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| | | What you need to know about the coronavirus today |
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Economy picks up speed in China but so do infections China’s economy picked up speed in the fourth quarter, with growth beating expectations and poised to expand further this year even as the global pandemic rages unabated. The country reported more than 100 new COVID-19 cases for the sixth consecutive day, with rising infections in the northeast fueling concerns of another national wave when hundreds of millions travel for the Chinese Lunar New Year holiday.
Japan to press ahead with Olympics Prime Minister Yoshihide Suga vowed to forge ahead with preparations to hold the Tokyo Olympics this summer, in the face of growing public opposition as Japan battles a surge in coronavirus infections. The International Olympic Committee expects only 6,000 athletes at the opening ceremony, just over half of initial estimates, as organizers enforce precautions.
Tennis causes tensions with stranded Australians As top tennis stars descended on Melbourne for the upcoming grand slam, many Australians questioned the decision to host the tournament when thousands of citizens are stranded overseas due to the coronavirus pandemic.
Singapore wants its airline to be first to vaccinate staff Singapore urged workers at its national airline to help make it the world’s first carrier with all staff vaccinated against COVID-19. The island state is planning to host events such as the World Economic Forum’s annual meeting and the Shangri-La Dialogue Asian security summit in a few months’ time.
Germany says new COVID variants require new measures Germany’s health minister said new measures would be needed to slow the spread of new, more infectious variants of the coronavirus, including more health checks for cross-border commuters and intensified gene sequencing of virus samples. | |
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From Breakingviews - Corona Capital: Eurostar, Remote work, HDFC Bank. Britain’s reluctance to throw Eurostar a lifeline looks increasingly odd and India’s top private lender is relatively unscarred by the pandemic. Catch up with the latest financial insights. | |
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Reuters reporters and editors around the world are investigating the response to the coronavirus pandemic.
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| | Business and Tech |
The Trump administration notified Huawei suppliers, including chipmaker Intel, that it is revoking certain licenses to sell to the Chinese company and intends to reject dozens of other applications to supply the telecommunications firm, people familiar with the matter told Reuters. 6 min read | |
Southeast Asian ride-hailing and food delivery giant Grab is exploring a listing in the United States this year, encouraged by robust investor appetite for IPOs, three sources told Reuters. 2 min read | |
Chinese online short video company Kuaishou will open the books for its Hong Kong initial public offering next Monday to raise at least $5 billion in a deal that could value the company at about $60 billion, sources say. 2 min read | |
Former Hong Kong lawmaker Ted Hui has renewed his criticism of HSBC for freezing his local bank accounts even after the bank’s chief executive, Noel Quinn, wrote to him to explain the circumstances of the change. 2 min read | |
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| | Top Stories on Reuters TV |
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