Bloomberg News

TAIWAN DAYBOOK: Inflationary Pressure Eases; Formosa

October 03, 2011

(Corrects to say Formosa Petrochemicals reported loss in Equity Movers.)

Oct. 4 (Bloomberg) -- Global inflationary pressure is easing as the world economic recovery slows, Taiwan’s central bank said in a report released yesterday that Governor Perng Fai-nan will present to Parliament on Oct. 5.

The four biggest units of Formosa Plastics Group, Taiwan’s largest diversified company, posted third-quarter pretax earnings that missed analyst estimates after accidents reduced output.

--Editor: Joshua Fellman

To contact Bloomberg News staff for this story: Adela Lin in Taipei at

To contact the editor responsible for this story: Joshua Fellman at

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