The Gulf Time Newspaper One of the finest business newspapers in the UAE brought to you by our professional writers and editors.
Bloomberg
A fierce typhoon is headed in the direction of Taiwan, spurring warnings over extreme weather that risks shuttering schools, businesses and the stock exchange.
Super Typhoon Maria could bring strong winds and heavy rains to northern and central Taiwan in the coming days, Central Weather Bureau specialist Judy Wuu said. Taipei, the political and business capital, is on the island’s northern tip.
The weather authority may issue a sea warning this afternoon and a land warning about midnight, she said, advising residents to take precautionary measures. It is currently unclear whether the storm will make direct landfall in Taiwan. The weather bureau forecasts it to be at its closest on Tuesday evening.
Maria, with sustained winds of up to 198 kilometres per hour and gusts of up to 245 kilometres per hour, was categorised as a super typhoon by the US Joint Typhoon Warning Center.