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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

Although Taiwan and China have both been left out of the world’s largest naval exercise hosted by the US, the reasons for their exclusion are very different, a Ministry of Foreign Affairs spokesperson said yesterday.

The biennial Rim of the Pacific (RIMPAC) maritime military exercises under way in Hawaii are the largest since their inception in 1971, with 22 countries, from Japan to Tonga and from Russia to Chile, participating in a five-week series of drills.