Welcome to Nikkei Asian Preview.
China was expected to release estimates of Lunar New Year travel last week, but the spread of the coronavirus threw a wrench into those plans. Beijing has extended the holiday through Monday.
The virus is also threatening to disrupt another earnings season for Chinese companies. Many executives canceled August appearances in Hong Kong to avoid the protests that mounted last summer.
Elsewhere, Asian central banks meet after the U.S. Federal Reserve maintained its base rate last week, and Japanese car giants report results amid slowing sales in India and China.
For the latest updates on the coronavirus, follow our live blog.
Keep up with our reporting this week by following us on Twitter @NAR.
RCEP discusses India's involvement
Participants nations of the Regional Comprehensive Economic Partnership, or RCEP, will gather on the Indonesian island of Bali for two days of talks. All eyes will be on whether India takes part, after if was the only one of 16 nations not to agree to "text-based negotiations" in a previous summit in November -- absence would raise the odds of New Delhi not signing a final deal.
LG Chem reports 4Q results
After agreeing to supply electric vehicle batteries to Tesla, South Korea's largest chemical company will announce fourth quarter earnings on Monday. Investors will be listening for updates on whether LG Chem will spin off its profitable battery department from its main business.
Hong Kong doctors strike over border closure
Thousands of medical workers in Hong Kong are expected to stage a strike starting on Monday to demand a complete closure of the city's borders with mainland China to stop the spread of the coronavirus.
Chief Executive Carrie Lam last week stopped major rail links, and limited flights and travelers from the mainland, but medical workers said the measures are not enough.
Hong Kong will also report gross domestic product data for the final quarter of 2019, providing an indication of the depth of its protest-induced recession.
Shanghai and Shenzhen stock exchanges reopen
The Shanghai and Shenzhen markets were scheduled to reopen last Friday, but authorities ordered the exchanges to remain closed amid an extension of the Lunar New Year holiday.
When the markets last traded on January 23, the Shanghai Composite Index tumbled 2.8%, its worst single-day drop since May, while the Shenzhen Composite Index slumped 3.5%.
Catch up: Last week's cover story explored the contagion's ripple effect on the Asian economy.
Australia's central bank meets
The Reserve Bank of Australia will hold its first board meeting of the year on Tuesday. Barring an unforeseen shock to the economy, most analysts are expecting the central bank to hold interest rates steady.
The RBA last halved Australia's short-term interest rate from 1.5% in the middle of last year to 0.75% in response to weak consumer spending and the global slowdown.
Indonesia reports 2019 and 4Q GDP
Southeast Asia's largest economy relies on domestic demand, but it has not stayed completely immune from weaker global growth. The country's finance minister recently said she expects annual growth rate for the full year to come in at around 5.05%, under the government's target of 5.3%.
While Indonesia has not reported any cases of coronavirus yet, its tourism sector has already started to take a hit.
Kirin rolls out this year's 'mikan' craft beer
Japanese brewer Kirin will hold a news conference to announce this year's rollout of craft beer using mikan oranges grown by its CEO Yoshinori Isozaki. The beer giant will outline this year's strategy to expand the growing craft market.
India and Philippine central banks meet
The Reserve Bank of India is likely to keep repo rates unchanged at 5.15% at its bimonthly policy meeting, as the country battles rising inflation and slowing economy.
Last year, the central bank aggressively cut rates by a total of 135 basis points in an eight-month period, before pausing in December against the backdrop of a spike in prices of essential food items.
The Philippines' Bangko Sentral, which will meet on the same day, is expected to take an easing stance this year.
Toyota reports 3Q results
Investors will be expecting a solid third-quarter performance from Toyota Motor when it announces results on Thursday. The Japanese automaker's vehicle sales were the second highest in the world in 2019, bested only by German rival Volkswagen.
Last November, Toyota obtained the highest net profit ever in its midterm results. But the outbreak of the coronavirus forced the company to postpone the reopening of its plants in China to Feb. 10 or later.
Honda reports 3Q results
Investors may press Honda Motor's management on Friday, after the company made a downward revision in November for its annual net profit due to lackluster sales of automobiles in Japan and motorcycles in India.
While Honda was counting on its business in China, a market where it sells nearly 30% of its global unit sales, the coronavirus has caused uncertainty about when Honda's plants will resume production.
SoftBank Corp. reports 3Q results
As Masayoshi Son's SoftBank Group grapples with turmoil in its global portfolio of unicorns, the Japanese mobile arm SoftBank Corp. is shaping up to be a valuable cash cow. When the company announces fiscal third quarter earnings on Friday, analysts expect a net profit of 130 billion yen ($1.2 billion), up 28% year-on-year.
Listen for comments by CEO Ken Miyauchi on the upcoming merger between its subsidiary Yahoo Japan and Line, the messaging app owned by South Korea's Naver.
SoftBank Group's earnings report will come next week.
Sri Lanka's prime minister visits Delhi
The last time Mahinda Rajapaksa paid a state visit to India, he was president. Now, his brother Gotabaya is the head of state, and Mahinda will travel to New Delhi on Saturday as prime minister.
Rajapaksa's meetings with his Indian counterpart Narendra Modi will focus on closer ties with the new Sri Lankan government amid China's attempt to widen its influence in the region.
In case you missed it: Our cover story on how Mahinda orchestrated Gotabaya's election to return to power.