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    Hsieh supports rewriting Constitution

    INDEPENDENT: Frank Hsieh said that he was not against holding a referendum on unification with China as this would show the world that the nation is against it
    By Flora Wang
    Democratic Progressive Party (DPP) presidential candidate Frank Hsieh (謝長廷) said yesterday that writing a new constitution would not mean changing the "status quo" because Taiwan is already an independent country.

    [ FULL STORY ]


    Beijing displays `peace' troops on 80th anniversary

    PROPAGANDA: The pomp over the 80th anniversary of the PLA came with the standard signs of political machinations -- and a distracted Jiang Zemin
    China called its growing military strength a force for peace and Communist Party rule on the 80th anniversary of the People's Liberation Army (PLA) yesterday as a senior commander warned Taiwan against risking war.

    [ FULL STORY ]


    TAIEX posts sharpest drop in three years

    The nation's benchmark index suffered its biggest decline in more than three years as fresh Wall Street concerns over the US home loan market sent the region tumbling, dealers said.

    [ FULL STORY ]


    Cabinet unveils education subsidies

    STUDY HELP: The program covers free education for preschoolers and an annual subsidy of NT$20,000 to NT$34,000 for high school to college-level students
    By Jimmy Chuang
    The Cabinet has approved plans that would see 658,000 children from poor families across the nation receive help in their education.

    [ FULL STORY ]


    Murdoch seals deal to buy `Wall Street Journal' publisher

    Rupert Murdoch has sealed a deal to buy Wall Street Journal publisher Dow Jones & Co for US$5 billion, ending a century of family ownership and adding a new crown jewel to his global media empire, News Corp.

    [ FULL STORY ]


    Irritated US State Department delaying advanced arms sale to Taiwan: report

    By Charles Snyder
    A month after the Legislative Yuan broke a four-year deadlock over the purchase of a package of advanced US weapons, the US State Department is actively blocking the sale from going through to warn President Chen Shui-bian (陳水扁) against holding a referendum on Taiwan's entry into the UN, one of Washington's leading commentators on Taiwanese affairs said.

    [ FULL STORY ]


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