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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


A mobile Tien Chien II medium-range missile launcher is displayed at Taipei Aerospace and Defense Technology Exhibition at the Taipei World Trade Center on August 17, 2017.
Photo: Fang Pin-chao, Taipei Times

The US-Taiwan Defense Industry Conference is to be held in Taiwan for the first time, a senior official involved in the conference said, adding that as a result of the US’ Taiwan Travel Act — which is yet to be passed — that would remove restrictions on visits by high-level US officials, the likelihood of important US government officials attending is very high.