DailyDrop Taiwan edition No. 19 · Morning · FRI., OCT. 23, 2026 · Champi land warning widened to 19 counties and cities, Taiwan…

PTS reported that Typhoon Champi weakened to a moderate typhoon on the evening of the 22nd, and that the Central Weather Administration widened the land typhoon warning area to 19 counties and cities on Taiwan proper. The storm circle is expected to cover all of Taiwan on the morning of the 23rd, and the force-10 wind radius may sweep the northeastern corner of Yilan. Liberty Times reported that at 11 p.m. on the 22nd the maximum wind speed near the center fell from 45 to 43 meters per second, that rain will be heaviest from the 23rd to the early morning of the 24th, and that overall rain will not ease until the 25th. Focus Taiwan reported that, in an earlier list, Taiwan proper except Taitung County, plus Penghu and Matsu, had announced work and school closures for the 23rd, while in Taitung County only Green Island and Orchid Island closed. Taipei Times reported that as of 9 p.m. on the 22nd every county and city except Kinmen County had announced closures. Liberty Times reported that Taiwan Railway halts all reserved-seat trains on the 23rd, while High Speed Rail runs normally on all lines. CNA reported that the Central Election Commission said the ballot-number draw would be moved to the 27th if a work stoppage is declared because of the typhoon.

A typhoon’s wind-circle size and speed of movement do more than its central intensity to decide which counties and cities must close work and schools, so weakening to a moderate typhoon does not mean a smaller impact. Closures are announced by each county and city government based on wind and rain forecasts, so decisions can differ across counties on the same day; railways adjust service according to wind and rain to avoid running trains through strong-wind and flooded sections. The election dates were changed in step because the draw requires candidates and election commission staff to be present.

If you commute or travel on the 23rd, first check the announcements for the county and city where you live and where your company is located, and watch for service changes caused by the halt of all Taiwan Railway reserved-seat trains. Residents of mountain areas and the Yilan coast should move vehicles away from low-lying ground and riverbanks, and have lighting and drinking water ready. Candidates and election staff should note the new draw date to avoid a wasted trip.

The Central Weather Administration and PTS lean toward safety: the storm circle covers all of Taiwan on the morning of the 23rd, the center comes closest from late on the night of the 23rd to the early morning of the 24th, and landfall is not ruled out. This camp holds that counties and cities should reduce the risk of people being outdoors before the wind and rain are strongest.

Liberty Times reported that after the Taitung County government announced closures on the 23rd only for Orchid Island and Green Island, large numbers of people flooded the Facebook page of County Magistrate Rao Ching-ling to voice their displeasure. This camp holds that standards differ across counties and cities, and that the timing and scope of announcements should be more consistent.

What is confirmed is that the Central Weather Administration widened the land warning to 19 counties and cities, that Taiwan Railway halts all reserved-seat trains on the 23rd, and that most counties and cities close work and schools on the 23rd; what is unconfirmed is whether the typhoon’s center makes landfall, and the final arrangements for Taitung County proper and Kinmen County, where reports differ on timing. Today, watch the Weather Administration’s latest track and wind-and-rain forecasts, the county and city closure announcements, and the period from late on the night of the 23rd to the early morning of the 24th, when the storm comes closest to Taiwan.

PTS (Champi weakens to a moderate typhoon, land warning widened to 19 counties and cities, Oct. 22) · Liberty Times (Taiwan Railway halts all reserved-seat trains on the 23rd; Champi wind speed weakens, Oct. 22 to 23) · CNA (Central Election Commission: if work is suspended for the typhoon, 10/23 candidate draw moves to 10/27, Oct. 22) · Focus Taiwan (Typhoon Champi prompts school, office closures in most of Taiwan, Oct. 22) · Taipei Times (School, work canceled as typhoon nears, Oct. 23)

Weather · TyphoonPress ✓ 5 outlets · whether the typhoon’s center makes landfall is undecided; reports differ on the timing of work and school closures in Taitung County proper and Kinmen County

Champi land warning widened to 19 counties and cities, Taiwan Railway halts all reserved-seat trains on the 23rd, many counties and cities declare typhoon days off

PTS reports Champi has weakened to a moderate typhoon, and the Central Weather Administration widened the land typhoon warning area to 19 counties and cities this evening; Liberty Times reports Taiwan Railway has announced that all reserved-seat trains will stop on the 23rd, while High Speed Rail runs normally on all lines.

