Saturday, July 31, 2021
Next book chosen for anti-racism book club focuses on Asian American reckoning - Minneapolis Star Tribune
On May 14, my family buried my aunt, Sarah B. Harrigan. As I — along with her other nephews — carried her casket that day, I whispered my gratitude to the woman who demanded her nieces and nephews understand the value of their history and the history of those around them.
I would have never known about my great-great-great-grandmother, Mary Ann Key — an enslaved woman in the 1800s — had it not been for my aunt's diligence, research and commitment to our family's story. That creed is one I still embrace in this critical chapter of Minnesota history.
There is a rising — and hollow — sentiment here that suggests the work is done because Derek Chauvin is in prison for George Floyd's murder. But the last year only revealed, to some, the structural and systemic racism that remains. It did not, however, fix those issues.
Amid a growing chorus of folks who've decided that teaching the history of marginalized communities is somehow harmful to white kids, it has never been more important to combat and reject a sense of completion following the Chauvin verdict. We must continue to learn and to act. These inequities, and the racism that guards them, won't just evaporate. They have to be identified and attacked.
That's why I'm happy to announce — along with our partners at the Star Tribune, Friends of the Hennepin County Library and the Hennepin County Library — the next book in the Mary Ann Key Book Club: "Minor Feelings: An Asian American Reckoning" by Cathy Park Hong.
Our goal in selecting this book is to demand respect for the perspectives of our Asian American and Pacific Islander (AAPI) community — a community often overlooked in conversations about the nonwhite experience in Minnesota and beyond.
The "Stop AAPI Hate" movement has highlighted tragic encounters throughout the country. Based on my conversations with my friends and colleagues within the AAPI community — a community that is not monolithic — I know the headlines don't tell the full story of a group that has been targeted in a recent spate of violent, high-profile incidents.
"Minor Feelings" is a gripping account from Hong about her life in a world that views her and others like her as the "model minority," a label that minimizes their experiences.
"For as long as I could remember, I have struggled to prove myself into existence," Hong says in the book. "I, the modern-day scrivener, working five times as hard as others and still I saw my hand dissolve, then my arm. Often at night, I flinched awake and berated myself until dawn's shiv of light pierced my eyes. My confidence was impoverished from a lifelong diet of conditional love and a society who thinks I'm as interchangeable as lint."
"To prove myself into existence" is a sentiment nonwhite Minnesotans understand. Daily, we ask, "Do you see me?" I believe the experience Hong describes is also attached to the position connected to an Asian community that has been used as a pawn in political discourse about race. For generations, African Americans have heard white people describe the Asian community as the standard. The "Why can't you be more like them?" attitude has bred a historic barrier between our two communities.
But these conversations fail to center a group that's often praised or blamed but rarely heard. It's time to listen and commit to eliminating the stereotypes and assumptions that have left members of the AAPI community feeling what Hong describes as "not white enough nor black enough."
It's also important to make room and share the floor in this collective fight for equity. We had a successful virtual panel — nearly 1,000 attended — and a series of fruitful community conversations with our first book, Isabel Wilkerson's "Caste." We hope to have the same support with "Minor Feelings," our fall panel and local conversations, all led by AAPI leaders from the Twin Cities. We'll announce the details in the coming weeks on Hennepin County Library's Mary Ann Key Book Club website, where you can join the book club and get more information.
Knowledge is the seed of progress. That's what my Aunt Sarah taught me. At a family reunion in the 1990s, she called me up and handed me the "A" encyclopedia. Just the "A." She'd picked up an entire set on one of her Saturday rummage sale runs.
She was a teacher who loved history and a Black woman who turned her basement into the first African American museum I'd ever visited. Her request that day? She wanted me to write about every meaningful subject in that "A" encyclopedia. I promised I would, but I never finished. Still, I always remembered her emphasis on education and action. She, however, did not finish there.
She wanted her nieces and nephews to do something with the information. She wanted us to be better toward one another.
As we read "Minor Feelings," I hope we learn and I hope we grow.
And then, we must decide to see those who feel hidden among us.
Myron Medcalf is a local columnist for the Star Tribune and a national writer and radio host for ESPN. His column appears in print on Sundays twice a month and also online. myron.medcalf@startribune.com
Twitter: @MedcalfByESPN
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Next book chosen for anti-racism book club focuses on Asian American reckoning - Minneapolis Star Tribune
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Ryan Jeffers homers again, Twins rout Cardinals 8-1 - Associated Press
ST. LOUIS (AP) — Rookie right-hander Bailey Ober threw four effective innings, Ryan Jeffers hit a three run homer and the Minnesota Twins beat the St. Louis Cardinals 8-1 on Saturday night to end a three-game losing streak.
