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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

A protester holds a placard outside police barricades as workers put back a sign reading ‘‘Chiang Kai-shek Memorial Hall’’ at the landmark in Taipei yesterday.
PHOTO: NICKY LOH, REUTERS

The Chinese Nationalist Party (KMT) government yesterday restored dictator Chiang Kai-shek’s name to National Taiwan Democracy Memorial Hall in Taipei, reversing a move two years ago by the then-­Democratic Progressive Party (DPP) administration to remove relics of authoritarianism.

The replacement of the plaque began at about 8:10am after some 300 police officers secured the hall with barricades overnight and put up an official document stating that the hall would be closed for 24 hours for “official business.”