Severe Storm Bualoi Pummels Philippines, Kills Four

Satellite image of Severe Tropical Storm Bualoi over the Philippines.Source: RAMMB/CIRA

Severe Tropical Storm Bualoi killed at least four people in the Philippines with more than 400,000 evacuated as it accelerated while crossing the archipelago.

Work in government offices and schools in the capital region and some provinces were suspendedBloomberg Terminal Friday while currency tradingBloomberg Terminal was halted from this afternoon along with essential banking services due to the projected rainfall.