Ober, making his 11th career start, allowed one run on four hits over four innings. He struck six and did not walk a batter.
“You can see him maturing,” Minnesota manager Rocco Baldelli said. “He threw the ball again very, very well.”
Ober allowed just two runs over 5 1/3 innings against the Los Angeles Angels on July 25.
He built upon that effort with another solid performance on Saturday,
Ober was just as pleased with his second-inning single, which came in his first major league at-bat. He said the last time he came to the plate was in high school.
“When I got up there and looked over at the pitcher and he looked way closer than I ever remember,” Ober said. “I saw the pitch was going to be in the zone, so I took a swing. I made contact, I had no clue where the ball went. I started running a little bit and heard some cheers (from the dugout).”
Ober grounded out in the third inning to drop his average to .500.
“It’s tough to take a bat like that out of the lineup,” Baldelli joked about removing his hurler after four innings.
Ober fanned the side in the second inning and retired seven of the first eight hitters he faced.
“He had good extension on the ball,” said St. Louis outfielder Harrison Bader, who drove in the Cardinals’ lone run with a fourth-inning single. “His timing was kind of funky.”
Jeffers hit two home runs, including his first grand slam, and drove home six in a 17-14 loss to Detroit on Wednesday. He drilled his ninth home run of the season off St. Louis starter Jake Woodford (2-3) to highlight a five-run third inning that made it 7-0.
Minnesota scored twice in the opening inning. Miguel Sano paced the outburst with a run-scoring double.
Luis Arraez, who came off the 10-day Injury List earlier in the day, doubled to bring home the first run in the third inning. Brent Rooker and Jorge Polanco started the surge with singles. Trevor Larnach added a sacrifice fly to set the stage for Jeffers.
“I don’t actually have any concern about the energy of our group in any way,” Baldelli said. ”I have great faith in our guys. We’ll continue to go out there, play hard, play well, keep each other going.”
Jorge Alcala (3-5) picked up the win with two innings of scoreless relief.
Woodford allowed seven runs, five earned, on seven hits over three innings.
St. Louis had won eight of its previous 12. The Cardinals fell to 202-202 in interleague play.
SIMMONS HONORED
Former St. Louis catcher Ted Simmons, who is going into the Hall of Fame on Sept. 8, was honored prior the contest by having his No. 23 retired. He is the 15th person connected with the organization to have a number retired. A statue of Simmons was unveiled outside the stadium earlier in the day. “All of (my) dreams have come true,” Simmons said.
TRAINER’S ROOM
Twins: INF Josh Donaldson missed his second game in a row because of hamstring tightness.
“He got some treatment, he swung the bat, moved around a little bit,” Baldelli said. “If it were a more serious situation, we wouldn’t be doing any of that today. We’ll continue to treat it as day-to-day.”
UP NEXT
RHP Adam Wainwright (8-6, 3.51) will face RHP Michael Pineda (4-5, 3.86) in the final game of the three-game series Sunday. The 39-year-old Wainwright has beaten 25 of 29 major league teams — but not Minnesota. Texas, Baltimore and the New York Yankees round out the list. Pineda is 1-1 with a 3.86 ERA in two interleague starts this season.
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Ryan Jeffers homers again, Twins rout Cardinals 8-1 - Associated Press
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What's Happening: Aug. 2-8 | News | tahlequahdailypress.com - Tahlequah Daily Press
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Teaching Asian American History In Schools - Newsy
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Key moments from the Olympic Games: Day 8 - ABC News
Here's what you missed from Day 8 of the 2020 Summer Olympics in Tokyo.
Each day, ABC News will give you a roundup of key Olympic moments from the day’s events in Tokyo, happening 13 hours ahead of U.S. Eastern Standard Time. After a 12-month delay, the unprecedented 2020 Summer Olympics is taking place without fans or spectators and under a state of emergency due to the coronavirus pandemic.
Caeleb Dressel and Katie Ledecky bring home the gold, make history
Rising superstar Caeleb Dressel dominated the field in the Men's 100m butterfly, setting a new world record of 49.45 seconds. Meanwhile, established super star Katie Ledecky won the 800m freestyle yesterday and with it became the first female swimmer to win six individual gold medals in the Olympics.
