Asia business news roundup for today

Here's a roundup of Asia business news for today:

China:

• China's economy grew 6.1% in the fourth quarter of 2020, beating expectations and marking a rebound from a 6.5% contraction in the previous quarter. (Source: Reuters)
• China's central bank has injected 500 billion yuan ($72 billion) into the financial system to stabilize the economy and support small businesses. (Source: Bloomberg)
• Alibaba Group Holding Ltd. has launched a new e-commerce platform in China, targeting small and medium-sized enterprises. (Source: The Wall Street Journal)

Japan:

• Japan's economy contracted 4.8% in the fourth quarter of 2020, worse than expected, due to the COVID-19 pandemic. (Source: Reuters)
• Japan's government has approved a stimulus package worth 73.6 trillion yen ($680 billion) to support the economy and combat the pandemic. (Source: Nikkei Asian Review)
• Toyota Motor Corp. has announced plans to invest 1.5 trillion yen ($13.7 billion) in its Japanese operations over the next five years. (Source: The Japan Times)

South Korea:

• South Korea's economy grew 1.1% in the fourth quarter of 2020, driven by a rebound in exports and consumption. (Source: Yonhap News Agency)
• Samsung Electronics Co. has announced plans to invest 133 trillion won ($114 billion) in its semiconductor business over the next three years. (Source: The Korea Herald)
• Hyundai Motor Group has launched a new electric vehicle brand, Hyundai Ioniq, in South Korea. (Source: The Korea Times)

India:

• India's economy grew 0.4% in the third quarter of 2020, marking a slow recovery from a contraction in the previous quarter. (Source: Reuters)
• India's government has approved a stimulus package worth 2.5 trillion rupees ($33.5 billion) to support the economy and combat the pandemic. (Source: The Hindu)
• Reliance Industries Ltd. has announced plans to invest 1.5 trillion rupees ($20 billion) in its digital business over the next three years. (Source: The Economic Times)

ASEAN:

• The Association of Southeast Asian Nations (ASEAN) has launched a new e-commerce platform, ASEAN e-commerce platform, to promote trade and economic integration in the region. (Source: The Straits Times)
• Indonesia's economy grew 2.9% in the fourth quarter of 2020, driven by a rebound in exports and consumption. (Source: Antara News Agency)
• Malaysia's economy contracted 3.4% in the fourth quarter of 2020, worse than expected, due to the COVID-19 pandemic. (Source: The Star)

These are just some of the top Asia business news stories for today. If you'd like more information or specific news on a particular country or industry, feel free to ask!