Taiwan

Hu Jintao meets Taiwanese Olympic guests

Chinese President Hu JintaoBeijing - Chinese President Hu Jintao on Friday met two leading Taiwanese politicians in the latest sign of improving diplomatic ties across the Taiwan Strait.

Hu met separately with Lien Chan, the honorary chairman of Taiwan's ruling Kuomintang (KMT or Nationalist Party), and People First Party Chairman James Soong, both of whom were scheduled to attend the opening ceremony of the 2008 Olympics in Beijing later on Friday.

State media gave no details of any talks between Hu and Lien and Soong, and state media portrayed the meetings as "party to party" rather than diplomatic events.

Taiwan stocks rise 2.63 per cent on financial gains

Taiwan Stock ExchangeTaipei - Taiwan stocks ended 2.63 per cent higher on strong financial gains on Friday, despite Wall street's overnight fall, dealers said.

The Weighted Price Index of the Taiwan Stock Exchange opened flat as sentiment was dampened by Wall Street's sharp overnight fall, but started picking up by the mid-morning session and continued its upward trend to close at 7,209.04, up 184.46 points or 2.63 per cent.

Dealers said strong gains in the financial sector were one reason for the sharp rise in the local index.

TSMC's January-July revenues surge 22.3 per cent

TaipeiTaiwan Semiconduction Manufacturing Corp

Vietnam Airlines to sue passenger for opening emergency door

Vietnam Airlines to sue passenger for opening emergency doorHanoi - Vietnam Airlines has decided to sue a passenger who opened an airplane's emergency door at an airport in Taiwan this month, a company official said Friday.

The passenger, Le Van Hanh, 26, of Vietnam, would face charges of serious violation of aviation safety regulations, airline spokesman Trinh Ngoc Thanh said.

Pak consulate staffer accused of aiding Taliban to weaken Afghan govt

Kabul, Aug 7: Afghanistan’s spy agency - the National Directorate of Security has reportedly accused a member of the Pakistan consulate in Kabul that he was proving aid to the Taliban to weaken the Afghan government.

Without disclosing the name of the Pakistan consulate staffer, the spy agency maintained that he gave “orders and money” to Mullah Rahmatullah, a Taliban militant in the region who was captured earlier this week.

The spy agency added that this information was gathered during the interrogation of a Taliban militant captured by Afghan intelligence agents on Tuesday.

Taiwan Stock Exchange to change initials to avoid confusion

Taiwan Stock Exchange to change initials to avoid confusionTaipei - The Taiwan Stock Exchange Corp will change its initials from TSEC to TWSE starting next week to avoid being confused with several foreign bourses that have the same initials, a newspaper reported Thursday.

The website of the Taiwan Stock Exchange Corp will also be changed on Monday to www. twse. com. tw, but the current web address will continue to function for six months, the Taipei Times said.

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