Koinu Shuts HK Morning Trading; Market to Open in Afternoon

Koinu Shuts HK Morning Trading; Market to Open in Afternoon

Hong Kong stayed largely closed Monday morning, with stock market trading halted and schools suspended, as gale force winds and torrential rain from departing Typhoon Koinu continued to affect the finance hub. The Hong Kong Observatory said the No. 8 storm warning — the third-highest — would remain in place until 11:40 a.m. That alert … Read more

Super Typhoon Saola on Track to Hit Hong Kong as Strongest Storm Since Mangkhut

Super Typhoon Saola on Track to Hit Hong Kong as Strongest Storm Since Mangkhut

Hong Kong is making preparations for a possible direct hit by Super Typhoon Saola, which is shaping up to be the strongest storm to affect the city in at least five years. The government said it will hold a press conference at 4:30 p.m. local time to brief the public on plans for coping with … Read more