Updated
Updated · Bloomberg · Jul 10
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.

Insights

What lessons from Bavi's past rampage as a Category 5 storm are now protecting Taiwan?
Is this year's third Category 5 super typhoon a freak of nature or a preview of our climate's future?