PTS reported that Typhoon Champi weakened to a moderate typhoon on the evening of the 22nd, and that the Central Weather Administration widened the land typhoon warning area to 19 counties and cities on Taiwan proper. The storm circle is expected to cover all of Taiwan on the morning of the 23rd, and the force-10 wind radius may sweep the northeastern corner of Yilan; the typhoon’s center is expected to come closest to Taiwan from late on the night of the 23rd to the early morning of the 24th, the Administration does not rule out landfall, and the northern mountains and Yilan must guard against extremely heavy rain or worse on the 23rd. Liberty Times reported that at 11 p.m. on the 22nd Champi’s maximum wind speed near the center fell from 45 to 43 meters per second, that rain will be heaviest from the 23rd to the early morning of the 24th, and that overall rain will not ease until the 25th. Focus Taiwan reported that, in an earlier list, Taiwan proper except Taitung County, plus Penghu and Matsu, had already announced work and school closures for the 23rd, while in Taitung County only Green Island and Orchid Island closed.

Taipei Times reported on the 23rd that as of 9 p.m. on the 22nd, every county and city except Kinmen County had announced work and school closures for the 23rd. Liberty Times reported that Taiwan Railway announced on the evening of the 22nd that all reserved-seat trains would stop on the 23rd; among non-reserved trains, the Yilan Line, North-Link Line and Coastal Line would stop, and the other lines would run flexibly depending on wind and rain, while High Speed Rail would run normally on all lines. Election work was also affected: CNA reported that the Central Election Commission said the ballot-number draw for candidates in the nine-in-one elections, originally set for the 23rd at county and city election commissions, would be moved to the 27th if a local government declares a work stoppage because of the typhoon; Liberty Times reported that the election commissions of Taichung, Tainan, Miaoli, Yunlin, Changhua, Hsinchu City and Chiayi City had already announced that the draw would be moved to October 27.

Open the story and DailyDrop's take

CNA reported that the TAIEX swung by more than 1,000 points on the 22nd and closed down 846.34 points at 46,041.43, with financial stocks holding up the market; TSMC fell 35 yuan, and the index barely held the 46,000 mark. ETtoday Finance Cloud reported that TSMC closed at 2,385 yuan and that the index at one point rose more than 444 points to top 47,300, a swing of 1,290 points over the day. CNA also reported that foreign investors again engaged in net selling of Taiwan stocks of more than 80 billion yuan, and the New Taiwan dollar weakened by 2 fen to close at 32.508 yuan. CNA and Liberty Times reported that the Taipei stock market would be closed for 1 day on the 23rd; ETtoday Finance Cloud reported that both the stock and foreign-exchange markets would be closed on the 23rd. Bloomberg reported that this market, worth about $5 trillion, would close on Friday as Champi approaches. Taisounds reported that settlement of cash and shares on the closure day would be postponed.

After foreign investors sell stocks they must convert New Taiwan dollars into U.S. dollars to take the money out, so on days of heavy foreign net selling Taiwan stocks and the New Taiwan dollar often weaken together. Overseas markets keep trading while Taiwan is closed, and Taiwanese investors must wait until the next trading day to react to moves in U.S. stocks, so the selling pressure on the day before a closure and the opening gap on the first day after it are often watched together.

If you hold Taiwan stock ETFs, you cannot place orders or sell on the 23rd; if you need cash, have funds ready before the closure and handle it on the first trading day afterward according to your own plan. If you have margin-financed or leveraged ETF positions, check your maintenance margin ratio, because moves in overseas markets during the closure will be reflected all at once when trading reopens. If you need to exchange currency, the foreign-exchange market is also closed on the 23rd, so exchanges must wait until the next business day.

