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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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Official asks for probe of Control Yuan members

A former Yilan County official yesterday asked prosecutors to investigate three Control Yuan members who allegedly covered up for officials involved in the Yuanta I Pin Building (一品苑) case.

Lin Chin-kun (林錦坤), a former Yilan County Yuanshan Village (員山) representative, mailed a request to the Supreme Prosecutor’s Office Special Investigation Panel (SIP) requesting an investigation into whether Control Yuan members Ma Yi-kung (馬以工), Chen Yung-hsiang (陳永祥) and Lin Chu-liang (林鉅鋃) handled the case inappropriately.

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Newsflash

Taiwanese rapper Chen Po-yuan (陳柏源) in a video showed how the Chinese Communist Party (CCP) bribes Taiwanese online influencers in its “united front” efforts to shape Taiwanese opinions.

The video was made by YouTuber “Pa Chiung (八炯)” and published online on Friday.

Chen in the video said that China’s United Front Work Department provided him with several templates and materials — such as making news statements — with some mentioning Chinese Nationalist Party (KMT) politician Hung Hsiu-chu (洪秀柱) and New Taipei City Mayor Hou You-yi (侯友宜) and asking him to write a song criticizing the Democratic Progressive Party.