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Ministry rejects KMT bond payment


Chinese Nationalist Party (KMT) Administration and Management Committee director-general Chiu Da-chan speaks at a news conference in Taipei yesterday.
Photo: CNA

The Ministry of Finance yesterday rejected the Chinese Nationalist Party’s (KMT) offer to pay a NT$864.8 million (US$28.6 million) fine imposed by the Ill-gotten Party Assets Settlement Committee with US dollar-denominated bonds issued by the government in 1947.

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Presidential guard cut in sword attack


An injured military police officer is being taken to National Taiwan University Hospital after being attacked by a man wielding a samurai sword outside the Presidential Office Building yesterday.
Photo: Lee Hsin-fang, Taipei Times

A man wielding a Japanese sword yesterday slashed a military police officer guarding the Presidential Office Building, authorities said.

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Newsflash


Demonstrators take part in a protest against the government in Taipei yesterday. Workers hurled eggs at the Presidential Office as thousands took to the streets demanding that the government change economic policies which they say favor big business.
Photo: AFP, Mandy CHENG

Thousands of workers, students and social activists yesterday threw eggs toward the Presidential Office in Taipei during a protest about various economic and social issues, after launching five parades across the city.

“Fuck the government. It’s garbage,” thousands of demonstrators assembled on Ketagalan Boulevard chanted in unison as they moved toward the Presidential Office.

As they reached police barricades that stopped them about 300m away from the Presidential Office building itself, they began to throw eggs.