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Chen, attorneys dispute the validity of key evidence

In a pre-trial hearing at the Taiwan High Court yesterday, former president Chen Shui-bian (陳水扁) and his attorneys said certain key evidence and witness statements should not be admissible in court.

Chen and his attorneys appeared at the appeals court where judges are reviewing the guilty verdicts the Taipei District Court handed the former president, his family members, former government officials and other co-defendants.

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Fears spread through world markets over Dubai debt

Investors recoiled from risky assets yesterday and dumped shares in Asian banks and builders, fearing a Dubai debt default could reignite the financial turmoil of the credit crisis.

Stocks from Tokyo to Mumbai were haunted by suspicion of lenders’ exposure to Dubai firms that built islands in the Gulf, planned cities from Pakistan to Africa and fashioned the financial hub of the world’s biggest oil exporting region.

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Newsflash

Media activists yesterday urged the government to intervene to prevent politics from reaching into the press and controlling freedom of speech, saying that this freedom and the liberal media the nation has enjoyed over the past decades may be put at risk if Chinese capital gained control of the media.

The calls came amid reports that China Trust Charity Foundation chairman Jeffrey Koo Jr (辜仲諒) has asked Formosa Plastics Group (台塑集團) chairman William Wong (王文淵) and a Singapore-based equity fund to join him in buying Next Media Group’s (壹傳媒集團) four Taiwanese outlets: the Apple Daily, Next TV, Next Magazine and the Sharp Daily.