NEWS: 7 Feared Dead in Taiwan Typhoon Aere, page 1

Businesses and markets closed in Taiwan due to Typhoon Aere. 7 are feared dead as landslides and massive flooding have been triggered. 36 inches of rain are expected in Taipei as the storm approaches the city this afternoon.

bloomberg.com
Taiwan Markets, Businesses Close for Typhoon Aere (Update9)

Aug. 24 (Bloomberg) -- Typhoon Aere lashed northern Taiwan with winds of up to 130 kilometers (80 miles) an hour, triggering landslides and flooding. Financial markets and businesses in the capital were closed and flights canceled.

``Taipei will experience the strong force of the typhoon this afternoon,'' said William Chen, a forecaster at the Central Weather Bureau. The storm, moving at a slow 11 kilometers an hour, may dump as much as 800 millimeters (36 inches) of rain on parts of the island, the bureau said.

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Aere is Asia's 17th tropical storm this year.

The airport has remained open but all flights have been cancelled, hoping to resume flights tomorrow. A plane has reportedly skidded off the runway at Sung Shan airport with more than 93 passengers aboard. There are no reports of injuries.

Approximately 4,000 residents are trapped in the county of Nantou due to landslides and severe flooding. There is a concern about super typhoon Chaba who is following the trail of Aere, and packing winds of 131mph, although officials believe Chaba will head more toward Okinawa. It is still uncertain which path Chaba will take.