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Coronavirus: Free to read

Coronavirus: Week of Apr. 5 to Apr. 11, Global death toll reaches 100,000

Kyoto asks to be put under emergency decree; Vietnam preps $2.66bn safety net

Gravediggers wear protective suits in preparing a plot in Manaus, Brazil.   © Reuters

The Nikkei Asian Review is tracking the spread of the new coronavirus that originated in the central Chinese city of Wuhan.

Follow the latest updates.

Global cases have reached 1,569,504, according to the World Health Organization.

To see how the disease has spread, click this interactive virus tracker:

Here are the latest developments (Tokyo time):

UPDATES CLOSED

Saturday, April 11

3:10 p.m. India's confirmed coronavirus cases reach 7,447, up 1,035 from Friday morning and the biggest 24-hour increase. The death toll is at 239, up 40 since Friday morning, according to the Ministry of Health and Family Welfare.

4:25 a.m. Turkey is imposing a lockdown on 31 provinces for two days starting Friday midnight, according to the Interior Ministry. The curfew covers Instanbul, Ankara and other major cities.

3:18 a.m. The global death toll from the virus surpasses 100,000, according to Johns Hopkins University's Coronavirus Resource Center.

2:28 a.m. Turkey's death toll reaches 1,006, including 98 in the prior 24 hours, the health minister says Friday evening. The number of confirmed cases totals 47,029.

1:53 a.m. India reports 896 newly confirmed cases on Friday, topping the previous single-day record of 704 on April 6. The daily death toll climbs to a record 37, with the cumulative total reaching 206.

1:30 a.m. Japanese Prime Minister Shinzo Abe speaks with his Indian counterpart Narendra Modi on the phone and thanks him for his help in repatriating Japanese nationals stranded in India. As of Tuesday, 2,139 Japanese had returned to Japan from India via chartered flights.

1:00 a.m. Major League Baseball is considering a plan that would have all 30 teams play regular-season games at their spring training sites in Florida and Arizona without fans, USA Today reports.

12:36 a.m. Taiwanese authorities say operatives in mainland China attempted to paint Taiwan as the source of online abuse against the World Health Organization.

Friday, April 10

6:18 p.m. Japanese staffing company Recruit Holdings is seeking credit lines totaling 450 billion yen ($4.15 billion) from the country's three largest banking groups as its finances are hit by higher compensation payments to contract employees let go as a result of the novel coronavirus outbreak.

6:03 p.m. Bangladesh is seeking $700 million in financial backing from the International Monetary Fund after rolling out its biggest-ever stimulus package.

5:53 p.m. Malaysia's Prime Minister Muhyiddin Yassin announced that a lockdown that was supposed to end on April 14 will be extended by another two weeks through April 28. He also hinted that it might be extended again, until the government is convinced the outbreak has been dealt with.

3:01 p.m. Thailand reports 50 new cases, bringing its total to 2,473. The daily increase shrank marginally from 54 the previous day. One fatality was reported, taking the total to 33.

2:28 p.m. India confirms 678 more coronavirus cases, compared to 540 on Thursday, taking its total to 6,412, according to the Ministry of Health and Family Welfare. The virus has killed 199 people in the country.

1:44 p.m. Yemen reports its first coronavirus case, according to the supreme national emergency committee. Earlier in the week, Saudi Arabia announced a cease-fire in its war in Yemen, citing pandemic fears.

1:13 p.m. Gov. Hideaki Omura of Japan's Aichi Prefecture issues a prefecture-specific emergency declaration. Aichi has fallen out of the scope of the national government's emergency declaration, and Gov. Omura has called for that to change.

12:16 p.m. The Vietnamese government prepares social security aid of 62 trillion dong ($2.66 billion) to support indirect victims of the virus, including workers who have their pay cut or lose their jobs, small family business owners and low-income people. In March, Hanoi announced aid of around 280 trillion dong for directly impacted enterprises.

