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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

Democratic Progressive Party (DPP) Legislator Puma Shen (沈伯洋) and other lawmakers have proposed amendments to the Criminal Code defining four crimes of collusion with foreign powers.

As collusion, which is currently not well-defined under the law, carries a severe penalty, judges tend not to invoke it, Shen said.

After consulting with the National Security Bureau, he and other DPP members have proposed defining four types of criminal behavior that would fall under the category of collusion.