Taiwan Halts Stock Trading and Closes Schools as 157-kph Typhoon Bavi Nears
Updated
Updated · Bloomberg · Jul 10
Taiwan Halts Stock Trading and Closes Schools as 157-kph Typhoon Bavi Nears
3 articles · Updated · Bloomberg · Jul 10
Summary
Taiwan suspended stock exchange trading and shut schools Friday as Typhoon Bavi approached, with authorities bracing for heavy rain across a wide swath of the island.
Bavi was 713 kilometers south of Okinawa and moving steadily northwest toward China’s east coast, according to the US Joint Typhoon Warning Center.
The storm was carrying top sustained winds of 157 kilometers per hour—equivalent to a Category 2 hurricane—raising the risk of broad disruption before it reaches China.