Sixteen people have died in the Philippines from floods and landslides caused by heavy monsoon rains intensified by a typhoon, local authorities said on Wednesday. The storm was moving north-west towards Taiwan, where authorities reported two deaths related to the severe weather. Work at government offices and school classes were suspended in the Philippine capital, Manila. Trading at the stock exchange was halted. Floods in some areas in the capital were chest-deep, closing roads to traffic. In the financial district of Makati, people waded through knee-deep floods. Typhoon Gaemi is packing m…