The CNA report stresses that the index still held the 46,000 mark at the close and that financial stocks held up the market. This camp sees the 22nd as one sharp pullback within a high-level swing.

The ETtoday Finance Cloud report stresses the 1,290-point swing over the day, with the index first rising more than 444 points and then turning to a sell-off, together with foreign net selling of more than 80 billion yuan. This camp sees the 22nd as a warning that selling pressure has returned.

What is confirmed is the 22nd close of 46,041.43, down 846.34 points, foreign net selling of more than 80 billion yuan, and the closure of Taipei’s stock and foreign-exchange markets on the 23rd; what is unconfirmed is when foreign selling pressure will ease and whether the next trading day opens as usual. Today, watch how Asian stocks react after the plunge in U.S. stocks on the 22nd, and whether Taiwan stocks open with a gap on the next trading day.

CNA (TAIEX swings more than 1,000 points, closes down 846; financial stocks hold up the market, TSMC falls 35 yuan, Oct. 22) · Liberty Times (Taipei City declares typhoon day off; stock market closed for a day tomorrow, Oct. 22) · ETtoday Finance Cloud (TAIEX swings 1,290 points, barely holds 46K; stock and currency markets closed tomorrow as Champi arrives, Oct. 22) · Bloomberg (Typhoon Champi Shuts Taiwan's $5 Trillion Stock Market, Oct. 22) · Taisounds (Strong Typhoon Champi arrives, stock market closed tomorrow, settlement of cash and shares postponed, Oct. 22)

Finance · Stocks and currencyPress ✓ 5 outlets · when foreign selling pressure will ease and how the next trading day will open are unconfirmed

TAIEX closes at 46,041.43 on the 22nd, down a sharp 846.34 points; market closed for 1 day on the 23rd because of the typhoon

CNA reported that the TAIEX swung by more than 1,000 points on the 22nd and closed down 846.34 points at 46,041.43, with financial stocks holding up the market; TSMC fell 35 yuan, and the index barely held the 46,000 mark. ETtoday Finance Cloud, under the headline “TAIEX swings 1,290 points, barely holds 46K,” reported that TSMC closed at 2,385 yuan and that the index at one point rose more than 444 points to top 47,300 before turning to a sell-off late in the session. CNA also reported that foreign investors again engaged in net selling of Taiwan stocks of more than 80 billion yuan, and the New Taiwan dollar weakened by 2 fen to close at 32.508 yuan. The typhoon also affected market operations. CNA and Liberty Times reported a one-day market closure for the Taipei stock market on the 23rd; Liberty Times’ headline read “Taipei City declares typhoon day off; stock market closed for a day tomorrow.” ETtoday Finance Cloud reported that both the stock and foreign-exchange markets would be closed on the 23rd. Bloomberg reported that this market, worth about $5 trillion, would close on Friday as Champi approaches; Taisounds reported that settlement of cash and shares on the closure day would be postponed.

Open the story and DailyDrop's take

Inside

The central bank on the 22nd issued a press release titled “This bank’s governor Yang’s name has been used by an impostor; clarification hereby issued.” Liberty Times reported that the central bank recently found that an unknown person had set up an account on the social platform Threads in the name of Governor Yang Chin-long and posted false statements. CNA reported that the account appeared the day before, with a post saying it would share macroeconomic observations and monetary policy on the platform, and that it had been suspended when checked on the 22nd. The central bank said Governor Yang has never set up any social media account in his personal name, and that policy and other information are as announced on the central bank’s official website and official social media accounts.

A central bank governor’s remarks directly affect expectations for exchange rates and interest rates, and if an impostor account posts content that looks like policy it could be taken as a real signal and mislead the market. It is easy to open an account in a famous person’s name on social platforms, and an account’s authenticity can only be checked against the agency’s website, so the central bank addressed the public directly with a press release.

When you see a social media post issued in the name of the central bank governor or another official, first check the central bank’s website and official social media accounts for the same content. If you need to make decisions based on exchange-rate or interest-rate information, rely on announcements on the central bank’s website and the press conference after the board meeting. Do not click messages that carry links or ask you to join groups or invest.

