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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


This file photo shows ongoing land reclamation by China on Subi Reef (Jhubi Reef) as seen from Thitu Island (Jhongye Island) of the Spratly group of islands (Nansha Islands) in the South China Sea on May 11, 2015.
Photo: Reuters

The Pentagon on Tuesday said that a recent Chinese missile launch in the disputed South China Sea was “disturbing” and contrary to Chinese pledges that it would not militarize the disputed waterway.