The wins were each their third gold medal at the 2020 Games, Dressel now has four total Olympic gold medals for his career while Ledecky has now won seven.
Simone Biles withdraws from individual vault and uneven bars finals
U.S. gymnast Simone Biles pulled out of the individual finals competitions for vault and uneven bars after withdrawing from individual all-around finals earlier this week. "She will continue to be evaluated daily to determine whether to compete in the finals for floor exercise and balance beam,” USA gymnastics said in a statement.
Team USA’s MyKayla Skinner, who finished with the fourth-highest score during qualifications, will replace Biles.
COVID-19 cases at Tokyo Olympics rise to 246, cases in Tokyo area set new record high
There were 21 newly confirmed cases of COVID-19 among people at the Tokyo Olympics on Saturday, all from games concerned personnel or Olympic contractors. The total now stands at 246, according to data released by the Tokyo 2020 organizing committee.
The surrounding city of Tokyo reported 4,058 new cases on Saturday, a 7-day average increase of 217.0%, according to data released by the Tokyo metropolitan government.
Djokovic leaves Olympics empty-handed after withdrawal from bronze medal match
What could have been a historic Olympics for Serbia's Novak Djokovic has resulted in frustration and injury. Djokovic's dreams of achieving a Golden Slam were dashed after a loss to Alexander Zverev yesterday, and the world's top-ranked tennis player lost again today in the bronze medal match to Pablo Carreño Busta, 6-4, 6-7, 6-3.
Afterward, Djokovic was due back on court for his bronze medal match in mixed-doubles but withdrew from the match citing a left-shoulder injury, according to The Associated Press.
Elaine Thompson-Herah defends 100m gold, Poland wins mixed-relay
The second day of track events featured an Olympic-record run by Elaine Thompson-Herah of Jamaica in the 100m and the first gold medal in the mixed-gender 4x400 relay for Poland.
Thompson-Herah successfully defended her 2016 gold medal in the 100m with an Olympic record time of 10.61 seconds. Jamaica swept the event with Shelly-Ann Fraser-Pryce taking silver and Shericka Jackson the bronze.
Poland was victorious in the first mixed-gender 4x400 relay in the 2020 Games, setting a new Olympic record set just 24 hours earlier. The U.S. team won the bronze.
U.S. men’s basketball team finds its stride
After the first game loss to France, Team USA found its rhythm in the last two games, finishing the group round with a 119-84 win against Czech Republic. The effort was led by Jayson Tatum with 27 points and helped the team secure a spot in the quarterfinals
BMX freestyle makes Olympic Debut
The 2020 Olympic Games has been a monumental moment in the history of action sports. Not only have surfing and skateboarding made it to the world’s largest stage, but the cycling discipline has also expanded to include BMX freestyle for the first time. Preliminary rounds were held today, with Team USA's Hannah Roberts topping the women's division in the park competition. The finals in are park scheduled for tomorrow’s events.
US baseball wins second game against South Korea
The U.S. team won its second game over South Korea 4-2 today, coming off of an 8-1 victory over Israel in yesterday’s competition. The Tokyo Games brought back baseball to the Olympics for the first time since the 2008 Olympics in Beijing.
More scenes from today's action:
Catch up on the best moments from the previous days' events
For more Olympics coverage, see: https://abcnews.go.com/Sports/Olympics
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Men's water polo Day 8: U.S. falls to Hungary - NBC Olympics
Spain cements Group B lead
SPAIN 16, AUSTRALIA 5 (STATS)
Spain remained unbeaten through four games, gaining a 2-1 lead thanks to a first-quarter goal by Blai Mallarach and never looking back. Australia fell to 1-3.
MONTENEGRO 19, KAZAKHSTAN 12 (STATS)
Eight players from Montenegro contributed goals, including four each from Drasko Brguljan, Miroslav Perkovic and Alexsandr Ivovic, as Montenegro evened its record at 2-2 and enhanced its shot at a quarterfinal berth.
CROATIA 14, SERBIA 12 (STATS)
The Balkan rivalry game went to Croatia, which used a 6-1 run on either side of halftime to turn an 8-8 score into a 14-9 lead. Luka Bucic had three goals in the pivotal run. Paulo Orbradovic and Maro Jokovic each scored four times. Serbia pulled within two goals with 1:11 left but couldn't get a shot away after that. Croatia moved to 3-1 ahead of a group-stage finale against Spain. Serbia next faces Montenegro, with both teams coming in with a 2-2 record and a share of third place.
