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Lai urges justice ministry to investigate Wu Den-yih

Democratic Progressive Party (DPP) Legislator William Lai (賴清德) yesterday asked Minister of Justice Wang Ching-feng (王清峰) to launch a probe into whether Premier Wu Den-yih (吳敦義) has tried to influence next month’s Nantou County commissioner election through illegal means.

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Obama leaves on debut Asia trip, first stop Japan

US President Barack Obama left on his debut presidential tour of Asia yesterday, seeking to revive the US' prestige as a regional power, on a trip much heavier on symbolism than diplomatic substance.

Obama will take a precious week out of his bid to enact an ambitious domestic agenda to show the region and a rising China that Washington is no longer distracted by crises elsewhere.

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Newsflash

The central bank is pushing for curbs to be imposed on the amount of Chinese capital that can be placed in local stocks, hoping to stem the inflow of speculative funds, an official said yesterday.

The Financial Supervisory Commission, which has the authority to set limits on Chinese funds, has been approached by central bank officials eager to keep controls tight, said Lu Ting-chieh (盧廷劼), the commission’s chief secretary.