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Chen found not guilty in bribery trial

Citing insufficient proof, the Taiwan District Court yesterday acquitted former president Chen Shui-bian (陳水扁) and his wife, Wu Shu-jen (吳淑珍), of charges that they laundered money and took bribes from bankers in exchange for help manipulating bank mergers.

Nineteen co-defendants were also cleared of charges of money laundering, breach of trust and insider trading because of a lack of proof, Judge Chou Chan-chun (周占春) said yesterday afternoon.

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Republican win good for Taiwan: FAPA

Major Republican victories in the US midterm elections could leave Taiwan in a strong political position on Capitol Hill, a Taiwan lobby organization said.

With Republicans capturing 60 seats to take control of the House of Representatives and the Democrats managing to hang on to the Senate by a narrow majority, power is now divided in Washington. As a result, Taiwan’s supporters in Congress are expected to have increased freedom to speak out on controversial issues, such as arms sales, free trade and a place for Taiwan within international organizations.

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Newsflash


Slovakian Second State Secretary of the Ministry of Economy Karol Galek addresses the opening of the Taiwanese-Slovak Commission on Economic Cooperation meeting in Taipei yesterday.
Photo: Tien Yu-hua, Taipei Times

Taiwan and Slovakia are headed for closer trade relations, Slovak Second State Secretary of the Ministry of Economy Karol Galek said yesterday at the Taiwanese-Slovak Commission on Economic Cooperation meeting in Taipei.

Taiwan and Slovakia’s cooperation during the COVID-19 pandemic proves the countries’ ability to work together as equal partners “in good times and the bad,” and Slovakia is ready to work with Taiwan as “small but open economies” to “find our place in an ever-changing global economy,” Galek said.