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July 31, 2021 at 02:05PM
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Men's water polo Day 8: U.S. falls to Hungary - NBC Olympics
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Tokyo Olympics Day 8: Dressel and Ledecky rule the pool, again - NBC Olympics
Don't call them "the next Michael Phelps."
Caeleb Dressel is Caeleb Dressel, and Katie Ledecky is Katie Ledecky. And while they don't compete in as many events as Phelps did, they're just as dominant.
Dressel started his Saturday by confirming the chatter that he would break his own world record in the 100m butterfly, beating his 2019 mark of 49.50 seconds by 0.05 seconds. (STORY)
He returned to the pool for the 50m freestyle semifinals, where he posted the fastest time. A short time later, he was back for the 4x100m mixed medley relay, where he didn't have much of a shot to do anything after inheriting a huge deficit while Great Britain set a world record. (STORY)
Ledecky first burst onto the scene in the London Olympics nine years ago with a win in the 800m freestyle. She won it again, along with 200m, 400m and the 4x200 relay, in Rio. She has also won four straight world championships at 800m.
She almost left an opportunity for Australia's Ariarne Titmus to score another victory over Ledecky in what would be by far the biggest upset between the two. Ledecky's time of 8:12.57 was nearly eight seconds off her world and Olympic record of 8:04.79. But it was enough to hold off Titmus by 1.26 seconds, even as Titmus set an Oceania record.
The other big U.S. performance of the day belonged to lighweight boxer Keyshawn Davis, who staggered No. 1 seed Sofiane Oumiha in the Round of 16, prompting the referee to stop the contest. (STORY)
And we got a preview of Sunday's BMX freestyle event, with Hannah Roberts and Perris Benegas posting the top two scores in the seeding runs Saturday while appearing to hold something back for the final.
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July 31, 2021 at 05:00PM
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Tokyo Olympics Day 8: Dressel and Ledecky rule the pool, again - NBC Olympics
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Vaccination and the bonfire of Asian clichés - Financial Times
“One can fly to Japan from anywhere,” wrote the historian Edward Luttwak in 2019. “But from Japan one can only fly to the Third World.” This time last year, a country with twice Britain’s population and one-40th of its Covid-19 deaths seemed short-changed by even that line. Efforts to fathom its success credited eastern docility and a bureaucratic superclass.
Hokum, yes, but soothing hokum. One consolation of the pandemic was that it revealed the social models that others should ape. (Germany’s was another.) Trauma is that much easier to bear when it illuminates the path to better days.
Even that solace is now denied us. East Asia has become the rich world’s straggler in the race to vaccinate. South Korea has fully jabbed 13 per cent of its population. Taiwan has managed around 1 per cent. Vietnam is poorer, granted, but that paragon of 2020, which joined China in dodging recession, is at 0.4 per cent. Whether the cause is government unpreparedness, mistrust of authority or plain insouciance amid low case rates, the stereotypes tumble.
As they do, two conclusions stand out. The first is grand enough to be called geopolitical. Even if it were tasteful to weigh such things, nowhere is going to “win” the pandemic. China crushed the virus but stands accused of carelessly loosing it. America’s economic surge is daunting but so is its death toll. India seemed to buck low expectations before its few months from hell. Europe has redeemed its vaccine farce but the stain of it lingers. Even Jacinda Ardern’s canonisation is stalled.
If the world is a contest of governing models, the pandemic is turning out to be a net-neutral event. It is no clearer than it was in 2019 if one-party democracy outperforms the more raucous kind. Or if either beats high-tech dictatorship. Or if generous welfare trumps a lean state. Or if collective action is easier among diverse citizens than homogenous ones.
A few countries, it is true, have almost unambiguously good stories to tell. But it is some feat to spot the values and institutions that link Israel, the United Arab Emirates and Mongolia. As if to tease us, when a theme does emerge — the heedless “neoliberalism” of Anglo-America — it wilts on further evidence. That is, we have learnt less and less over time. The past 18 months are so haunting in part because they lack all pattern and meaning.
And this is the sunnier lesson from the glacial vaccination in parts of Asia. The other is how crude the west’s picture of those countries still is. Whether in awe, distaste or perfect neutrality, some of the smartest Americans and Europeans I know put east and south-east Asia’s impressive 2020 down to innate collectivism. Some are paid for the specific task of knowing better. Even at the time, it was an odd take on a region that has the most evolved youth subcultures on earth and cities denser and more 24-hour than any in the west. The conflation of Japan with Korea (I hear there are people in each who are inclined to delineate) was no less telling.
