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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

Taiwan would confront the destabilizing forces working against democracies while strengthening cooperation with democratic nations, President Tsai Ing-wen (蔡英文) said in Taipei yesterday at an event marking the 20th anniversary of the state-financed Taiwan Foundation for Democracy.

Democratic nations and the rules-based international community are confronting their “greatest challenge” since the Cold War, Tsai said.

Authoritarian regimes are mounting an effort to “corrode our democratic institutions and undermine human rights” in a bid to spread societal distrust and weaken public confidence in democracy, she said.