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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) Chairperson Tsai Ing-wen (蔡英文) could expect a sound relationship with the US and China if she were to win January’s presidential election, former president Chen Shui-bian (陳水扁) wrote in an article published yesterday.

“I’m confident we will have the first female president in Taiwan’s history in January,” Chen, who is serving a 17-and-a-half-year jail sentence for corruption and money laundering, wrote in his latest column titled “The truth you did not know.”

The DPP presidential candidate would stand behind her pledge to safeguard Taiwan’s sovereignty and not make deals with China in exchange for personal benefit, Chen wrote in the article, which was dated July 30.