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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 Taipei District Court yesterday handed down prison sentences ranging from six months to one-and-a-half years to members of former president Chen Shui-bian’s (陳水扁) family and former Taipei Financial Center Corp (台北金融大樓公司) chairwoman Diana Chen (陳敏薰) for perjury.

The former president’s son, Chen Chih-chung (陳致中), daughter Chen Hsing-yu (陳幸妤) and son-in-law Chao Chien-ming (趙建銘) each received six-month prison sentences, which were half the length of one year initially sought.