CONFIDENCE BUILDING: The countries committed to getting credit flowing more freely and to support banks’ efforts to raise money from public and private sources
Finance officials from the world’s top economic powers endorsed a plan on Friday to stem the worst financial crisis in more than a half-century.

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Taiwan’s banking sector presents the second-lowest risk after Saudi Arabia among key emerging markets around the world, a report released by Global Insight said.

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By Chung Li-Hua
A Democratic Progressive Party (DPP) legislator and a labor rights group yesterday accused President Ma Ying-jeou (馬英九) of breaking a campaign promise not to open the market to Chinese workers, after the Council of Agriculture began allowing Chinese fishermen to operate at a fishing port and announced plans to extend the measures.

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Dozens of bodies washed ashore in Yemen on Friday after smugglers threw nearly 150 migrants from Somalia overboard in shark-infested waters, the latest such tragedy in one of the most lawless stretches of ocean in the world.

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‘PERSONAL GAIN’: The investigator said the vice presidential candidate violated ethics legislation, but state lawmakers do not have the authority to sanction her
Republican vice presidential candidate Sarah Palin unlawfully abused her power as Alaska governor by trying to have her former brother-in-law fired as a state police officer, the chief investigator of an Alaska legislative panel concluded on Friday.

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