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Friday, November 6, 2026

Taiwan shuts US$5 trillion stock market as Typhoon Champi nears

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Taiwan closed its $5 trillion earnings from <a The risks that matter now are rain and the size of the wind field,” said James Caron, director of meteorological operations for North America and Asia at Atmospheric G2. "The 185-miles-per-hour peak is behind us.”

Earlier this week, Champi reached super‑typhoon intensity, becoming the tenth system to do so in the northwest Pacific this season. This number is twice the long‑term average and close to the record of 13 set during the 2015 El Niño, the Hong Kong Observatory reported. During El Niño, storms often develop farther east, allowing them to gather more energy over warm open waters before moving toward land. – Bloomberg

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