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Smell of burning causes evacuation of Taipei MRT train

Around 250 passengers aboard a northbound train on Taipei’s Wenshan-Neihu MRT line were evacuated yesterday after staff at Nanjing East Road station detected a burning odor coming from cars.

The incident occurred at 8:29am when the train was at Nanjing East Road station.

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Central bank wants investment curbs

The central bank is pushing for curbs to be imposed on the amount of Chinese capital that can be placed in local stocks, hoping to stem the inflow of speculative funds, an official said yesterday.

The Financial Supervisory Commission, which has the authority to set limits on Chinese funds, has been approached by central bank officials eager to keep controls tight, said Lu Ting-chieh (盧廷劼), the commission’s chief secretary.

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Newsflash

Washington on Wednesday announced US$11.1 billion in potential arms sales to Taiwan, the largest-ever US weapons package to the nation.

It is the second announcement of arms sales to Taiwan by US President Donald Trump’s administration since he returned to the White House in January.

The proposed sales would cover eight items, including High Mobility Artillery Rocket Systems (HIMARS), howitzers, Javelin anti-tank missiles, Altius loitering munition drones and parts for other equipment, the Ministry of National Defense said in a statement.