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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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Page 530 of 1495

Newsflash

The The Mainland Affairs Council (MAC) yesterday urged the public not to use People’s Republic of China (PRC) passports because it puts them at risk of losing the rights and benefits they have as Republic of China (ROC) citizens.

The council statement followed a report by Hong Kong-based Super Media on Friday that China might launch a pilot program to issue passports for people living in what it describes as the “Taiwan Special Administrative Region” (SAR) as part of its efforts to “solve the Taiwan problem.”