11:45 a.m. Kyoto Prefecture and Kyoto City are to request that the central government add them to the list of regions that have been put under an emergency decree as the prefecture's infection numbers are rapidly increasing. They say they must begin coordinating their counter-virus efforts with neighboring Osaka and Hyogo prefectures this weekend.

A man walks along a street in Gion, Kyoto's most famous geisha district, on March 15.   © Reuters

10:47 a.m. Data from China's National Bureau of Statistics show that the producer price index in March fell 1.5% from a year earlier, with prices falling the most in five months.

10:20 a.m. South Korea confirms 27 new cases, fewer than 39 on Thursday and 53 on Wednesday. The total number stands at 10,450 with 208 deaths.

9:54 a.m. China's National Health Commission reports 42 new coronavirus cases on Friday, compared with 63 a day earlier, bringing total infections to 81,907. The death toll rose by one to 3,336. The commission says it is seeing a fall, particularly in imported and asymptomatic infections, which authorities fear could spawn a second wave of COVID-19 as city and travel restrictions are lifted.

9:30 a.m. The leaders of Japan, China, South Korea, and the 10-member Association of Southeast Asian Nations will hold a video conference on April 14 to discuss their response to the new coronavirus, the government of Vietnam, the ASEAN chair, announced on Thursday.

8:35 a.m. OPEC and allies led by Russia agree to cut oil output by more than a fifth, saying they expect the U.S. and other producers to join in their effort to prop up prices.

5:00 a.m. U.S. stocks advance again, with the Dow Jones Industrial Average rising around 1.2% and the S&P 500 gaining about 1.4%.

4:03 a.m. Baseball -- arguably the most popular local professional sport in Taiwan, Japan and South Korea -- is having a rough season. Read about the business impact in this week's Industry in focus.

The director-general of World Health Organization, Tedros Adhanom Ghebreyesus, attends a news conference in Geneva on March 16.   © Reuters

4:00 a.m. Oil prices are seesawing ahead of the outcome of talks on production cuts between OPEC and Russia.

3:57 a.m. U.K. Prime Minister Boris Johnson has left intensive care, his government says.

3:12 a.m. Taiwan rejects accusations that racial slurs against WHO chief Tedros Adhanom Ghebreyesus had come from the island.

3:03 a.m. Foreign luxury brands quietly began packing up and leaving Hong Kong last fall as protests made it harder for them to operate, but the trend has picked up speed during the coronavirus crisis.

2:19 a.m. Fresh data show that international investors unloaded Japanese equities for eight straight weeks through April 3 at a pace roughly 50% greater than after the 2008 financial crisis.

12:41 a.m. Japan's ruling Liberal Democratic Party tells lawmakers not to return to their constituencies but use online channels instead to communicate with local residents.

12:00 a.m. Jakarta residents face penalties including jail time for violating social distancing rules, the Indonesian capital's governor says.

Thursday, April 9

11:59 p.m. Japan's government is weighing the addition of Aichi Prefecture, home of Toyota Motor and the country's fourth-largest city, Nagoya, to its recent emergency declarations, as well as other regions.

11:05 p.m. Japan reports a daily increase of 565 COVID-19 cases as of 10 p.m., bringing the total to 5,432.

10:32 p.m. India's government approves a 150 billion rupee ($2 billion) package for coronavirus "emergency response and health system preparedness," including development of diagnostic and treatment facilities, procurement of essential medical equipment, and drugs for infected people.

10:30 p.m. U.S. stocks open higher following the Fed's latest move, with the Dow Jones Industrial Average rising over 300 points.

10:10 p.m. The U.S. Federal Reserve announces up to $2.3 trillion in additional lending to support the nation's economy. The move comes as another 6.6 million Americans file for unemployment benefits in a week, bringing the total since mid-March to more than 16 million.

7:14 p.m. Bangkok, along with 17 other provinces in Thailand, is banning alcohol sales from April 10 to 20 to try to curb the spread of COVID-19.

