Tag Archives: Asia / Pacific

Olympics Q&A: What now for the Tokyo Games? | Simon Burnton | Sport

Tokyo 2020 Olympic medals on display after the One Year to Go ceremony on 24 July 2019.

When will the Olympics now be held? Among several options considered by the organising committee in recent days has been short-term postponements, by two months or even just one. That possibility has now been rejected, with the joint statement released on Tuesday by the IOC and the Tokyo organising committee …

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Abe insists Olympics to go ahead as planned despite Covid-19 | Sport

Japan is still preparing to host the Olympics, Shinzo Abe has said, despite growing concern about the viability of the summer Games because of the coronavirus outbreak. Japan’s prime minister and his government have been adamant that the Olympics will go ahead, even as other global sporting events have been …

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South Korea reports more recoveries than coronavirus cases for the first time

South Korea reports more recoveries than coronavirus cases for the first time

SEOUL (Reuters) – South Korea reported more recoveries from the coronavirus than new infections on Friday for the first time since its outbreak emerged in January, as a downward trend in daily cases raised hopes that Asia’s biggest epidemic outside China may be slowing. FILE PHOTO: Quarantine workers in protective …

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Stimulus hopes pull stocks back from abyss

Stimulus hopes pull stocks back from abyss

SINGAPORE (Reuters) – Stocks plunged on Friday with coronavirus panic selling hitting nearly every asset class, before finding some kind of floor as hopes turned to a U.S. stimulus package. Currency dealers walk past an electronic board showing the Korea Composite Stock Price Index (KOSPI) at a dealing room of …

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Policymakers ramp up support as coronavirus fears shred markets

Policymakers ramp up support as coronavirus fears shred markets

SINGAPORE/WASHINGTON (Reuters) – Governments and central banks readied more emergency measures to tackle the economic impact of the coronavirus on Friday, helping financial markets pare some of their steep losses, while more major events were canceled or postponed. FILE PHOTO: A person wearing a face mask walks along Wall Street …

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Policymakers ramp up support as coronavirus shreds markets

Policymakers ramp up support as coronavirus shreds markets

SINGAPORE/WASHINGTON (Reuters) – Governments and central banks readied more emergency measures to tackle the economic impacts of the coronavirus on Friday as Asian markets suffered their worst weekly crashes since the 2008 financial crisis. FILE PHOTO: A person wearing a face mask walks along Wall Street after further cases of …

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Special Report: Italy and South Korea virus outbreaks reveal disparity in deaths and tactics

Special Report: Italy and South Korea virus outbreaks reveal disparity in deaths and tactics

MILAN/SEOUL (Reuters) – In Italy, millions are locked down and more than 1,000 people have died from the coronavirus. In South Korea, hit by the disease at about the same time, only a few thousand are quarantined and 67 people have died. As the virus courses through the world, the …

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Italy and South Korea virus outbreaks reveal disparity in deaths and tactics

Italy and South Korea virus outbreaks reveal disparity in deaths and tactics

MILAN/SEOUL (Reuters) – In Italy, millions are locked down and more than 800 people have died from the coronavirus. In South Korea, hit by the disease at about the same time, only a few thousand are quarantined and 67 people have died. As the virus courses through the world, the …

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Ban on European travel to U.S. will batter airlines, already roiled by coronavirus

Ban on European travel to U.S. will batter airlines, already roiled by coronavirus

LOS ANGELES/WASHINGTON (Reuters) – The new U.S. ban on foreign citizens entering the country if they have traveled to Europe in recent weeks will heap more pressure on airlines already reeling from the coronavirus pandemic, hitting European carriers the hardest, analysts said. FILE PHOTO: Airplanes of German airline Lufthansa and …

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Japan must prepare for possibility of Olympics being cancelled, says senior MP | Sport

A senior member of Japan’s governing party has said Tokyo 2020 Olympics organisers must plan for the possibility that this summer’s Games will be postponed or cancelled due to the coronavirus pandemic, as the city’s governor insisted they would go ahead as scheduled. Shigeru Ishiba, a former defence minister who …

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