The CNA report focuses on the account itself: the Threads account claiming to be Yang Chin-long posted about macroeconomics and monetary policy, and had been suspended when checked on the 22nd. This camp sees the incident as a single fake account dealt with by the platform.

The Liberty Times report focuses on the central bank’s position: the bank said the impostor posted false statements and stressed that the governor has never set up a personal social account. This camp stresses that official information comes only from the website and official social accounts.

What is confirmed is that the central bank issued its clarification on the 22nd, that the Threads account has been suspended, and that Yang Chin-long has no personal social account; what is unconfirmed is what specific statements the impostor posted, and whether anyone was deceived as a result. For now, go by the central bank’s website announcements, and watch whether similar impostor accounts appear again.

Central Bank press release (This bank’s governor Yang’s name has been used by an impostor; clarification hereby issued, Oct. 22) · CNA (Yang Chin-long impersonated on Threads, central bank clarifies and urges public not to believe, Oct. 22) · Liberty Times (Yang Chin-long impersonated with Threads account! Central bank urgently clarifies: never set up a personal social account, Oct. 22)

Central bank clarifies that governor Yang Chin-long’s name was used by an impostor; fake Threads account suspendedIn a press release on the 22nd, the central bank clarified that Governor Yang Chin-long has never set up any social media account in his personal name, and that policy information is as announced on the central bank’s website and official social media accounts. CNA reported that an account claiming to be Yang Chin-long appeared on Threads the day before and had been suspended when checked on the 22nd.Finance · ✓ 3 outlets

PTS reported that National Security Bureau chief Tsai Ming-yen reported on the 22nd to the Legislative Yuan’s Foreign Affairs and National Defense Committee that the Bureau has about 100 cases of Chinese Communist election interference under watch and hopes to refer them to prosecutors for investigation before the election. CNA reported that Tsai Ming-yen said the Chinese Communists are interfering with precision, supplying cheap air tickets to targeted people so they can fly home to vote. Liberty Times reported that the Bureau revealed 6 main patterns, including betting markets and ground reception, and pointed out that, according to Bureau intelligence, cheap air tickets are supplied starting about 3 weeks before the election. Taipei Times reported that the Bureau said China has shifted its interference toward specific groups, involving injections of funds, and uses artificial intelligence (AI) tools to trace the sources of disinformation. Voting day for the nine-in-one elections is November 28.

Election interference has expanded from online disinformation to offline channels such as funds, travel and air tickets, making verification harder. The Bureau refers cases to prosecutors before the election because handling them afterward would limit both the evidence and the impact. For voters, identifying the source of information is more practical than judging whether any single message is true.

If you receive polls, tips or betting-market messages of unknown origin before the election, first check who published them and whether other media have reported them. If relatives or friends working or living in China receive offers of discounted air tickets or invitations to fly home and vote, they can first confirm where the fare comes from and what conditions are attached. Before sharing a message, click through to the original link.

The Bureau’s account, as reported by PTS and CNA, is that the Chinese Communists have 6 patterns of election interference, about 100 cases are under watch, and they will be referred to prosecutors before the election. This camp stresses that the national security agency already has specific cases in hand.

Liberty Times also reported that Yeh Yao-yuan believes the effect of Chinese Communist interference is limited and mainly creates division between the two sides; another scholar thinks the areas most seriously affected will be the Taipei–New Taipei area. This camp focuses on the effect of interference on social divisions and on particular districts, not on any single method.

What is confirmed is that Tsai Ming-yen reported to the Legislative Yuan on the 22nd, that the Bureau has about 100 cases under watch, and that voting day is November 28; what is unconfirmed is the content of the specific cases and the timetable for referral to prosecutors. Next, watch whether the Bureau announces referred cases before the election, and when the discounted air tickets actually appear.

