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Thousands protest Chen's detention

Former president Chen Shui-bian’s (陳水扁) mother yesterday said at a protest against his detention that she was saddened by the fact that for the past two years her son has been unable to call her on Mother’s Day.

Chen Lee Shen (陳李慎) came to Taipei from Tainan to join a sit-in rally on Jinan Road calling for Chen’s release that was organized by various pro-localization groups, including some Democratic Progressive Party officials from southern Taiwan.

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China could ‘crash’ this year, top investor warns

Investor Marc Faber said China’s economy will slow and possibly “crash” within a year as declines in stock and commodity prices signal the nation’s property bubble is set to burst.

The Shanghai Composite Index has failed to regain last year’s high while industrial commodities and shares of Australian resource exporters are acting “heavy,” Faber said. The opening of the World Expo in Shanghai last week is “not a particularly good omen,” he said, citing a property bust and depression that followed the 1873 World Exhibition in Vienna.

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Newsflash


Protesters hold placards outside the Changhua District Court yesterday to urge the public to take food safety seriously and stop purchasing Ting Hsin International Group food products.
Photo: Chen Kuan-pei, Taipei Times

Defendants in an adulterated cooking oil case that shook the nation last year, including former Ting Hsin International Group (頂新集團) executive Wei Ying-chun (魏應充), were found not guilty of breaching the Act Governing Food Safety and Sanitation (食品安全衛生管理法) by the Changhua District Court yesterday.