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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

The US has started bulk buying Japanese seafood to supply its military there in response to a ban China imposed after Tokyo released treated water from its crippled Fukushima Dai-ichi nuclear power plant into the sea.

Unveiling the initiative in an interview yesterday, US Ambassador to Japan Rahm Emanuel said Washington should also look more broadly into how it could help offset China’s ban that he said was part of its “economic wars.”

China, which had been the biggest buyer of Japanese seafood, says its ban is due to food safety fears.