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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

The WHO’s insistence on referring to Taiwan as a part of China was a slap in the face for the so-called “1992 consensus” advocated by President Ma Ying-jeou (馬英九), the Democratic Progressive Party (DPP) said yesterday.

Citing a letter sent by the WHO to the European Parliament’s Taiwan Friendship Group (TFG) that said the designation of “Taiwan, China” has been the organization’s consistent practice, DPP Legislator Kuan Bi-ling (管碧玲) said the letter showed there was no such thing as “one China with different interpretations,” as Ma and the Chinese Nationalist Party (KMT) have claimed the consensus entails.