Recent months have complicated that trope of herd-like deference. Even the well-meant cliché, namely that of ingrained competence, has waned. But the wonder is that it thrived for as long as it did. You would not know from the myth of technocratic mastery about Japan’s decades of corporate torpor. You would not know what vivid memories national penury and chaos are for some Singaporeans and Vietnamese.
A flattering misapprehension is still a misapprehension. Edward Said coined a whole academic field by faulting the west’s picture of the “Orient” as sensuous and noble. And even he really just meant Britain and France on the one side, and the Middle East and India on the other. Today’s version encompasses a wider cast of participants, and vastly grander stakes. A plausible mid-century G20 will add Vietnam, the Philippines and Thailand to today’s Asian colossi.
No doubt, the incomprehension is more than reciprocated. There is such a thing as Occidentalism, and the boom in it this time last year has not aged all that well. Given the flow of power in this century, though, it is clear on which side the burden of understanding must fall.
Email Janan at janan.ganesh@ft.com
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Vaccination and the bonfire of Asian clichés - Financial Times
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Friday, July 30, 2021
Asian nations impose stricter COVID-19 restrictions due to Delta outbreaks - Reuters
(Reuters) -The “war has changed” against COVID-19 because the Delta variant is as contagious as chickenpox, can be passed on by vaccinated people and may cause more serious disease than earlier strains, according to the U.S. Centers for Disease Control (CDC).
An internal CDC document, titled “Improving communications around vaccine breakthrough and vaccine effectiveness”, said the fast-spreading variant required a new approach to help the public understand the danger.
It said the unvaccinated were three times more likely to become infected and more than 10 times more likely to become seriously ill or die, it said.
“Acknowledge the war has changed,” it said. “Improve communications around individual risk among vaccinated.”
It described the Delta variant as no less transmissable than chickenpox and more transmissible than a host of other diseases, such as MERS, SARS, Ebola, smallpox, the common cold and seasonal flus, including the flu that caused the 2018 pandemic.
It recommended prevention measures that included making vaccines mandatory for health care professionals to protect the vulnerable and a return to universal wearing of face masks.
The CDC confirmed the authenticity of the document, which was first reported by the Washington Post.
While vaccinated people were less likely to become infected, once they contracted such “breakthrough infections” they might be just as likely as the unvaccinated to pass the disease on to others, the document said.
‘VIRUS HAS BECOME FITTER’
The World Health Organization said hard-won gains in battling COVID-19 were being lost as the Delta variant spreads but that vaccination could still save lives.
“The vaccines currently approved by the WHO all provide significant protection against severe disease and hospitalisation,” the global health body’s top emergency expert Mike Ryan told a news briefing. “We are fighting the same virus but a virus that has become fitter.”
The fastest-spreading and most formidable version of the coronavirus that causes COVID-19 has upended assumptions among virologists and epidemiologists about the disease, even as vaccines have let many countries lift social restrictions. Delta has become the dominant variant globally, documented in 132 countries to date, according to the WHO.
On Tuesday, the CDC, which had advised vaccinated people months ago that they no longer needed to wear masks, reversed course, saying even the fully vaccinated should wear face coverings in situations where the virus was likely to spread.
On Thursday, U.S. President Joe Biden urged local governments to pay people to get vaccinated and set new rules requiring federal workers to provide proof of vaccination or face regular testing, mask mandates and travel restrictions.
“The main thing that does change (because of Delta) is that masks will still be used and that in countries where this requirement has been lifted, it will have to be re-introduced,” said Carlo Federico Perno, head of microbiology and immunology diagnostics at Rome’s Bambino Gesù Hospital.
ASIAN COUNTRIES TIGHTEN RESTRICTIONS
Countries in Asia, many of which avoided the worst outcomes that hit Western nations in 2020, have been particularly hard hit in recent weeks by the spread of Delta, first detected in India. Australia, Japan and the Philippines were among countries to announce tighter COVID-19 restrictions on Friday
“We know from the research that it (Delta) has a viral load 1,000 times higher than previous variants, that’s why we see more cases because it transmits more easily and faster,” Dicky Budiman, an epidemiologist from Griffith University in Australia’s Queensland state, told Reuters.
He said Delta appears to cause more severe symptoms, especially regarding breathing difficulties.
Australia, which had previously kept infection under control but has been far slower than other rich countries to vaccinate the public, has been imposing lockdowns. From Monday, army personnel will help police its biggest city Sydney, checking that people who have tested positive are isolating.
