Typhoon Kong-rey Batters Taiwan, TSMC Stock Dips Amidst Disruptions

Typhoon Kong-rey, the strongest storm to hit Taiwan in nearly three decades, caused widespread disruptions, including flight cancellations, power outages, and reduced rail services. TSMC, the world’s largest contract chipmaker, experienced a slight stock decline due to the storm’s impact, but its operations remain unaffected. The typhoon’s massive size and strong gusts caused significant damage across the island.

Tropical Storm Trami Wreaks Havoc in Philippines, Leaving 24 Dead and Thousands Displaced

Tropical Storm Trami has battered the northeastern Philippines, causing widespread flooding and landslides, leaving at least 24 people dead, and displacing thousands. The storm’s heavy rainfall has led to severe flooding, submerged cars, and isolated communities. Rescue efforts are underway to reach those trapped, but challenging conditions are hindering progress. The storm’s impact highlights the ongoing vulnerability of the Philippines to typhoons.

Typhoon Yagi Devastates Northern Vietnam, Leaving 49 Dead and 22 Missing

Typhoon Yagi, the strongest storm to hit Asia in 2024, has ravaged northern Vietnam, resulting in at least 49 fatalities and 22 missing. The storm’s impact extends beyond human casualties, causing widespread destruction to infrastructure, homes, and businesses, particularly in the vital industrial hub of Haiphong. As rescue efforts continue amid heavy rains and treacherous conditions, the region faces a long road to recovery.

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