• Top Stories
  • Interviews
  • Business
  • Finance
  • Banking
  • Technology
  • Investing
  • Trading
  • Videos
  • Awards
  • Magazines
  • Headlines
  • Trends
Close Search
00
GBAF LogoGBAF Logo
  • Top Stories
  • Interviews
  • Business
  • Finance
  • Banking
  • Technology
  • Investing
  • Trading
  • Videos
  • Awards
  • Magazines
  • Headlines
  • Trends
GBAF Logo
  • Top Stories
  • Interviews
  • Business
  • Finance
  • Banking
  • Technology
  • Investing
  • Trading
  • Videos
  • Awards
  • Magazines
  • Headlines
  • Trends

Subscribe to our newsletter

Get the latest news and updates from our team.

Global Banking and Finance Review

Global Banking & Finance Review

Company

    GBAF Logo
    • About Us
    • Profile
    • Wealth
    • Privacy & Cookie Policy
    • Terms of Use
    • Contact Us
    • Advertising
    • Submit Post
    • Latest News
    • Research Reports
    • Press Release

    Global Banking & Finance Review® is a leading financial portal and online magazine offering News, Analysis, Opinion, Reviews, Interviews & Videos from the world of Banking, Finance, Business, Trading, Technology, Investing, Brokerage, Foreign Exchange, Tax & Legal, Islamic Finance, Asset & Wealth Management.
    Copyright © 2010-2025 GBAF Publications Ltd - All Rights Reserved.

    ;
    Editorial & Advertiser disclosure

    Global Banking and Finance Review is an online platform offering news, analysis, and opinion on the latest trends, developments, and innovations in the banking and finance industry worldwide. The platform covers a diverse range of topics, including banking, insurance, investment, wealth management, fintech, and regulatory issues. The website publishes news, press releases, opinion and advertorials on various financial organizations, products and services which are commissioned from various Companies, Organizations, PR agencies, Bloggers etc. These commissioned articles are commercial in nature. This is not to be considered as financial advice and should be considered only for information purposes. It does not reflect the views or opinion of our website and is not to be considered an endorsement or a recommendation. We cannot guarantee the accuracy or applicability of any information provided with respect to your individual or personal circumstances. Please seek Professional advice from a qualified professional before making any financial decisions. We link to various third-party websites, affiliate sales networks, and to our advertising partners websites. When you view or click on certain links available on our articles, our partners may compensate us for displaying the content to you or make a purchase or fill a form. This will not incur any additional charges to you. To make things simpler for you to identity or distinguish advertised or sponsored articles or links, you may consider all articles or links hosted on our site as a commercial article placement. We will not be responsible for any loss you may suffer as a result of any omission or inaccuracy on the website.

    Headlines

    Posted By Global Banking and Finance Review

    Posted on June 10, 2025

    Featured image for article about Headlines

    TAIPEI (Reuters) -Taipei prosecutors indicted four people on Tuesday suspected of spying for China in a case that reached Taiwan's presidential office, seeking jail terms of more than 18 years.

    Democratically-governed Taiwan says it has faced heightened military and political pressure over the past five years or so from Beijing, which views the island as sovereign Chinese territory, a position Taipei's government rejects.

    In a statement, Taipei prosecutors said the four, all previously members of the ruling Democratic Progressive Party, had been indicted on espionage and other charges.

    One of them was a former assistant to then foreign minister Joseph Wu, now head of the National Security Council, while another was a former presidential office adviser, sources familiar with the matter have previously told Reuters.

    The Taipei prosecutors said in a statement that their suspected crimes included divulging or delivering classified national security information to China.

    Jail sentences of 18 years or more are being sought, the statement added.

    Reuters was not able to immediately locate contact details for legal representatives of any of those indicted.

    China's Taiwan Affairs Office did not respond to a request for comment.

    Last week, Taiwan's presidential office said it could not comment on the cases given the ongoing legal proceedings.

    But it said that any person, regardless of party affiliation, who has "betrayed the country, collaborated with hostile external forces and committed crimes that hurt the whole nation" should be subject to the most severe punishment.

    (Reporting by Ben Blanchard; Editing by Andrew Cawthorne)

    Recommended for you

    • Thumbnail for recommended article

    • Thumbnail for recommended article

    • Thumbnail for recommended article

    Why waste money on news and opinions when you can access them for free?

    Take advantage of our newsletter subscription and stay informed on the go!

    Subscribe