The Philippines announced a plan to put the Manila capital region, home to more than 13 million people, in lockdown for two weeks.
India reported its highest number of daily cases in three weeks.
In Japan, where a surge in cases has overshadowed the Olympic Games, the government proposed states of emergency through the end of August in three prefectures near Tokyo and the western prefecture of Osaka.
“Infections are broadening. The situation is extremely severe,” Economy Minister Yasutoshi Nishimura said, warning infections had not yet reached a peak.
Vietnam, which has fully vaccinated less than 1% of its 96 million people, is mobilising private hospitals to take COVID-19 patients. After successfully containing the virus for much of the pandemic, it has been facing record daily increases in infections since late April.
“The COVID-19 pandemic is evolving in a very complicated manner and is on the worsening trend in many cities and provinces,” The Ministry of Health said in a statement.
Reporting by Reuters journalists in Washington, London, New Delhi, Sydney, Hanoi, Tokyo and Bengaluru; Writing by Peter Graff; Editing by Edmund Blair
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Asian nations impose stricter COVID-19 restrictions due to Delta outbreaks - Reuters
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Day 8: What to watch Friday night, Saturday morning at the Tokyo Olympics - NBC Olympics
Track and Field
Medals will be awarded on the track as well as in one field event as the men's discus throw final gets underway on July 31, followed by finals in the 4x400 mixed relay and the women's 100m, just hours after the event's semifinals. As expected, reigning women's 100m world champ Shelly-Ann Fraser-Pryce and Rio gold medalist Elaine Thompson advanced to the semifinals, but they won't get the chance to square off head-to-head until the final.
Earlier in the evening, a number of qualifications and heats will take place in events like the women's 400m hurdles, men's pole vault and men's 100m.
Track and Field Heats
- Start Time: 8 p.m. ET
- Live Stream: Watch
Track and Field Heats and Finals
- Start Time: 6 a.m. ET
- Live Stream: Watch
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July 30, 2021 at 09:39PM
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Day 8: What to watch Friday night, Saturday morning at the Tokyo Olympics - NBC Olympics
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Asia Gold-Price rise dulls retail demand in most Asian centres - Reuters
* Premiums widen slightly to $1-$4 in China
* Mandatory hallmarking of gold jewellery hurt trade in India
* Silver’s recent drop prompts bargain buying in Singapore
July 30 (Reuters) - Physical gold demand was subdued in India this week as rising prices discouraged retail purchases, while top consumer China saw some safety buying though jewellery sales were dull.
Dealers in India this week offered discounts up to $4 an ounce over official domestic prices, inclusive of the 10.75% import and 3% sales levies, compared to $6 discount last week.
“Jewellery stores are open, but retail buying is not picking up. This week demand fell further because of a price rise,” said a Mumbai-based dealer with a bullion importing bank.
On Friday, local gold futures were trading around 48,200 rupees per 10 grams, up nearly 1.5% from a week ago.
India’s move to make hallmarking of gold jewellery and artefacts mandatory from mid-June has disrupted trade due to limited capacity of hallmarking centers, said Dinesh Jain, director of All India Gem and Jewellery Domestic Council.
But demand is likely to recover in the second half of the year as festivals and weddings boost retail purchases in the fourth quarter, the World Gold Council said on Thursday.
In China, premiums widened slightly to $1-$4 an ounce over the benchmark, compared with last week’s premium of $1-$3 an ounce.
“Earlier this week, physical gold was at a $3 discount, but after the U.S. Federal Reserve’s policy meet, we saw some good buying interest, turning that discount back into a premium,” Bernard Sin, regional director at Greater China at MKS, said.
Global benchmark gold prices traded near a two-week high on Friday.
In neighbouring Hong Kong, premiums of $0.80-$1.80 were being charged versus $0.50-$1.70 last week, while Singapore saw premiums of $1.20-$1.50 from $1.5-$2 a week earlier.
Physical gold demand was muted in Singapore, while silver’s drop to a more than 3-month low this week prompted some bargain buying, said Brian Lan, managing director at dealer GoldSilver Central. (Reporting by Rajendra Jhadav in Mumbai and Eileen Soreng, Brijesh Patel, Nakul Iyer in Bengaluru; Editing by Arun Koyyur)
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Asia Gold-Price rise dulls retail demand in most Asian centres - Reuters
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Asian nations impose stricter COVID-19 restrictions due to Delta outbreaks - Reuters
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July 30 (Reuters) - Asian countries from Australia to Japan and the Philippines announced tighter COVID-19 restrictions on Friday, as they battle worsening coronavirus outbreaks, driven by the more contagious Delta variant.