PTS (Bureau watching nearly 100 Chinese Communist interference cases; Tsai Ming-yen: hopes to refer them to prosecutors before the election, Oct. 22) · CNA (Tsai Ming-yen: Chinese Communists interfere with precision, cheap air tickets supplied to targeted people to fly home and vote, Oct. 22) · Liberty Times (Chinese Communist precision interference: Bureau reveals 6 main patterns including betting markets and ground reception, Oct. 22) · Taipei Times (China escalating election interference efforts, NSB says, Oct. 23)

National Security Bureau chief Tsai Ming-yen reports 6 patterns of Chinese Communist election interference; about 100 cases under watch, hopes to refer them to prosecutors before the voteTsai Ming-yen reported on the 22nd to the Legislative Yuan’s Foreign Affairs and National Defense Committee on 6 patterns of Chinese Communist election interference, including cheap air tickets supplied to targeted people about 3 weeks before the election so they can fly home to vote. The Bureau has about 100 cases under watch; voting day for the nine-in-one elections is November 28.Politics · ✓ 4 outlets

Liberty Times, citing AFP, reported that a Miami judge on the 22nd ordered Trump to testify under oath by December 11 in his defamation lawsuit against the British Broadcasting Corporation (BBC), in which he seeks

0 billion. Liberty Times converted that amount to about 326.06 billion New Taiwan dollars. The BBC reported that Trump was ordered to answer questions under oath. Reuters, citing the Associated Press, reported that Trump was ordered to submit to questioning under oath in this

0 billion lawsuit. Liberty Times reported that the Miami judge is Li-te.

In a civil defamation case the defense usually questions the plaintiff in person before trial to confirm the damages and facts he claims; if the plaintiff delays testifying, it affects the schedule of the whole case. By setting a date, the judge sets a deadline for this stage of evidence gathering.

International news often carries figures like “seeking

0 billion”; that is the plaintiff’s request in the complaint, not a court judgment. To follow this case, watch whether the court next allows a postponement and whether the testimony goes ahead on schedule.

The BBC side told the court that Trump was delaying his testimony; the court ordered the sworn testimony completed by December 11 (Reuters, citing AP). This camp stresses that the plaintiff himself must be questioned.

Trump’s side had canceled an earlier scheduled testimony date citing important matters of state (Reuters, citing AP). This camp’s position is that a president’s schedule should be factored into arranging the testimony date.

What is confirmed is that the judge on the 22nd ordered Trump to testify under oath by December 11, and that the amount sought is

0 billion; what is unconfirmed is whether Trump will move to postpone, and how the court will handle a missed deadline. Next, watch whether Trump’s side files an objection and whether a testimony date is set before December 11.

BBC (Trump ordered to answer questions under oath in BBC lawsuit, Oct. 22) · Reuters (Trump ordered to sit for deposition in his

0 billion BBC lawsuit, AP reports, Oct. 22) · Liberty Times (Trump sues BBC for defamation seeking

0 billion; judge sets deadline of 12/11 for testimony under oath, Oct. 23)

Miami judge orders Trump to testify under oath by December 11 in his defamation suit against the BBC, seeking $10 billionLiberty Times, citing AFP, reported that a Miami judge on the 22nd ordered Trump to testify under oath by December 11 in his defamation lawsuit against the British Broadcasting Corporation (BBC), in which he seeks $10 billion. The paper converted the amount to about 326.06 billion New Taiwan dollars.World · ✓ 3 outlets

CNA reported that the Executive Yuan Council on the 22nd approved the direction of the second-phase tax incentive for the Taiwan Individual Investment Savings Account (TISA): the annual contribution of the taxpayer, spouse and dependent minor children can be deducted from that year’s total consolidated income up to 24,000 yuan. CNA reported that the Financial Supervisory Commission said withdrawals that meet the conditions are tax-free; if a withdrawal does not meet the withdrawal conditions, the total of past years’ contributions is added to the income of the withdrawal year for taxation. CNA also reported that the Commission aims to give notice of the proposed amendment before year-end, with use in 2028 tax filing. Liberty Times reported under the headline “TISA tax exemption of 24,000 per person; family of four saves up to 38,400 in tax.” Taipei Times reported that the Executive Yuan approved the direction of the draft tax incentives.

