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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


US Senator Josh Hawley speaks at a US Senate Judiciary Committee hearing on Capitol Hill in Washington on May 12.
Photo: Reuters

US Senator Josh Hawley on Thursday introduced a draft Taiwan Defense Act, which would require the Pentagon to maintain the capability to defeat a Chinese invasion of Taiwan, while continuing to fulfill its obligations under the US’ Taiwan Relations Act (TRA).