Taiwan Tati Cultural and Educational Foundation

The turbulence surrounding Mega International Commercial Bank and the hefty fine levied on its New York branch has been going on for almost a month. The most recent explanation offered for the incident is that it was a “typographical error.”

The Executive Yuan’s task force overseeing the Mega Bank case has revealed that credit transactions between the bank’s Panama and New York branches in 2014 reached a total of US$491 million, but the report from the New York branch to the New York Department of Financial Services stated that the amount was mistakenly given as US$4.491 billion, and that this resulted in a misunderstanding.

Bronze zodiac sculptures donated by Hong Kong actor Jackie Chan are on display outside the National Palace Museum Southern Branch in Chiayi County on March 1.
Photo: Chang Chia-ming, Taipei Times

The National Palace Museum is to remove replicas of artwork donated by Hong Kong actor Jackie Chan (成龍) amid controversy over Chinese attempts at “cultural unification,” museum Director Lin Jeng-yi (林正儀) said at the Legislative Yuan in Taipei yesterday.