Bangkok and 17 Thai provinces ban alcohol sales from April 10 to 20 to try to curb the spread of COVID-19.   © Reuters

6:27 p.m. Bangladesh confirms 112 new coronavirus cases, bringing the tally to 330, including 21 deaths.

6:23 p.m. Fujifilm Holdings will start U.S. clinical trials of Avigan, its flu-fighter that is said to be effective in treating the novel coronavirus, within the week. The trials, which the company started in Tokyo at the end of March, will involve about 50 COVID-19 patients in the U.S.

5:51 p.m. Indonesia has reported 337 new cases and 40 new fatalities -- both new daily highs -- bringing the total to 3,293 cases and 280 deaths. Following the Jakarta governor's announcement of wider social distancing measures set to take effect from Friday, President Joko Widodo on Thursday announced a relief package worth $1.2 billion, including the provision of food staples for low-income households of Jakarta and surrounding cities and direct cash assistance to low-income families elsewhere.

5:45 p.m. The Bank of England has agreed to lend money to the U.K. government to fight the spread of COVID-19 if funds cannot immediately be raised from debt markets, reviving a measure last used during the 2008 financial crisis, Reuters reported.

5:18 p.m. Odisha has become the first Indian state to extend the ongoing three-week lockdown to the end of April to control the spread of coronavirus. The state has also requested that the central government not restart air and train services until the end of the month.

5:11 p.m. Tokyo confirms 181 new cases of infection, sources tell Nikkei, a record daily increase. The number of infections in the capital has risen steadily, from 144 new cases on Wednesday.

4:34 p.m. China's Ministry of Education will suspend study in Taiwan for all its students for the rest of the year, citing "coronavirus spreading concerns and current Beijing-Taipei relations." The suspension does not apply to those who are already on the island. Chinese institutions of higher education will continue allowing Taiwanese students on campus this year.

3:24 p.m. The number of newly confirmed COVID-19 cases in Thailand is in flux. The government reported 54 new cases as of April 9, less than half the 111 cases logged April 8, which in turn, jumped from 38 cases on April 7. The latest numbers bring the total number of cases to 2,423. Thailand reported two deaths from the virus on Thursday, raising the death toll to 32.

2:30 p.m. Nissan Motor is seeking a credit line worth 500 billion yen ($4.6 billion) from Japanese banks led by Mizuho Bank. The move is aimed at staving off any funding problems for the Japanese automaker as vehicle sales plunge amid the coronavirus outbreak.

2:17 p.m. India confirms 540 more coronavirus cases, taking the total to 5,734, including 166 deaths, according to the Ministry of Health and Family Welfare.

2:11 p.m. The Bank of Japan downgrades its assessment of all nine regional economies amid the new coronavirus outbreak. It is the first time for the central bank to lower its view on all the regions since January 2009 when it did due to the 2008 financial crisis.

12:50 p.m. Australian police seize the "black box" of a cruise ship at the center of a homicide investigation into the country's deadliest source of coronavirus infection. The Ruby Princess, owned by Carnival Corp., has become a focus of public anger after authorities granted it permission to disembark passengers last month without health checks. Hundreds of them later tested positive and 15 have died.

11:00 a.m. The Tokyo Metropolitan Government has decided not to request barber shops to close as part of measures to prevent coronavirus infections, sources tell Nikkei. Tokyo Gov. Yuriko Koike is trying to narrow the gap between Tokyo and the central government over what businesses should shut their doors after a state of emergency was declared.

10:28 a.m. South Korea confirms 39 new cases, marking the first time for the country to report fewer than 40 cases since Feb. 20. The new tally raises the total number to 10,423, with 204 deaths.

7:30 a.m. Starbucks forecasts a 47% drop in second-quarter earnings, scrapping its full-year forecast. The global coffee chain operator warns that the financial hit from the coronavirus pandemic would extend into the final quarter of the fiscal year 2020.

The company also said it would temporarily suspend its share buyback program and take steps to cut costs, but would maintain its quarterly dividend.

6:54 a.m. California agrees with Chinese electric carmaker BYD to supply the state with personal protection gear, including masks, the government's office says.

