By Yimou Lee, Fabian Hamacher and Ann Wang KAOHSIUNG, Taiwan (Reuters) - Taiwan on Thursday girded itself for the arrival of a weakening Typhoon Krathon which has killed two people so far, as the island shut down for a second day with hundreds of flights grounded and financial markets closed.

The storm has already injured 46 people and forced thousands of evacuations, the authorities said, warning that torrential rain could cause landslides and flooding.

A slow-moving typhoon approaching Taiwan led to school and office closures for a third consecutive day, with authorities asking people to stay indoors. Typhoon Krathon was centered about 31 miles