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Typhoon Talim

All articles tagged with #typhoon talim

weather2 years ago

Typhoon Talim Forces Closure of Hong Kong Schools and Stock Market

Schools and the stock market in Hong Kong were closed as Typhoon Talim approached the Chinese mainland and the island province of Hainan. Safety alerts were issued, urging residents and tourists to stay in safe places away from possible floods or landslides. The typhoon caused the evacuation of workers from offshore facilities and led to the suspension of classes and public transport in Macao. As Talim moved away from Hong Kong, it was forecasted to make landfall in Guangdong and Hainan provinces before striking land again in the Guangxi region. The typhoon is expected to weaken in Vietnam.

economy2 years ago

"Asia Markets React as China's Economy Falls Short of Expectations"

Asia-Pacific markets fell as China's second-quarter GDP growth of 6.3% missed expectations. Hong Kong markets were closed due to Typhoon Talim, while Singapore's non-oil domestic exports contracted for the ninth consecutive month. UBS named a list of stocks expected to outperform the MSCI All Countries World Index, and the IMF noted that global headline inflation appears to have peaked. Investors anticipate upward market momentum in the week ahead as earnings season kicks off.