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PRC surprises with early increase in bank reserve ratio

Wednesday, 13 January 2010 08:12 Taipei Times

China yesterday raised the proportion of deposits that banks must hold in reserve in the clearest sign yet that it has started to tighten monetary policy with its economy roaring back to the brink of overheating.

The 0.5 percentage point increase in the reserve requirement ratio (RRR) will take effect on Monday and will apply to all banks apart from rural credit cooperatives, the People’s Bank of China said on its Web site.

Smell of burning causes evacuation of Taipei MRT train

Tuesday, 12 January 2010 07:50 Taipei Times

Around 250 passengers aboard a northbound train on Taipei’s Wenshan-Neihu MRT line were evacuated yesterday after staff at Nanjing East Road station detected a burning odor coming from cars.

The incident occurred at 8:29am when the train was at Nanjing East Road station.

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228 Tâi-uân-sîn

We're 228 Followers

2015-12-26 Taiwanese Shrine Initation & Marytr-Spirit Enshrine Ceremony

2014-02-28 228 Tâi-uân-sîn(Taiwan gods) Thanksgiving Blessing Assembly and Trong R. Chai Tâi-uân-sîn Thanksgiving Praying Ceremony

2013-08-18 Holy Mountain Holiness Birthday and Tâi-uân-sîn Lin Mao-sheng Statue's Placement Ceremony

2013-02-28 228 Tâi-uân-sîn Thanksgiving Prayer Assembly - Realized the Determination of Founding Taiwan State with Democratic Power

228 Memorial and Bian Casters Gathering on Feb. 28th, 2010

Newsflash

A total of 108 people — including 33 victims of the 228 Massacre and 75 family members — yesterday filed a lawsuit against the Chinese Nationalist Party (KMT), demanding it apologize for the massacre and compensate them for their hardship.

“Nearly 63 years have passed, still the KMT has never shown any intention to take responsibility and apologize to victims and their families,” Yang Chen-lung (楊振隆), whose uncle was killed by KMT troops, told a press conference at the 228 Memorial Park in Taipei.