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Former VP Lu challenges Cairo Declaration validity


Former vice president Annette Lu talks to the media in Taipei yesterday.
Photo: CNA

Former vice president Annette Lu (呂秀蓮) yesterday questioned Taiwan’s retrocession, challenging the validity of the Cairo Declaration, and warned of Beijing’s “soft unification” strategy, while calling President Tsai Ing-wen’s (蔡英文) cross-strait policy evasive.

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Two local banks failed US financial exams, Koo says


Financial Supervisory Commission Chairman Wellington Koo, left, answers questions from lawmakers on the Finance Committee at the Legislative Yuan in Taipei yesterday.
Photo: CNA

There is no guarantee that Hua Nan Commercial Bank (華南銀行) will be able to avoid being fined by US regulators for the failure of its New York branch to comply with US regulations on money laundering, Financial Supervisory Commission (FSC) Chairman Wellington Koo (顧立雄) said yesterday.

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Newsflash

China said yesterday it had put to death nine people over deadly ethnic unrest in Xinjiang, the first executions since the violence erupted in July.

Authorities convicted 21 defendants last month — nine were sentenced to death, three were given the death penalty with a two-year reprieve, a sentence usually commuted to life in jail, and the rest were handed various prison terms.