Stock market to open to Chinese firms
RULES:
To address concerns over potential problems caused by Chinese investment in the stock market, the FSC said it would impose some restrictions on companies
By Shih Hsiu-chuan and Joyce Huang The government yesterday opened the stock and futures markets to Qualified Domestic Institutional Investors (QDII) from China, approving investment of up to 3 percent of a QDII¡¦s net worth or a maximum of NT$7.2 billion (US$214.56 million).
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Yeh Sheng-mao sentenced to 10 years in prison
By Jimmy Chuang The Taipei District Court yesterday sentenced former Bureau of Investigation director-general Yeh Sheng-mao (¸²±Z) to 10 years in prison for withholding information related to the former first family¡¦s alleged money laundering activities and a separate charge of leaking confidential information.
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Cabinet proposes altering Assembly and Parade Law
By Shih Hsiu-chuan The government yesterday answered a long-standing call by activists to scrap police powers to grant or deny protest permits, but offered the police instead new powers to bar or alter demonstration plans in certain cases.
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Child bomber network uncovered
A raid on a major al-Qaeda hideout north of Baghdad uncovered evidence of a network of child suicide bombers who have been coerced into launching attacks across Iraq.
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China pressures Sarkozy not to meet Dalai Lama
China sent another strong warning to France yesterday, hinting that a planned meeting between French President Nicolas Sarkozy and the Dalai Lama could have a broad effect on ties between the two countries.
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