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Ma hails ‘Taiwan Province’-Texas ties

President Ma Ying-jeou (馬英九) referred to Taiwan as a “province” yesterday while describing the sister-state relationship between Taiwan and Texas, rekindling the controversial issue of his perception of Taiwan’s status.

Ma told Texas Governor Rick Perry during a meeting at the Presidential Office that the country’s relationship with Texas was a close one.

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High Court extends former president’s period of custody

The Taiwan High Court yesterday extended former president Chen Shui-bian’s (陳水扁) detention by two months on the grounds that he may flee the country if released.

The ruling dashed his family’s hopes that Chen, whose current detention order expires on Wednesday, would be released following their request to Swiss banking authorities that money be sent to a bank account designated by the Special Investigation Panel (SIP) of the Supreme Prosecutors’ Office. Taiwan High Court judge Teng Chen-chiu (鄧振球) has previously said the move could enhance the chances of the former president being released.

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Newsflash

The nation’s financial regulator unexpectedly signed a financial memorandum of understanding (MOU) with Beijing at 6pm via a document exchange yesterday, sealing the much awaited pact.

Financial Supervisory Commission (FSC) chairman Sean Chen (陳冲) announced in the evening that he represented Taiwan in signing the documents — one in traditional Chinese and one in simplified Chinese — with Chinese authorities through a document exchange at 6pm.