Natural gas prices in Taiwan should be cut further:
Natural gas prices in Taiwan should be cut further even after a 2.99 percent drop announced earlier this week by the the state-run petroleum refiner, CPC Corp. Taiwan, the Consumers' Foundation suggested Friday.
Taiwan yesterday cut interest rates by 12.5bp in a radical policy reversal that signals the threat that the global financial crisis will further stifle growth in Asia's fifth-largest economy.