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Ting Hsin loan extension denied

By Crystal Hsu

The creditor banks of food-scandal-plagued Ting Hsin International Group’s (頂新國際集團) affiliated developer yesterday decided not to extend a syndicated loan of NT$6.5 billion (US$204.73 million) and demanded full debt repayments within three days. The move put extra liquidity pressure on the food conglomerate, as it owesFULL STORY

Taipei military complex opened

By Jason Pan and Lii Wen

The new Ministry of National Defense headquarters complex was officially opened yesterday in Taipei’s Dazhi area (大直), touted by senior military figures and government officials as having state-of-the-art security installations and adopting a “green building concept.” The main building consists of eight floors, along with severalFULL STORY

Hippo looks ‘better’ after fall from truck and tumble in crate

By Sean Lin

Veterinarians yesterday met in Greater Taichung’s Dajia District (大甲) to provide their expertise on treatment and care for a hippopotamus kept by Sky Zoo (天馬牧場) after the animal on Friday suffered injuries having broken loose from a moving truck while being transported from Miaoli CountyFULL STORY

Mourners gather in New York for slain policeman

Police officers in dress uniform and other mourners joined a somber, four-block line outside a New York City church on Friday for the wake of one of two officers shot by a man who said he was avenging the killing of unarmed black men byFULL STORY

Russia says NATO main military threat

The Kremlin on Friday branded the expansion of NATO as a fundamental threat to Russia in a revised military doctrine that dramatically reflects deteriorating relations with the West. The new document, approved by Russian President Vladimir Putin, decries the “reinforcement of NATO’s offensive capacities directly onFULL STORY

Clara Chou delivers case against Ma to prosecutors2014-12-27

By Jason Pan

Media personality Clara Chou (周玉蔻) yesterday gave her testimony and made more allegations as she went to the Special Investigation Division (SID) of the Supreme Prosecutors’ Office to provide evidence to back her accusation that President Ma Ying-jeou (馬英九) had received a large sum ofFULL STORY

DPP’s Tsai blasts non-conforming councilors2014-12-27

By Loa Iok-sin

Democratic Progressive Party (DPP) Chairperson Tsai Ing-wen (蔡英文) yesterday lashed out at party councilors who did not vote along party lines in elections for local council speakers, calling them “a shame to democracy,” while apologizing to the party’s supporters. “Those [councilors] who sold their votes forFULL STORY

Legislature delays tax law2014-12-27

By Alison Hsiao

A proposal to introduce additional taxation on security transactions originally scheduled to begin next year was put off for three years after an amendment to the Income Tax Act (所得稅法) passed the legislature yesterday without any objections. With the so-called “active trader clause” in the amendment,FULL STORY

Speedboat attack kills at least 22 Libyan soldiers2014-12-27

Militants killed at least 22 soldiers on Thursday after a surprise attack in which they used speedboats in a failed bid to seize some of Libya’s main oil terminals, officials said. The fighting in the oil-rich region came as pro-government forces lost ground to Muslim militiasFULL STORY

S Korea, US, Japan to ink N Korea deal2014-12-27

South Korea, the US and Japan will sign their first-ever trilateral intelligence-sharing pact next week to better cope with North Korea’s increasing nuclear and missile threats, Seoul officials said yesterday. The US has separate, bilateral intelligence-sharing agreements with South Korea and Japan, both US allies thatFULL STORY

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