6:40 a.m. Chugai Pharmaceutical will begin a clinical trial in Japan for its Actemra arthritis medication to treat patients with pneumonia caused by the coronavirus.

5:00 a.m. U.S. stocks pull off the rebound that failed in yesterday's market. The Dow Jones Industrial Average and the S&P 500 both rise more than 3%.

4:41 a.m. Bahrain's government says it will spend $570 million to pay the salaries of all 100,000 of its citizens employed in the private sector from April to June. Citizens and businesses will also receive aid for electricity and water bills as well as tax breaks to soften the economic blow of the pandemic.

4:09 a.m. Toyota extends its production stoppage in North America to May 1 from April 17. The automaker will furlough around 5,000 temporary hires in the U.S., Canada and Mexico.

4:00 a.m. China's euphoria over what was touted as "great success in containing the plague" is now being replaced by a sense of caution. Read more in this week's China up close.

2:52 a.m. Memory chips and cars are two industries returning to full production in Wuhan now that the lockdown in the coronavirus outbreak epicenter's has ended.

2:28 a.m. Low-income informal workers are among the most vulnerable to financial hardship, and with the coronavirus bringing economic activity to a standstill, Southeast Asian countries are extending cash and other assistance.

Migrant workers are seen on a bus arranged by the Uttar Pradesh state government to transport people stranded during a 21-day nationwide lockdown on March 28.   © Reuters

2:11 a.m. India's most populous state, Uttar Pradesh -- home to 200 million people -- says it will seal 104 "hot spots" or concentrated clusters of coronavirus cases from midnight for a week to contain the spread of infections. Residents will be required to stay indoors, and all essentials, including medicines, will be delivered to their doorstep.

In New Delhi, the local government says it has identified and sealed off 20 hot spots, barring entry to and exit from these areas, and made wearing face masks mandatory in public. All parts of India are already under a three-week lockdown since March 25 with only limited movement allowed to buy groceries and other essentials.

2:00 a.m. Taiwanese iPhone assembler Foxconn, the world's largest contract manufacturer, will begin producing ventilators in the U.S. to help ease a shortage there.

12:10 a.m. The closely watched University of Washington model on the U.S. coronavirus outbreak has lowered its projected death toll by 26% to 60,000, Reuters reports. New York City Mayor Bill de Blasio points to less-than-expected demand for ventilators as a positive sign.

Wednesday, April 8

11:26 p.m. Japan confirms 483 new cases of coronavirus infection as of 10 p.m., the biggest daily increase to date, bringing the total to 4,846. Deaths surpass 100 to reach 103.

10:30 p.m. U.S. stocks open higher, with the Dow Jones Industrial Average and the S&P 500 rising just over 1%.

8:10 p.m. Hong Kong rolls out new relief measures worth HK$137.5 billion ($17.7 billion), or 4.6% of the city's gross domestic product. The assistance includes a wage plan that covers half of employee salaries for six months, more government jobs, loan guarantees, transportation subsidies and postponed tax payments. Chief Executive Carrie Lam and her ministers will take a 10% pay cut in the coming 12 months.

7:48 p.m. Officials from the World Health Organization push back against U.S. President Donald Trump's claim that the global body is "very China centric" and his threat to withdraw funding, Reuters reports. "We are still in the acute phase of a pandemic so now is not the time to cut back on funding," Dr. Hans Kluge, the WHO regional director for Europe, tells a virtual briefing.

5:52 p.m. Indonesia announces 218 new confirmed cases on Wednesday, bringing the total to 2,956, which includes 240 deaths. Jakarta, which has half of all cases, is set to step up social distancing measures by shutting most businesses and offices except in key sectors such as food, logistics, banking and telecommunication services. Gov. Anies Baswedan has not mentioned any sanctions for offenders, but police are ready to increase patrols and will forcibly disperse crowds of more than five people. The new measures are set to take effect on Friday.

