Taiwan central bank maintains rates, warns growth may slow

Taipei

TAIWAN'S central bank left its policy rate unchanged on Thursday, as widely expected, with robust tech exports providing a strong anchor for the economy and inflation remaining subdued.

The move underscored policymakers' concerns that the island's trade-driven growth momentum may cool later this year, even though exports and orders have so far been resilient due to strong demand for components used in Apple Inc's upcoming iPhone 8 and other tech gadgets.