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CHARACTER, to quote Abraham Lincoln, “is like a tree, and reputation is like its shadow. The shadow is what we think of it; the tree is the real thing.”
HONG KONG: Rugby's Hong Kong and Singapore Sevens were postponed from April to October over the coronavirus on Friday (Feb 14) joining the likes of Chinese F1 Grand Prix, golf and football fixtures on the growing list of sporting casualties. The decision, which disrupts sevens rugby in the run-up to the Tokyo Olympics, was made in response to continued health concerns relating to the Covid-19 (coronavirus) outbreak.
SHANGHAI (Xinhua): China's local governments and e-commerce platforms are moving to reduce rents and offer financial support to help small businesses tide over the novel coronavirus outbreak.
(Reuters) - The following is a list of international sports events affected by the coronavirus that has killed over 900 people and infected more than 40,000 in China after it first emerged in Wuhan, Hubei province, late last year:
LONDON (Bloomberg): US bank Citigroup suspended one of its highest-profile bond traders, who likely earned over £1mil (RM5.4mil), for allegedly stealing food from the company's cafeteria, according to a person familiar with the matter.
LONDON/HONG KONG (Reuters) - Many global companies from hotels and airlines to industrial houses are expected to have to foot the bill for disruptions caused by a new coronavirus in China, with epidemics usually excluded from insurance cover, experts said.
(Reuters) - Tesla
HONG KONG (Bloomberg): The Hong Kong government is usually eager to play up the city's resilience in the face of economic calamity, like the bounce-back after the Asian financial crisis and its recovery following the 2003 Sars epidemic.
HONG KONG: The first of Hong Kong’s new generation of digital banks has announced its arrival with a 6% introductory rate for deposits. ZA Bank Ltd., one of eight firms preparing to start digital-only banks in Hong Kong, has begun a trial run that pays a select group of depositors over 3 percentage points.
BANGKOK: Thailand is laying the foundations for standalone digital banks as it strives to catch up with other Asian markets that are allowing such changes, according to its central bank governor.