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Former VP Lu challenges Cairo Declaration validity


Former vice president Annette Lu talks to the media in Taipei yesterday.
Photo: CNA

Former vice president Annette Lu (呂秀蓮) yesterday questioned Taiwan’s retrocession, challenging the validity of the Cairo Declaration, and warned of Beijing’s “soft unification” strategy, while calling President Tsai Ing-wen’s (蔡英文) cross-strait policy evasive.

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Two local banks failed US financial exams, Koo says


Financial Supervisory Commission Chairman Wellington Koo, left, answers questions from lawmakers on the Finance Committee at the Legislative Yuan in Taipei yesterday.
Photo: CNA

There is no guarantee that Hua Nan Commercial Bank (華南銀行) will be able to avoid being fined by US regulators for the failure of its New York branch to comply with US regulations on money laundering, Financial Supervisory Commission (FSC) Chairman Wellington Koo (顧立雄) said yesterday.

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Page 87 of 248

Newsflash

US President Donald Trump’s administration is expected to announce new arms sales to Taiwan after his meeting with Chinese President Xi Jinping (習近平) scheduled for early next month in Florida, US media have reported.

An article published on Tuesday on the Washington Free Beacon Web site said that the Trump administration “is now preparing to provide more and better defensive arms to Taiwan,” citing administration officials familiar with internal discussion about the issue.