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Taipei inks financial MOU with China

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.

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Foreign academics urge Ma to seek public consensus

President Ma Ying-jeou (馬英九) must seek public consensus on the development of cross-strait ties as Taipei-Beijing relations spread into more political areas, some European experts on cross-strait affairs said in interviews with the Taipei Times.

Dafydd Fell, senior lecturer of the department of political and international studies at the School of Oriental and African Studies (SOAS), University of London, said Ma needs to be very cautious on the pace of liberalizing cross-strait relations.

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Newsflash


Police, fire department personnel and bystanders assist the injured in the aftermath of a bomb blast near the Boston Marathon finish line on Boylston Street in Boston, Massachusetts, on Monday.
Photo: EPA / Stuart Cahill, The Boston Herald

The FBI’s investigation into the bombings at the Boston Marathon was in full swing yesterday, with authorities serving a warrant on a suburban Boston home and appealing for any private video, audio and still images of the blasts that killed three people and wounded more than 140.

Officials said no one had claimed responsibility for the bombings on one of the city’s most famous civic holidays, Patriots’ Day, but the blasts that left the streets spattered with blood and glass raised fears of a terrorist attack.