Typhoon Champi Nears Taiwan, Halting $5 Trillion Market
WHO:
ABC News - One person was killed and 94 others were injured in the storm, according to Taiwan’s fire department.
ABC News - In southwestern Japan, one person was injured; a woman in her 70s on Miyako Island broke her leg in the wind, according to Okinawa prefecture government.
BBC - Premier Cho Jung-Tai urged the public to avoid all high-risk zones.
BBC - Central Weather Administration head Lu Kuo-chen said the typhoon would envelop Taiwan after landfall and slowly leave on “the 24th and the 25th.”
BBC - National Fire Agency Chief Secretary Cheng Chih Chiang asked the eastern coast’s local governing body to evacuate residents downstream from the Wanli Creek landslide dam.
Bloomberg Markets - Taiwan’s stock exchange, authorities, and offices and schools in Taipei were involved in the shutdowns.
Phys.org - Local residents in Taiwan were warned to prepare for severe weather.
WHAT:
ABC News - Champi’s maximum sustained winds peaked at 298 kph (185 mph) earlier in the week, then weakened to 155 kph (96 mph) as it approached Taiwan.
ABC News - Almost 1,300 people were evacuated from vulnerable, mountainous areas.
ABC News - All 262 of Taiwan’s domestic flights and 669 international flights were canceled; western-coast high-speed rail continued operating normally.
ABC News - Nearly 2,000 homes on Ishigaki Island lost power.
ABC News - The Philippines’ coast guard barred ships and ferries from sailing in choppy waters off northern towns and cities.
ABC News - Basco’s main domestic airport was shut, two local flights were canceled, and its windows were boarded up.
ABC News - Nearly 200 people evacuated in Cagayan province, including nearly 100 to government-run shelters; classes were suspended at all levels on Calayan Island.
IJR - More than 600 flights were canceled across Taiwan and neighboring routes amid Typhoon Champi’s approach.
IJR - Typhoon Champi weakened before passing near Taiwan.
BBC - The Wanli Creek landslide dam held five million metric tons of water, and officials warned it could breach during the storm.
BBC - Lu Kuo-chen said winds would be strongest from Friday through Saturday.
BBC - Cheng Chih Chiang urged the public to stay away from mountainous areas, creeks, and beaches even after the typhoon leaves Taiwan.
Bloomberg Markets - Taiwan’s stock exchange was set to shut for Friday as Typhoon Champi approached.
Bloomberg Markets - Authorities shut offices and schools in Taipei.
Phys.org - The typhoon prompted the cancellation of dozens of flights.
Phys.org - Warnings urged locals to prepare for heavy rain, strong winds, and giant waves.
WHERE:
ABC News - Champi’s center was forecast to stay offshore as the storm passed Taiwan’s northeastern tip, then turn north toward Japan’s southwestern islands.
ABC News - The storm injured a person on Liuqiu, an island off Taiwan’s southeastern coast.
IJR - The storm was forecast to track toward China and southern Japan.
BBC - The Wanli Creek landslide dam is in Hualien, Taiwan.
Bloomberg Markets - Typhoon Champi was approaching Taiwan; authorities shut offices and schools in Taipei, the island’s capital.
Phys.org - Typhoon Champi was headed toward Taiwan.
WHY:
ABC News - Taiwan’s weather agency urged coastal residents to avoid outdoor activities and driving and to watch for falling objects.
Bloomberg Markets - The stock exchange shutdown and Taipei closures were prompted by Typhoon Champi’s approach, heavy rainfall, and strong winds.
Phys.org - Flight cancellations and public warnings followed the typhoon’s approach and the threat of heavy rain, strong winds, and giant waves.
HOW:
ABC News - The Basco airport’s windows were boarded up as a safety precaution.
Bloomberg Markets - Authorities responded by shutting offices and schools in Taipei, while Taiwan’s stock exchange planned to close.
Phys.org - Authorities issued warnings for residents to prepare for severe weather and dozens of flights were canceled.
(UPDATED October 23, 2026 07:24 UTC)
Typhoon Champi weakened before passing close to Taiwan, but it still brought dangerous winds, heavy rain and major disruption. One person was killed and 94 injured in Taiwan, while one person was hurt on Japan’s Miyako Island. Nearly 1,300 people were evacuated from vulnerable mountain areas, and officials warned residents to avoid high-risk zones, including creeks and beaches. In Hualien, authorities raised concern that a landslide dam holding five million metric tons of water could breach. Taiwan canceled all 262 domestic flights and 669 international flights, while Taipei closed schools and government offices and the stock exchange planned to shut. High-speed rail on the island’s west coast continued operating. The storm also caused power outages on Ishigaki Island and disrupted travel in the Philippines, where ships and ferries were barred from sailing in rough waters.
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(UPDATED October 23, 2026 06:02 UTC)
Typhoon Champi weakened before passing near Taiwan, but authorities warned of heavy rain, powerful winds and giant waves. More than 600 flights were canceled across Taiwan and nearby routes, while offices and schools closed in Taipei and the island’s stock exchange planned to shut. Premier Cho Jung-Tai urged people to avoid high-risk areas, and officials warned residents to stay away from mountains, creeks and beaches, even after the storm moves on. In Hualien, a landslide dam on Wanli Creek holds five million metric tons of water and could breach during the storm. National Fire Agency official Cheng Chih Chiang asked local authorities to evacuate people downstream. Taiwan’s weather chief said the storm would envelop the island after landfall, with the strongest winds expected from Friday through Saturday, before it slowly moves away on “the 24th and the 25th.” The storm was forecast to head toward China and southern Japan.
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(UPDATED October 23, 2026 01:32 UTC)
Typhoon Champi is approaching Taiwan, prompting widespread closures and warnings as officials prepare for heavy rain, powerful winds, and giant waves. Taipei authorities have shut government offices and schools, while Taiwan’s stock exchange is set to close on Friday. Dozens of flights have also been canceled. Premier Cho Jung-Tai urged people to avoid all high-risk areas and prepare for severe weather. The Central Weather Administration says the strongest winds are expected from Friday through Saturday, and the storm could linger over Taiwan after landfall before slowly moving away on “the 24th and the 25th.” In Hualien, a landslide dam on Wanli Creek holds five million metric tons of water, and officials warn it could breach during the storm. National Fire Agency official Cheng Chih Chiang asked local authorities to evacuate residents downstream. He also urged people to stay away from mountains, creeks, and beaches even after the typhoon passes.
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(UPDATED October 22, 2026 15:05 UTC)
Typhoon Champi is approaching Taiwan, prompting widespread closures and travel disruptions as authorities prepare for dangerous weather. Taiwan’s stock exchange was set to close on Friday, while offices and schools in Taipei, the island’s capital, were shut. Officials warned residents to get ready for heavy rain, strong winds, and giant waves as the storm moved toward the island. Dozens of flights were also canceled because of the typhoon’s approach and the severe conditions expected. The closures and warnings reflect concerns about the combined threats of intense rainfall, powerful winds, and hazardous seas. Residents across Taiwan were urged to prepare, while travelers faced disrupted plans as airlines canceled flights. The response includes shutting down public institutions in Taipei, suspending trading, and issuing safety warnings ahead of the storm’s arrival.