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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

Taiwan has stepped up national security measures, Premier Cho Jung-tai (卓榮泰) said yesterday, after a former Chinese navy captain was arrested for illegally entering the nation on a motorboat.

“National security cannot be neglected for a minute,” he said, adding that security units had been instructed to “immediately strengthen protective measures.”

Coast guard personnel arrested the man, surnamed Ruan (阮), on Sunday after his boat collided with other vessels at a ferry terminal on the Tamsui River (淡水河) in the north. Before that, he reportedly sailed the vessel into a harbor near the mouth of the river.