(Bloomberg) --
Welcome to Tuesday, Asia. Here's the latest news and analysis from Bloomberg Economics to help you start the day:
- China is preparing steps to adjust to a slower rate of economic growth as coronavirus shows few signs of abating
- Central banks in Asia face increasing calls to cut interest rates as they jump into action against a spiraling coronavirus crisis that's hammering tourism, travel and confidence across the region
- A gauge of U.S. manufacturing rebounded sharply in January, topping estimates and signaling growth in the beleaguered sector for the first time since July
- As countries around the world enact measures to stop the spread of the deadly coronavirus outbreak, there's an additional factor shaping their response: China's enormous economic clout
- If there was ever a Downing Street script for what the first working day after Brexit would look like, this almost certainly wasn't in it. Monday's slump in markets is a bad omen for the U.K.'s newfound #ReadyToTrade freedom, writes Shawn Donnan in Terms of Trade
- The ECB needs an “understandable, forward-looking and realistic” inflation goal -- but not necessarily a higher one, according to Bundesbank President Jens Weidmann
- The U.K. Treasury shortlisted two women and seven men to replace Mark Carney as governor of the Bank of England
- Danes turned to their bankers in droves, desperate to refinance their mortgages at some of the lowest interest rates on record
- Saudi and Russian leaders held a rare phone call as oil markets tumbled, the latest signal that the OPEC+ alliance is trying to build a consensus for an output cut to prop up prices
- Botswana, which has the world's biggest elephant population, is to this week hold its first major auctions for the right to hunt the animals since lifting a ban last year
To contact the reporter on this story: Michael Heath in Sydney at mheath1@bloomberg.net
To contact the editors responsible for this story: Paul Jackson at pjackson53@bloomberg.net, Alexandra Veroude
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