Taiwan shuts down as Typhoon Champi nears, closing stock market

· Climate · Taiwan · Japan

Almost all of Taiwan shut down on Friday ahead of Typhoon Champi, with offices and schools closed in Taipei and the island's stock exchange suspending trading. More than 120 flights were cancelled on Thursday, mostly domestic ones, and authorities issued a land warning. The storm is forecast to bring strong winds and torrential rain, though it is weakening and is not expected to make direct landfall on the island. Taiwan's exchange is one of Asia's largest markets, and a full-day closure halts trading in its heavily chip-weighted equities. Japan's NHK also reported the typhoon approaching southern Japan, where it has already disrupted travel and prompted warnings.

Why it matters：A full-day closure of one of the world's most chip-heavy stock markets and a nationwide shutdown show how extreme weather can interrupt trade and manufacturing across supply chains.

Key points

  • Taipei offices and schools closed; stock exchange shut for the day
  • More than 120 flights cancelled on Thursday, mostly domestic
  • Storm weakening and not expected to make direct landfall

Sources (original reporting)

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