of workers placed on formal unpaid leave programs in the first half of this month stood at about 3,800, with more than 70 percent affected by US tariffs on Taiwanese exports, the Ministry of Labor today said. A total of…...
Japan, South Korea share volatile currency concerns
1+ week, 2+ day ago (381+ words) Japan and South Korea expressed concern on Saturday about rapid declines in their currencies, saying they were ready to act against excessive foreign-exchange volatility. Japanese Minister of Finance Satsuki Katayama and South Korean Minister of Economy and Finance Koo Yun-cheol…...
Trump’s war jolts global central banks
1+ week, 2+ day ago (702+ words) Central banks from Washington to London and from Jakarta to Taipei are about to make their first assessments of economic damage after more than two weeks of conflict between the US and Iran. Decisions this week encompassing every member of…...
Manufacturing growth hits five months
1+ week, 4+ day ago (491+ words) Taiwan's manufacturing sector expanded for a fifth consecutive month last month, with growth accelerating to the fastest pace in nearly four years despite fewer working days due to the Lunar New Year holiday, the Chung-Hua Institution for Economic Research (CIER,…...
NDC shows more economic growth
2+ week, 1+ day ago (450+ words) The overall monitoring indicator for the business cycle showed a "red" growth signal for a second straight month in January, with the overall economy maintaining positive momentum, the National Development Council (NDC) said yesterday. The council measures the nation's economic…...