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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

Lobsang Lozin in an undated photo. (Photo/Kirti Monastery)

DHARAMSHALA, July 17: A teenage Tibetan monk set himself on fire today in an apparent protest against the Chinese government in the beleaguered region of Ngaba, eastern Tibet.

Lobsang Lozin, 18, set himself on fire at around 12 noon near his monastery’s main prayer hall and began walking towards the local Chinese office in flames before falling down.