Taiwan Central Bank Leaves Key Interest Rates Unchanged

Taiwan’s central bank held interest rates steady as cooling inflation and solid economic growth give it space to keep policy settings unchanged for now, the Wall Street Journal reported. The Central Bank of the Republic of China (Taiwan) kept its benchmark discount rate at 2.000% on Thursday, as expected in a poll of seven analysts by The Wall Street Journal. It maintained its secured loan rate and unsecured loan rate at 2.375% and 4.250%, respectively. The Taiwanese central bank attributed the decision to cooling inflation and a solid outlook on its economy.
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Taiwanese Insurers Are Selling Record Amounts of Riskier Debt

Life insurers in Taiwan are issuing an unprecedented amount of bonds that pose more risks to investors, as they rush to improve their finances before a deadline to shore up capital, Bloomberg News reported. Already in 2024, Taiwan’s seven major insurance firms have sold $2.4 billion of subordinated notes that put investors behind other debt holders for claims on assets in the event of any bankruptcy. That’s a record for the first half of a year, according to data compiled by Bloomberg.
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