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Typhoon Gaemi forces Philippines to halt work, market trading

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MANILA :Typhoon Gaemi and a southwest monsoon brought heavy rain on Wednesday to the Philippine capital region and northern provinces, prompting authorities to halt work and classes, while stock and foreign exchange trading were suspended.

FILE PHOTO: A woman walks in the lobby of the Philippine Stock Exchange amid the coronavirus disease outbreak, in Taguig City, Metro Manila, Philippines, September 30, 2020. REUTERS/Eloisa Lopez/File Photo

Gaemi, with maximum sustained winds of 155 kilometres per hour and gustiness of up to 190 kph, was heading towards Taiwan, the Philippines' state weather agency said in a 5 a.m. bulletin. Gaemi and another tropical storm, Prapiroon, hit southern Philippines and caused floods last week, resulting in seven deaths.

 

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