Quote:

http://www.trust.org/alertnet/news/typho....

TAIPEI, Aug 2 (Reuters) - Torrential rain and strong winds triggered landslides and flooding, forcing financial markets to shut and disrupting transport, after Typhoon Saola made landfall in eastern Taiwan on Thursday, authorities said.

At least one person was killed in a landslide and eight injured in the storm.

While some major companies remained open, Taiwanese authorities ordered other businesses and schools to close. Financial markets were also shut, with normal operations expected to resume on Friday.

Quote:

Saola is currently rated a category 2 typhoon on a scale of five and was expected to weaken to a category 1 within 12 hours as it passed Taiwan and headed for southeast China, meteorologists said.