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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

President Ma Ying-jeou (馬英九) was evasive yesterday when asked if a planned economic cooperation framework agreement (ECFA) with Beijing would lead to a “one China market,” but said the pact would eventually establish “something similar to a free-trade area.”

The two sides of the Taiwan Strait would form such an area in the spirit of the WTO, which both countries belong to, Ma said in an interview with the Taipei Times.