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Abe voices ‘utmost grief’ for war


People in Tokyo yesterday watch Japanese Prime Minister Shinzo Abe on a screen as he gives a statement marking the 70th anniversary of the end of World War II.
Photo: Reuters

Japanese Prime Minister Shinzo Abe yesterday expressed “utmost grief” for the suffering Japan inflicted in World War II and vowed that Japan would never again use force to settle international disputes, but he said that future generations of Japanese should not have to keep apologizing for the mistakes of the past.

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Coast Guard rescues three from Chinese fishermen


Coast guard officers yesterday escort crew members of a Chinese fishing vessel for questioning at the Coast Guard Administration Maritime Patrol headquarters in New Taipei City’s Tamsui after an operation boarding the Chinese fishing vessel No. 7666.
Photo: Huang Chieh, Taipei Times

Eight Chinese fishermen were apprehended and taken in for questioning yesterday after the Coast Guard Administration (CGA) mounted a commando-style operation to rescue three of its officers the fishermen had allegedly taken hostage in the Taiwan Strait.

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Newsflash

China yesterday raised the proportion of deposits that banks must hold in reserve in the clearest sign yet that it has started to tighten monetary policy with its economy roaring back to the brink of overheating.

The 0.5 percentage point increase in the reserve requirement ratio (RRR) will take effect on Monday and will apply to all banks apart from rural credit cooperatives, the People’s Bank of China said on its Web site.