Taipei City Councilor Lee Ching-yuan (李慶元) yesterday claimed that the Taipei City Government attempted to cover up the sexual harassment case of a city government advisor.

Chen Yuh-chang, chairman of the Financial Supervisory Commission (FSC), urged investors Thursday to stay calm after the local market took a dive, sending the index below 8,300 points at the end of the trading session.

Defense Minister Kao Hua-chu (高華柱) yesterday apologized to the public over two recent Air Force fighter crashes that occurred within five days of each other.

The Air Force will increase its patrols over waters around the country's southern coast, Air Force Commander Gen. Liu Chen-wu said yesterday.

French fry chain store Ireland's Potato (愛爾蘭瘋薯) has been fined for using expired sauce in their products, according to New Taipei City's Public Health Department (PHD) yesterday.

Almost half of mothers in Taiwan are worried that their children will remain financially dependent on parents when they reach adulthood, according to the findings of a survey released recently.

The U.S. dollar rose against the Taiwan dollar Thursday, gaining NT$0.065 to close at NT$30.025 as foreign institutional investors shifted to the sell side of the local market, which lifted demand for the greenback, dealers said.

The Financial Supervisory Commission yesterday imposed fines of NT$8.4 million against insurance carrier Singfor Life (幸福人壽), citing six counts of major infractions.

Democratic Progressive Party (DPP) legislators are torn over former President Chen Shui-bian's (陳水扁) application for party readmission, proposed by caucus whip Ker Chien-ming (柯建銘) at the DPP's Central Standing Committee meeting on Wednesday.

In an effort to downsize the number of higher-learning institutions in the nation, the Education Minister Chiang Wei-ling (蔣偉寧) yesterday unveiled a plan to merge or repurpose 12 public and private colleges by August in 2014.