5:30 p.m. Russia's crisis response center says the country's number of reported infections rose by 1,175, a record daily increase, with five new deaths pushing the total to 63. It was the second consecutive day the number of infections topped 1,000, taking the total to 8,672.

An employee works in the sewing shop of Blockpost enterprise, which produces protective masks used as a preventive measure against the coronavirus disease, in the village of Kochubeyevskoye in the Stavropol region, Russia.   © Reuters

5:01 p.m. Tokyo has confirmed 144 new cases of coronavirus infection, sources tell Nikkei, the highest daily increase yet for the Japanese capital. Gov. Yuriko Koike is negotiating with the central government over emergency measures, including shop closures, set to be announced by Friday. After Japanese Prime Minister Shinzo Abe declared a state of emergency over the new coronavirus on Tuesday and called for reduced people-to-people contact, the streets of Tokyo were far from deserted on Wednesday.

4 p.m. Rating agency S&P Global Ratings downgrades its outlook on Australia's sovereign debt to "negative" from "stable," citing fiscal and economic risks from the coronavirus pandemic. Australia and Singapore are the only Asia-Pacific nations whose debt carries the agency's top rating of "AAA," but S&P warns of the growing chance of Australia's first recession in almost three decades and the cost of government stimulus packages.

3:28 p.m. Thailand reports 111 new confirmed COVID-19 cases as of April 8, bringing the total to 2,369. Of the new cases, 42 are returnees from Indonesia. The kingdom tallied three more deaths from the virus, bringing the death toll to 30.

2:11 p.m. Japan's service sector sentiment index plunges in March, as the coronavirus outbreak prompted travel bans and social distancing policies hurt consumption, a Cabinet Office survey showed. The survey of workers such as taxi drivers, hotel workers and restaurant staff, which measures their confidence about current economic conditions, dropped to 14.2 from 27.4 in February, lower than after the global financial crisis in 2008 and the earthquake and tsunami in northeastern Japan in 2011.

2:10 p.m. India confirms 773 more coronavirus cases, taking the total to 5,194, including 149 deaths, according to the Ministry of Health and Family Welfare.

12:20 p.m. China's National Health Commission says new coronavirus cases nearly doubled in 24 hours, to 62 on Tuesday from 32, the highest number since March 25. Imported infections accounted for 59 of the cases. The number of new asymptomatic cases, meanwhile, rose to 137 from 30 a day earlier, with incoming travelers accounting for 102 of the latest batch.

11:30 a.m. The governors of Tokyo, Osaka and five other Japanese prefectures teleconference with Economic and Fiscal Policy Minister Yasutoshi Nishimura to hash out differences over what kinds of shops should be shut down under the central government's emergency decree. One clash is over barber shops: Tokyo wants to shut them down while the central government does not.

Tokyo Gov. Yuriko Koike has different ideas from those of the central government about what kind of shops should be closed under the coronavirus state of emergency.   © Kyodo

10:35 a.m. South Korea confirms 53 more cases, raising the total number to 10,384 with 200 deaths.

8:30 a.m. Brazil faces a "serious problem" concerning a shortage of ventilators and requested that China ensure filling an order for masks amid rising deaths in the country, Reuters reports. Brazil has confirmed 13,717 cases and 667 deaths, which exceeded 100 in 24 hours for the first time.

6:25 a.m. The U.S. will commit an additional $225 million to "reduce transmission" of the highly contagious novel coronavirus and bolster the global response, Secretary of State Mike Pompeo said Tuesday.

5:36 a.m. The acting U.S. Navy secretary, Thomas Modly, resigns to take responsibility for his bungled response to a virus outbreak aboard an aircraft carrier.

5:00 a.m. U.S. stocks give up all their early gains to close slightly to the negative. The Dow Jones Industrial Average falls 0.12%, while the S&P 500 loses 0.16%.

4:00 a.m. As the pandemic's front line advances from country to country, the experience of doctors and nurses who have worked through the first wave is a lifeline for their colleagues in countries like Australia, for whom the worst could be yet to come. Read more in this week's cover story.

