Typhoon Gaemi shuts Taiwan’s financial marketsBloombergTaipei is today suspending work, classes and its US$2.4 trillion stock market as Typhoon Gaemi approaches Taiwan with strong winds and heavy rain. The nation is not conducting securities, currency or fixed income trading, statements from its stock and currency exchanges said. Authorities had yesterday issued a warning that the storm could affect people on land and canceled some ship crossings and domestic flights. A woman looks at an electronic stock board at the Taiwan Stock Exchange in Taipei on July 18. Over the past few days, Gaemi traveled past the Philippines, which placed northern parts of its main Luzon island on alert.

Source: Taipei Times July 23, 2024 17:17 UTC