Taiwan Tati Cultural and Educational Foundation

 
  • Increase font size
  • Default font size
  • Decrease font size
Home The News News

News

Google threatens to quit China

Internet giant Google Inc on Tuesday made a shock threat to quit China, the world’s biggest Internet market by number of users, after hackers accessed human rights activists’ e-mail accounts.

“These attacks and the surveillance they have uncovered — combined with attempts over the past year to further limit free speech on the Web — have led us to conclude that we should review the feasibility of our business operations in China,” Google chief legal officer David Drummond said in a statement.

Read more...
 
 

PRC surprises with early increase in bank reserve ratio

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.

Read more...
 


Page 1357 of 1495

Newsflash


Democratic Progressive Party (DPP) Legislator Chen Chi-mai and lawyers Wellington Koo and Lien Yuan-long, right to left, speaking in Taipei yesterday, announce former DPP chairperson Tsai Ing-wen’s lawsuit against Vice President Wu Den-yih and former Council for Economic Planning and Development Minister Christina Liu over the Yu Chang case.
Photo: Wang Min-wei, Taipei Times

Former Democratic Progressive Party (DPP) chairperson Tsai Ing-wen (蔡英文) yesterday filed a lawsuit against Vice President Wu Den-yih (吳敦義) and former Council of Economic Planning and Development minister Christina Liu (劉憶如) over the pair’s allegations during the presidential election campaign that Tsai had played an improper role in the formation of a biotechnology company.

Tsai filed the lawsuit with the Supreme Prosecutors’ Office Special Investigation Division (SID) against Wu, who is currently visiting Central America, and Liu for violations of the Presidential and Vice Presidential Election and Recall Act (總統副總統選舉罷免法), accusing them of spreading rumors or false statements for the purpose of impeding a candidate’s election chances, Tsai’s lawyers Wellington Koo (顧立雄) and Lien Yuan-long (連元龍) told a press conference.