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Taiwanese faces US smuggling charges

A 40-year-old Taiwanese has been charged with illegally smuggling US-made military items to Iran for use in its missile program.

Chen Yi-lan, also known as Kevin Chen, was arrested in Guam and is now on his way to Miami, Florida, for trial.

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Obama promises tougher stance on trade with China

US President Barack Obama promised on Wednesday to get tougher with China on enforcing trade rules, stepping up the tone amid rising friction between the two powers over Taiwan and Tibet.

Obama also hinted that he would take Beijing to task over the strength of its yuan currency, responding to growing restlessness in the US Congress over Chinese monetary policy as the US economy charts an uncertain recovery.

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Newsflash

Prosecutors in charge of investigating former president Chen Shui-bian’s (陳水扁) corruption and money laundering cases apologized yesterday to former first lady Wu Shu-jen (吳淑珍) for saying the family still had NT$50 million (NT$1.6 million) in active bank accounts.

“The prosecution apologizes to [Wu] for mistakenly saying that the total amount the Chen family holds in [active] checking deposits is [NT$]50 million, when in fact the amount is a little more than [NT$]5 million,” said Chen Yun-nan (陳雲南), spokesperson for the Supreme Prosecutor’s Office’s Special Investigative Panel (SIP).