Photographer: Ted Aljibe/AFP/Getty Images. Retrieved from bloomberg.com
Taipei will suspend work, classes and the island’s $2.4 trillion stock market as typhoon Gaemi approaches Taiwan with strong winds and heavy rain.
The island will not conduct securities, currency or fixed income trading on Wednesday, according to statements from its exchange. Authorities had issued a warning Tuesday that the storm could affect people on land and canceled some ship crossings and domestic flights.