Taiwan suspends stock trading, shuts schools as Typhoon Bavi closes in

Mary Hui / Blloomberg07-10

Taiwan halted trading on its stock exchange and closed schools on Friday as Typhoon Bavi approaches with the storm's gigantic size expected to dump heavy rain over a vast area.(July 10): Taiwan ...

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The system is packing top sustained winds of 157km per hour, equivalent to a Category 2 hurricane.\nOn its forecast track, the storm isn't expected to cross Taiwan's coast, but the island will be hit by torrential rain that could lead to extensive flooding. Offices have been closed on Friday, and Taiwanese carriers including Eva Air Corp, China Airlines Ltd and Starlux Airlines Co have cancelled flights throughout Saturday, according to officials from Taipei Taoyuan, the island's biggest airport.\n\"Taipei is less likely to take direct eyewall hit or have the centre pass overhead, but this is still not a 'miss',\" said James Caron, director of meteorological operations for North America and Asia at Atmospheric G2. \"Bavi's wind field is large enough that northern Taiwan can still see a period of very rough weather even with the centre staying offshore, and even a modest track shift could significantly increase wind impacts.\"\nAfter passing east of Taiwan, Bavi is expected to cross the Fujian coast on Saturday night, with top sustained winds of up to 173km per hour, according to the China Meteorological Administration (CMA). 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