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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

South Dakota Democrat Tim Johnson, founding co-chairman of the Senate Taiwan Caucus, has introduced to the US Senate a resolution supporting Taiwan’s efforts to gain observer status at the International Civil Aviation Organization (ICAO).

The resolution states that observer status for Taiwan would contribute both to the fulfillment of the ICAO’s mission and to the success of its global strategy — based on international cooperation — to address aviation security threats.