PRESS DIGEST-Taiwan - June 4

Wed Jun 3, 2009 9:15pm EDT
 
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TAIPEI, June 4 (Reuters) - Taiwan newspapers carried the following stories on Thursday. Reuters has not verified these stories and does not vouch for their accuracy.

CHINA TIMES

-- President Ma Ying-jeou will issue a statement on the 20th anniversary of China's Tiananmen Square crackdown on Thursday.

-- Sixty percent of the Taiwan people were satisfied with Ma's performance following his visit to South American countries, rising from 56 percent a month ago, a newspaper survey showed.

UNITED DAILY NEWS

-- Wang Dan, an exiled Chinese student leader and dissident, said he hoped Taiwan President Ma Ying-jeou would severely criticise the Tiananmen Square crackdown.

-- Prosecutors have listed Chen Hsing-yu, daughter of ex-president Chen Shui-bian, as a defendant in their investigation of the former first family's money-laundering case.

LIBERTY TIMES

-- Bullet train operator Taiwan High Speed Rail Corp (2633.TWO) said it had made a loss of T$67.5 billion ($2 billion) at the end of last year.

COMMERCIAL TIMES

-- Chunghwa Telecom (2412.TW) and China Telecom (0728.HK) will build an undersea cable linking Taiwan's Kinmen island to the Chinese city of Xiamen, the first direct undersea cable linking the two sides.

ECONOMIC DAILY NEWS

-- China will invest 1 trillion yuan ($147 billion) into setting up its 3G cellular network in the next three years, and will purchase up to 300 million mobile phones, creating potential business opportunities for Taiwan's chip and phone makers.

-- Restrictions limiting the trade of China's yuan could be lifted soon, but it will take a long time more before it can become the world's reserve currency, the newspaper cited influential former Chinese lawmaker Cheng Siwei as saying. ($ =

 

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