Philippine Offices Reopen as Fifth of Manila Still Submerged

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Philippine financial markets and offices reopened today even as a fifth of the Manila region remained under water after the worst flood in three years.

The weather bureau dropped its rainfall warning to yellow, the lowest in its three-step color-coded system that moves up to green and red. The capital may see rainfall of up to 15 millimeters (0.6 inches) in an hour, it said on its website. That compares with as much as 40 millimeters yesterday.