President Donald Trump accuses the World Health Organization of being "China-centric."   © Reuters

3:50 a.m. The Trump administration seeks an additional $250 billion in emergency economic aid for small U.S. businesses hit by the pandemic, Treasury Secretary Steven Mnuchin tweets.

3:00 a.m. China reopens Wuhan from its coronavirus lockdown dating back to January.

1:30 a.m. U.S. President Donald Trump criticizes the "very China centric" World Health Organization. "Fortunately I rejected their advice on keeping our borders open to China early on. Why did they give us such a faulty recommendation," Trump tweets

1:00 a.m. New York suffers the most COVID-19 deaths in a 24-hour period, reporting 731 more victims. New York overtakes Italy in terms of confirmed cases of the diseases, with 138,836 versus the European nation's 135,586.

12:47 a.m. Ren Zhiqiang, the former property executive who went missing last month after criticizing President Xi Jinping's handling of the coronavirus pandemic, is under investigation for a "serious disciplinary violation," a Chinese Communist Party's watchdog says.

12:23 a.m. The Chinese official who had said the U.S. military may have brought the novel coronavirus to Wuhan returns for his first news conference in about a month.

The Chinese national flag flies at half-mast behind a statue of late Chinese chairman Mao Zedong in Wuhan as China holds a national mourning for those who died of COVID-19.   © Reuters

Tuesday, April 7

11:50 p.m. For years, Japan's medical establishment has been reluctant to embrace telemedicine. The coronavirus outbreak is changing that.

11:00 p.m. Nissan and Honda plan thousands of U.S. layoffs and furloughs as America continues to hunker down.

10:30 p.m. U.S. stocks open higher, extending the previous day's gains. The Dow Jones Industrial Average and the S&P 500 both climb more than 3% at the opening bell.

8:40 p.m. Thailand's cabinet approves a 1.9 trillion baht ($58 billion) stimulus package -- the third batch of measures to support Southeast Asia's second-largest economy.

8:00 p.m. The Centre for Monitoring Indian Economy, a private think tank, says the country's unemployment rate jumped to 23.4% as of Sunday, from 8.8% on March 22, just before Prime Minister Narendra Modi imposed a nationwide three-week lockdown. The think tank says the number of employed workers plunged to 396 million at the end of March, from 411 million in January, meaning 15 million people lost their jobs.

7:50 p.m. Taiwan's Executive Yuan bans government agencies from using video conferencing tools deemed potential security threats, such as Zoom. Vice Premier Chen Chi-mai says all agencies should use Taiwan-made software if possible, and if not, they should opt for tools from Microsoft or Google.

6:15 p.m. Indonesia reports 247 new cases, bringing the total to 2,738 with 221 deaths. The health ministry, meanwhile, approves a "large-scale social distancing" policy for Jakarta, which will allow Gov. Anies Baswedan to impose tougher measures to restrict the public's movements. Other provinces are preparing to impose 14-day quarantines on arrivals to their jurisdictions ahead of the Islamic fasting month of Ramadan.

6:04 p.m. The Philippines reports 104 new infections, bringing the total to 3,764, with 177 deaths and 84 recoveries.

3:12 p.m. Thailand reports 38 new COVID-19 cases, the smallest daily increase since March 18. Its total confirmed cases now stand at 2,258.

2:01 p.m. Hun Sen postpones the Cambodian New Year holiday. According to the Phnom Penh Post, the prime minister said the holiday, from April 13 to April 16, will be pushed back and urged citizens to not travel during the period, when Cambodians traditionally visit family in the provinces. Cambodia has reported 115 cases.

1:54 p.m. India confirms 354 more cases, taking the total to 4,421, with 114 deaths, according to the Ministry of Health and Family Welfare.

Workers disinfect a passenger train converted into a coronavirus isolation facility near Kolkata. Millions of Indian workers have lost their jobs amid the country's lockdown.    © Reuters

1:09 p.m. The Singapore government tables a bill in parliament that sought to ensure a general election could be held safely if called during the pandemic.

