Taiwan names new financial regulator, defence minister in reshuffle


  • World
  • Monday, 29 Jul 2013

TAIPEI (Reuters) - Taiwan's top financial regulator and its defence minister have stepped down, the premier said on Monday, as part of a reshuffle that analysts say is aimed at boosting President Ma Ying-jeou's increasingly poor popularity ratings.

Ma's economic and China policies have triggered widespread criticism while Taiwan's less-than-stellar economic performance and stagnant wage growth have also been a drag on his ratings which have hovered around the 20-percent mark for months.

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