Detected in some 96 countries, the Delta variant, first identified in India, has become a concern globally, prompting even countries with advanced vaccination programmes such as the United States, Israel and Singapore to re-impose some restrictions.
But it is having a bigger impact on Asia where many countries are battling record cases now, as the region's low vaccination rates have left hundreds of millions of people exposed to the highly transmissible variant.
The U.S. Centers for Disease Control and Prevention (CDC) has described Delta to be as contagious as chickenpox and could cause severe illness, the New York Times reported, citing an internal CDC document. read more
The variant was also more likely to break through protections afforded by the vaccines, the report said, adding that the agency's reversal on guidelines for whether fully vaccinated Americans should wear masks was based on this document.
"We know from the research that it (Delta) has a viral load 1,000 times higher than previous variants, that’s why we see more cases because it transmits more easily and faster," Dicky Budiman, an epidemiologist from Griffith University in Queensland, told Reuters.
He said Delta appears to cause more severe symptoms, especially regarding breathing difficulties.
Already under a lockdown, Sydney is now facing its toughest measures yet, including mandatory testing in the worst affected suburbs, as the infection numbers held persistently high five weeks since restrictions began. From Monday, army personnel will help police in Australia's biggest city check that people who have tested positive for the virus are isolating. read more
The Philippines announced a plan on Friday to put the Manila capital region, a sprawl of 16 cities and home to more than 13 million people, in lockdown for two weeks to contain the spread of Delta and to shield the country's medical system. read more
India reported on Friday its highest number of daily cases in three weeks, the latest evidence of a worrying trend of rising cases that has forced one state to lock down amid fears of another wave of infections. read more
In Japan, the government on Friday proposed states of emergency through the end of August in three prefectures near Olympic host Tokyo and the western prefecture of Osaka, as COVID-19 cases spike to records, overshadowing the Summer Games. read more
"Infections are broadening. The situation is extremely severe," Economy Minister Yasutoshi Nishimura said, warning infections have not yet reached a peak, judging by the increased movement of people and high number of Delta cases among those testing positive for the virus.
Vietnam, which has fully vaccinated less than 1% of its 96 million people, is mobilising private hospitals to take COVID-19 patients to contain a worsening outbreak driven by the Delta.
After successfully containing the virus for much of the pandemic, Vietnam has been facing record daily increases in infections since late April.
"The COVID-19 pandemic is evolving in a very complicated manner and is on the worsening trend in many cities and provinces," The Ministry of Health said in a statement.
New studies show that fully vaccinated people who become infected carry as much virus as unvaccinated people do, suggesting they may be able to transmit the infection to others, CDC Director Rochelle Walensky said earlier this week. read more
Reporting by Renju Jose, Byron Kaye and Kate Lamb in Sydney, James Pearson in Hanoi, Neil Jerome Morales in Manila, Shivani Singh, Anuron Kuman Mitra in Bengaluru, Neha Arora in New Delhi; Writing by Miyoung Kim; Editing by Simon Cameron-Moore
Our Standards: The Thomson Reuters Trust Principles.
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Asian nations impose stricter COVID-19 restrictions due to Delta outbreaks - Reuters
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New Music Friday: The Top 8 Albums Out On July 30 : All Songs Considered - NPR
Billie Eilish's sophomore full-length, Happier Than Ever, tops this week's list of the best albums out on July 30. Kelia Anne MacCluskey/Courtesy of the artist
Billie Eilish is back this week with what is by far one of the year's most anticipated releases, her sophomore full-length, Happier Than Ever. At just 19 years old, the singer has dominated the pop music landscape over the past couple of years with a singular sound, a fearless confidence and genuine grace. On this week's show, we give a listen to Happier Than Ever and talk about the many ways it impresses, including Billie Eilish's gift for seeing the beauty - and humor - in everything creepy.
We've also got the first new music in five years from rapper Isaiah Rashad, a long-lost Prince album, the Jack Antonoff project Bleachers, the singer Yola and more. NPR Music's Ann Powers, Alt.Latino host Felix Contreras and Lyndsey McKenna join Radio Milwaukee's Tarik Moody and WXPN's John Morrison, along with host Robin Hilton, as they share their picks for the best new albums out on July 30.