11:29 a.m. South Korea confirms 47 more cases, raising its total to 10,331, with 192 deaths. In addition, the country extends its "strengthened social distancing" policy for two more weeks, to April 19.

11:19 a.m. The Philippines will extend the lockdown of Luzon Island until April 30, says Cabinet Secretary Karlo Nograles, the spokesperson of the interagency task force fighting the virus.

10:57 a.m. Mainland China reports a decline in imported coronavirus cases, after having closed its borders to virtually all foreigners and increasing its vigilance of infected people who show no symptoms. Mainland China had 32 new confirmed cases on Monday, down from 39 a day earlier, the National Health Commission says.

10:30 a.m. Australian job advertisements in March suffered their largest drop in more than a decade as strict social distancing rules and business closures took effect. Tuesday's figures from the Australia and New Zealand Banking Group show total job ads fell 10.3% in March, erasing a 1.2% gain the month before. It was the steepest decline since January 2009, when the global financial crisis was raging.

09:47 a.m. Oil rose on Tuesday amid hopes that big producers will cut production, as slowing economic activity reduces demand for crude.

09:39 a.m. Mexico records 296 new cases, bringing the country total to 2,439 confirmed cases and 125 deaths.

09:11 a.m. India lifts restrictions on the export of 24 pharmaceutical ingredients and medicines made from them, excluding the pain reliever paracetamol and its formulations.

08:56 a.m. Panama records 112 new cases, bringing the country total to 2,100 confirmed cases and 55 deaths.

07:45 a.m. U.S. President Donald Trump at the White House's daily briefing Monday said the country had completed nearly 1.8 million tests by Sunday, adding that he got tested again a couple of days ago.

5:00 a.m. U.S. stocks close sharply higher, with the Dow Jones Industrial Average rising over 1,600 points, or 7.7%. The S&P 500 gains 7%. Markets appear to welcome New York Gov. Andrew Cuomo's comments on a possible peak in NY cases of COVID-19.

4:41 a.m. British Prime Minister Boris Johnson has been taken into intensive care in hospital after his COVID-19 worsened.

3:44 a.m. Japan's proposed $1 trillion stimulus package offers $18,000 to mom and pop businesses struggling with a plunge in demand.

3:00 a.m. U.S. deaths from COVID-19 top 10,000, led by New York City, which has more than 3,000 victims, according to Johns Hopkins University's Coronavirus Resource Center.

A U.S. flag hangs on the front of the New York Stock Exchange.   © Reuters

2:22 a.m. After declaring victory on stemming the coronavirus outbreak, China aims to stimulate depressed consumer spending with subsidies for auto purchases and looser caps on car ownership.

2:00 a.m. Yoshio Tateishi, a member of the founding family of Japanese electronics maker Omron, has been diagnosed with COVID-19. The 80-year-old is a former head of the Kyoto Chamber of Commerce and Industry.

1:41 a.m. U.K. shares gain as new infections slow in some European countries, with the benchmark FTSE 100 index closing 3.1% higher.

1:15 a.m. New York is potentially nearing an apex in coronavirus infections, Gov. Andrew Cuomo says.

12:30 a.m. Singapore and Thailand are at risk of falling into economic contraction this year, while other Asian economies face sharply slower growth, a survey finds.

12:07 a.m. Confirmed coronavirus cases in Japan as of 10 p.m. Monday rise by 220 to 3,986.

Monday, April 6

10:30 a.m. U.S. stocks open higher on hopes the worst of the pandemic is over, with the Dow Jones Industrial Average rising over 800 points, or nearly 4%. The S&P 500 climbs about 4%.

9:45 p.m. Wall Street bank JPMorgan Chase may put its dividend on hold for the first time, CEO Jamie Dimon says in a letter to shareholders.

9:00 p.m. Spain says there were 637 coronavirus-related deaths Sunday, the lowest daily toll there since March 24, local newspaper El Pais reports, citing the Spanish Health Ministry. It also marks the fourth day of declines after daily fatalities peaked April 2 at 950.