Because contributions can be deducted from income, the after-tax return on long-term saving rises, and it is also the government using the tax system to encourage people to put money into long-term accounts. Tying the exempt amount to the withdrawal conditions is meant to keep the benefit for long-term holders rather than short-term in-and-out trading.

People with higher salary income and a higher tax rate usually see a larger tax saving; households in lower brackets see limited effect. The incentive is still before the amendment stage and applies only to 2028 tax filing, so there is no need to open an account in a hurry just to save tax. Whether people who already opened a first-phase account need a separate account is as announced by the Financial Supervisory Commission.

CNA reported that the Securities Investment Trust & Consulting Association said the TISA tax incentive is a big step toward completing the third pillar of retirement protection. This camp sees the incentive as a spur to long-term retirement saving.

Liberty Times, with a headline on 24,000 yuan per person and up to 38,400 yuan in tax saved for a family of four, stresses the tax a family can actually save. This camp focuses on the scale of the incentive and who it applies to.

What is confirmed is that the Executive Yuan Council on the 22nd approved the direction of the TISA tax incentive, the 24,000-yuan limit, and the target of use in 2028 tax filing; what is unconfirmed is the text of the draft amendment, the Legislative Yuan review schedule, and whether existing first-phase accounts apply retroactively. Next, watch whether the Financial Supervisory Commission gives notice of the proposed amendment before year-end.

CNA (Cabinet settles TISA tax incentive: 24,000 yuan tax-exempt amount a year, Oct. 22) · Liberty Times (Cabinet settles TISA tax incentive of up to 24,000 a year, aiming for 2028 tax filing, Oct. 22) · Taipei Times (Executive Yuan approves draft tax incentives for TISAs, Oct. 23)

Executive Yuan approves direction of TISA tax incentive: 24,000 yuan per person per year deductible from income, aiming for use in 2028 tax filingCNA reported that the annual contribution amount of the taxpayer, spouse and dependent minor children can be deducted from that year’s total consolidated income up to 24,000 yuan. The Financial Supervisory Commission aims for use in 2028 tax filing; notice of the proposed amendment, Executive Yuan review and Legislative Yuan amendment are still required.Finance · ✓ 3 outlets

Liberty Times reported that the China Earthquake Networks Center said a magnitude 7.0 (Richter) earthquake struck Nagqu in northern Tibet at 10:33 p.m. on the 22nd, with a focal depth of 10 km and at least 2 people known injured, the strongest earthquake in China since January 2024. Bloomberg reported that a powerful magnitude 7.0 earthquake struck the Tibetan plateau on the 22nd. Reuters reported under the headline “Earthquake of magnitude 7 strikes China's Tibet.”

Nagqu lies in the northern Tibetan plateau and is sparsely populated; casualties from a quake of this size usually depend on how far the epicenter is from settlements and how well buildings resist earthquakes. A focal depth of 10 km makes it a shallow quake, with stronger shaking at the surface. Early casualty figures are often updated as rescue and communications are restored.

Taiwan is far from Tibet and this quake does not affect Taiwan; people with relatives or friends traveling or working there can check on their situation through the Bureau of Consular Affairs of the Ministry of Foreign Affairs and travel agencies. To follow developments, go by updates from the China Earthquake Networks Center and official reports.

The Liberty Times report focuses on the strength of the quake: magnitude 7.0, the strongest in China since January 2024.

Reporting on casualties is more limited: Liberty Times reported at least 2 known injured, and Bloomberg’s initial report said only that a powerful quake struck the Tibetan plateau.

What is confirmed is the magnitude 7.0, the time of 10:33 p.m. on the 22nd, the focal depth of 10 km, and at least 2 known injured; what is unconfirmed is the number of deaths, building damage, and the state of rescue. Today, watch for casualty updates from the China Earthquake Networks Center and state media, and for aftershocks.