Featured Albums:
- Billie Eilish — Happier Than Ever
Featured Song: "NDA" - Isaiah Rashad — The House Is Burning
Featured Songs: "True Story" and "HB2U" - Bleachers — Take the Sadness Out Of Saturday Night
Featured Songs: "Stop Making This Hurt" and "91" - Los Lobos — Native Sons
Featured Song: "The World Is A Ghetto" - Prince — Welcome 2 America
Featured Song: "One Day We Will All Be Free" - Torres — Thirstier
Featured Song: "Are You Sleep Walking?" - Yola — Stand For Myself
Featured Song: "If I Had To Do It All Again" - Skirts — Great Big Wild Oak
Featured Song: "Easy"
Other notable releases for July 30: Leela James — See Me; LUMP — Animal; Naia Izumi — A Residency in the Los Angeles Area; Poise — Vestiges; Son Volt — Electro Melodier.
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Thursday, July 29, 2021
Asian shares down, set for worst month since March 2020 - Reuters
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SHANGHAI, July 30 (Reuters) - Asian shares slipped on Friday, with a gauge of regional equities set for its biggest monthly drop since the height of global pandemic lockdowns last March, while the dollar lagged near one-month lows on expectations of continued Fed stimulus.
But the stock market losses were moderate compared with sharp falls earlier in the week that had been sparked by investor fears over the impact of regulatory actions in China against the education, property and tech sectors.
Reassurances from Chinese regulators and official media have helped to soothe investors' nerves, as have statements from the U.S. Federal Reserve that its bond-buying programme will remain unchanged for now. The U.S. posted strong second-quarter growth helped by rising vaccinations and government aid, but the expansion fell short of expectations. read more
Robust U.S. earnings and forecasts also helped to lift Wall Street to record intraday highs on Thursday.
On Friday, MSCI's broadest index of Asia-Pacific shares outside Japan (.MIAPJ0000PUS) fell 0.84%, taking its losses for the week to more than 6.5%. Japan's Nikkei (.N225) dipped 1.71%, set for an 11th straight month of falls on the last trading day in the month.
Chinese blue-chips (.CSI300) fell 0.96%, and Hong Kong's Hang Seng (.HSI) fell 1.27%, with tech stocks once again dragging. The Hang Seng Tech index (.HSTECH) deepened its losses for the week to more than 17%. Seoul's Kospi (.KS11) was last down 0.94% on the day.
"It's clear investors are very rattled by the regulatory crackdown," said Michael Frazis, portfolio manager at Frazis Capital Partners in Sydney, adding that the market continues to face other near-term pressure.
"You will have talk about tapering, and you do have a lot of coronavirus beneficiaries which are largely in the tech sector. Growth will be slow, and they will be reporting numbers off of very high bases for this time last year... We expect tech indices to be challenged in the near term, but we're very optimistic over the medium and long term."
Lower-than-expected revenue reported by Amazon.com Inc (AMZN.O) on Thursday, and the company's forecast of slower sales growth in the coming quarters weighed on U.S. stock futures early in the Asian trading day.
Nasdaq e-mini futures slid 1.35% and S&P 500 e-minis were down 0.82%.
DOLLAR IN DOLDRUMS
After rising Thursday on U.S. economic growth data, U.S. Treasury yields pulled back, particularly toward the long end of the yield curve.
Benchmark 10-year notes last yielded 1.2509%, down from 1.269% late on Thursday, and the 30-year yield stood at 1.9001%, down from 1.916% on Thursday.
The spread between the U.S. 10-year and 2-year yield narrowed to 104.5 basis points.
"We think bond yields now discount an unduly pessimistic view of the medium- to long-term outlook... The prospects for a robust recovery - and higher bond yields - are arguably much better," analysts at Capital Economics said in a client note.
But following Fed Chairman Jerome Powell's statement earlier this week that rate increases are "a ways away" and the job market still had "some ground to cover", the dollar wallowed near one-month lows on Friday and was set for its worst week since May.
The dollar index was last up 0.09% at 91.967, with the euro down slightly at $1.1879. The greenback was barely higher against the yen at 109.50.
In commodities markets, oil prices fell back after global benchmark Brent topped $76 a barrel on tight U.S. supplies.
Brent was down 0.53% at $75.65 per barrel and U.S. West Texas Intermediate crude traded down 0.52% at $73.24.
Spot gold was flat at $1,827.94 an ounce.
Reporting by Andrew Galbraith; Editing by Christopher Cushing
Our Standards: The Thomson Reuters Trust Principles.
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July 30, 2021 at 09:50AM
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