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.
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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.
Taiwan has closed its offices, schools, and financial markets in anticipation of Typhoon Krathon, which is expected to bring heavy rains and storm surges. The typhoon is projected to make landfall on the island’s west coast, threatening areas like Kaohsiung and Tainan.
Hong Kong’s stock market will no longer close for typhoon days, aligning with global practices. While this change is expected to have a minor impact on trading volumes, experts believe other measures like lowering taxes will be more effective in attracting investors and boosting market activity.
Following the most powerful typhoon to hit Shanghai in 75 years, Elon Musk has called on his Tesla Shanghai team to provide aid to those affected by the disaster. The typhoon, named Bebinca, caused widespread damage and led to the evacuation of hundreds of thousands of people.
Typhoon Yagi, the strongest storm to hit northern Vietnam in 30 years, has caused widespread devastation across Southeast Asia, leaving at least 179 people dead and thousands displaced. The storm brought heavy rains and strong winds, leading to destructive floods and landslides in Vietnam, Laos, Thailand, and Myanmar.
Typhoon Yagi has wreaked havoc in Vietnam, claiming 143 lives and leaving 58 missing. The storm brought strong winds, torrential rain, and widespread flooding, causing significant damage to crops and infrastructure. Hanoi, the capital city, experienced record flooding, forcing residents to evacuate and leading to widespread disruption.
A devastating flash flood in northern Vietnam has claimed the lives of 16 people and left dozens missing, bringing the total death toll from typhoon-related flooding to 141. The flood, triggered by heavy rains following Typhoon Yagi, buried an entire hamlet in mud and debris, leaving only a handful of survivors.
Typhoon Yagi, the strongest to hit northern Vietnam in 30 years, has caused widespread devastation, killing 63 people, leaving 40 missing, and injuring hundreds. Flooding and landslides have submerged communities, forcing thousands to evacuate.
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.