Liberty Times (Magnitude 7 quake in Tibet’s Nagqu injures at least 2, China’s strongest quake in more than 2 years, Oct. 23) · Bloomberg (China's Tibet Region Struck by Powerful Magnitude-7.0 Earthquake, Oct. 22) · Reuters (Earthquake of magnitude 7 strikes China's Tibet, Oct. 22)

Magnitude 7.0 quake in Tibet’s Nagqu; China Earthquake Networks Center measures focal depth of 10 km, at least 2 injured so farThe China Earthquake Networks Center said the quake struck at 10:33 p.m. on the 22nd at a focal depth of 10 km, the strongest in China since January 2024. Liberty Times reported at least 2 injured so far, and Bloomberg and Reuters also reported the magnitude 7 quake.World · ✓ 3 outlets

10, and that Saudi Aramco evacuated its headquarters. Al Jazeera reported that Saudi Arabia’s Civil Aviation Authority said King Fahd International Airport in Dammam was attacked on the evening of the 21st, killing 2 people and wounding 8, and that airport operations have resumed; the Houthis claimed to have launched multiple attacks within 48 hours, including on the Ministry of Defense in Riyadh and Aramco facilities in Yanbu. PTS reported that the United States evacuated some diplomats and family members stationed in Saudi Arabia, and that Britain sent additional Royal Air Force “Typhoon” fighters for defensive air patrols.

Saudi Arabia is a major global crude exporter, and once its oil facilities, ports and airports come under attack the market first prices in a possible supply disruption, so prices rise before any actual output cut. Higher oil prices push up transport and electricity costs, and import-dependent economies such as Taiwan are affected more directly. The evacuation of diplomats and the deployment of foreign fighter jets are signals that governments see the conflict as possibly escalating further.

Taiwan imports almost all its crude oil and liquefied natural gas, so higher oil prices show up first in gasoline, diesel and jet fuel prices, and later in freight rates and electricity prices. If you budget for business travel or freight costs, keep an eye on next week’s gasoline and diesel price adjustment. If you hold energy or shipping stocks, news like this can cause large one-day swings, so check your position size.

The CNA and Liberty Times reports focus on the market: the attacks raised fears of a further supply disruption, and oil reached a five-month high.

The Al Jazeera and PTS reports focus on security and military aspects: the airport attack caused deaths and injuries, the United States evacuated diplomats, and Britain sent more fighter jets, with the fighting continuing to spill over.

What is confirmed is that oil prices jumped on the 22nd, Brent briefly topped

10, the United States ordered some diplomats to leave Saudi Arabia, and the airport attack killed 2 people and wounded 8; what is unconfirmed is the actual supply loss from the attacks, and the Saudi-led coalition’s next response. Today, watch whether oil holds around

10 and whether the United States and Britain adjust their personnel and force deployments in Saudi Arabia again.

CNA (Yemen rebels’ attack on Saudi Arabia deepens Middle East supply worries, oil prices jump, Oct. 22) · Liberty Times (Yemen rebels’ attack on Saudi Arabia deepens Middle East supply worries, oil prices jump, Oct. 23) · PTS (Yemen fighting keeps spilling over, U.S. evacuates some diplomats stationed in Saudi Arabia, Oct. 22) · Al Jazeera (Attack on Saudi Arabia's King Fahd airport kills two people, Oct. 22) · Bloomberg TV (US Orders Some Diplomats Out of Saudi Arabia After Deadly Attacks, Brent Tops

10, Oct. 22)

DailyDrop.

Champi land warning widened to 19 counties and cities, Taiwan Railway halts all reserved-seat trains on the 23rd, many counties and cities declare typhoon days off

TAIEX closes at 46,041.43 on the 22nd, down a sharp 846.34 points; market closed for 1 day on the 23rd because of the typhoon

On the 22nd the Nasdaq Composite plunges 2.6%, its worst single day since June, and Meta shares fall about 7%

Houthis step up attacks on Saudi Arabia, Brent crude tops $110, U.S. orders some diplomats to leave

France reports world’s first human infection with Shamonda virus, patient has died, World Health Organization says wider spread unlikely

By the numbers

Unverified — what we could not confirm

Influencer watch

What to watch today