Mary Hui

Kong-Rey has strengthened into a super typhoon as it skirts the Philippines on track for Taiwan, where it’s expected to make landfall Thursday close to an area that was battered by a powerful storm just weeks ago.

(Bloomberg) -- The most powerful typhoon in almost six decades threatening to barrel across Taiwan this late in the year has raised the prospect of another suspension of the island's $2.5 trillion stock exchange by a storm.

Taiwan Suspends Stock Trading Due to Super Typhoon Kong-Rey Mary Hui and Cindy Wang 3 min read

(Bloomberg) -- Taiwan has suspended trading on its $2.5 trillion stock market as residents brace for a direct hit from Super Typhoon Kong-Rey, one of the biggest storms to strike the island this late in the year.

(Bloomberg) -- Typhoon Kong-Rey made landfall in Taiwan packing dangerous winds, with Shanghai bracing for the heaviest November rain burst since 1981 as the large storm tracks toward mainland China.

The Philippines is set to be drenched by its fourth storm in just over a month, which threatens to add to a growing tally of crop losses that total at least 11.5 billion pesos ($197 million) this year.

A tropical storm that strengthened over the weekend made landfall as a typhoon in the northern Philippines, as the country grapples with millions of dollars in crop damage from a series of relentless cyclones this year.

(Bloomberg) -- A tropical storm that strengthened over the weekend made landfall as a typhoon in the northern Philippines, as the country grapples

The Philippines is bracing for its fifth powerful storm in three weeks, with Super Typhoon Usagi set to strike the country’s north on Thursday afternoon before tracking toward Taiwan.

Two separate storms are set to hit the Philippines and Taiwan at the weekend as the western Pacific Ocean sees its most storm-active November in more than seven decades.