Philippines, Taiwan markets closed Wednesday
Floodwaters submerged houses in BF Resort Village in Las Pinas City after monsoon rains induced by tropical depression “Maring” caused the water level to rise in Metro Manila and nearby provinces Tuesday, Aug. 20, 2013. It was the second straight day of heavy rain, forcing the suspension of classes and work in government offices. JAIME T. CAMPOS/Contributed photo
HONG KONG – Financial markets in the Philippines are closed on Wednesday for Ninoy Aquino Day while markets in Taiwan are closed because of tropical storm ‘Maring’ (international codename: Trami).
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