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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

As the US-China Economic and Security Review Commission officially released its annual report to the US Congress on Wednesday, commissioner Dan Blumenthal said there was unanimous agreement that “something must be done” to improve Taiwan’s air defense capabilities.

Addressing a packed hearing room in the US Senate, Blumenthal said there was “no silver bullet” that could balance the military forces facing each other across the Taiwan Strait, but that Congress needed to review the situation in a comprehensive manner.