HELP: The Financial Supervisory Commission assured the public that the nation’s deposit insurer has enough capital to bail out defaulting banks should the need arise
By Joyce Huang And Shih Hsiu-Chuan
Premier Liu Chao-shiuan (劉兆玄) said yesterday that the government would provide a blanket guarantee for all depositors’ savings in state-owned or private banks. This followed the announcement by the financial regulator of a NT$3 million (US$90,000) threshold a day earlier.

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World stock markets stabilized yesterday despite further banking woes across Europe, as Asia pulled back from the brink on hopes of cuts to global interest rates, dealers said.

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VINDICATED: Only recently have scientists been able to confirm explanations put forward by two of the Nobel prize winners way back in 1972
Two Japanese and a Japanese-born American have won the Nobel Prize in physics for discoveries in the world of subatomic physics, the Royal Swedish Academy of Sciences announced yesterday.

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By Shelley Shan
Cellphone manufacturers may soon be asked to clearly label the specific absorption rate (SAR) of phones as a guide to potential health risks, the National Communications Commission (NCC) said yesterday.

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By Shih Hsiu-Chuan
Wearing surgical masks and displaying banners on the legislative floor, Democratic Progressive Party (DPP) legislators yesterday urged the government to disclose its intelligence and demand answers from Beijing, a day after National Security Bureau (NSB) Director Tsai Chao-ming (蔡朝明) accused China of starting the global SARS epidemic six years ago as part of a biological warfare campaign.

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