- The deserted shopping malls and cinemas of South Korea’s Daegu, a city of 2.5 million people, became one of the most striking images outside China of an outbreak that international authorities are trying stop from becoming a global pandemic.
- Iranian health officials urged all religious gatherings to be suspended in Qom, news agency ISNA said on Thursday, after two more people tested positive for the coronavirus in the holy city, where two died of it this week. - More than 100 Hong Kong residents who were quarantined on the cruise landed on Thursday morning in the Asian financial hub, where they will face a further 14 days of quarantine.
- China’s banking sector may face a surge of up to 7.7 trillion yuan of non-performing loans in 2020 if the coronavirus outbreak doesn’t peak until April, credit agency S&P Global estimated on Thursday. - Financial leaders of the world’s 20 largest economies expect a modest pickup of global growth this year and next, but see the epidemic as a risk.
- Japan, which is set to host the 2020 Summer Olympics in July, saw its foreign visitor numbers fall for the fourth month in January, with sharper falls expected. - Mongolia will keep all its schools shut until March 30 to prevent the coronavirus from spreading in the country.
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