8:56 p.m. Germany draws up a list of steps -- including mandatory wearing of masks in public, limits on gatherings and the rapid tracing of infection chains -- to help enable a phased return to normal life after its coronavirus lockdown is set to end on April 19, Reuters reports.

8:00 p.m. India's union cabinet approves cutting the salaries of Prime Minister Narendra Modi and other ministers by 30% for one year, as the country combats the coronavirus and its negative economic impact, local media report, citing one of the ministers.

7:45 p.m. The English-language Vietnam News reports that the justice department in Hanoi, Vietnam's capital city, is strengthening coronavirus-fighting measures by imposing fines, including those worth a maximum $12.74 on people who fail to wear face masks in public and $212 on those who litter places with used masks.

7:33 p.m. Thailand extends a landing ban on international passenger flights. The measure was originally set to end April 6, but will now last until April 18. All flight permits granted for the period are canceled.

6:52 p.m. Japanese Prime Minister Shinzo Abe says he plans to declare a state of emergency in seven prefectures -- Tokyo, Kanagawa, Saitama, Chiba, Osaka, Hyogo and Fukuoka -- but adds, "we will not lock cities down." The advance notice pushes companies and their employees to prepare for an extended period of teleworking.

5:54 p.m. The Philippines reports 414 new coronavirus infections, bringing its total to 3,660 cases, with 163 deaths.

Hospital workers wearing face masks prepare to sleep on cushions placed on pews at a funeral chapel temporarily sheltering health workers from a nearby hospital taking in coronavirus patients, in Makati City, Metro Manila.   © Reuters

5:46 p.m. Indonesia reports 218 new cases on Monday, bringing the total to 2,491 with 209 deaths and 192 people who have recovered. Jakarta's manpower agency over the weekend reported that more than 30,000 workers have been laid off and 132,000 put on unpaid leave in the Indonesian capital due to the coronavirus crisis.

5:30 p.m. Tokyo confirms 83 new infections, sources say, as the Japanese government moves closer to declaring a state of emergency that would likely be applied to the capital and Osaka areas.

4 p.m. Singapore unveils S$5.1 billion ($3.55 billion) in additional economic spending measures such as wage support, a waiver on levies and one-off payments to combat the coronavirus pandemic. The steps will increase total spending on coronavirus relief to S$59.9 billion, or 12% of gross domestic product. Singapore has reported a total of 1,309 coronavirus infections and six deaths.

2:58 p.m. India confirms 693 more coronavirus cases, taking its total to 4,067, according to a Health and Family Welfare Ministry report. The number of deaths jumps to 109, up 32 from Sunday morning and marking the country's largest 24-hour increase.

1:10 p.m. Indonesia paroled over 30,000 prisoners on Sunday after officials worried that overcrowded prisons could accelerate spread of the virus among inmates.

A man salutes during a national day of mourning for COVID-19 victims in Beijing on April 4.   © Reuters

12:10 p.m. China reports 78 new asymptomatic infections on the mainland as of Sunday, compared with 47 the day before. It also confirms 39 new cases on the same day, up from 30 on Saturday.

10:22 a.m. South Korea confirms 47 more cases, raising the total number to 10,284 with 186 deaths. It is the first time South Korea reported fewer than 50 new cases since the Feb. 29 peak.

9:34 a.m. Japanese Prime Minister Shinzo Abe has decided to declare a coronavirus emergency, Nikkei learns, as new cases in Tokyo increase at a record pace. Tokyo and surrounding areas, as well as Osaka, are expected to be affected by the declaration.

5:18 a.m. U.K. Prime Minister Boris Johnson has been admitted to a hospital with persistent coronavirus symptoms, British media reports.

4:00 a.m. Britain's Queen Elizabeth addresses the nation about the crisis: "Better days will return, we will be with our friends again, we will be with our families again, we will meet again."

Sunday, April 5

8:30 p.m. Singapore reports 120 new coronavirus cases in record daily jump.

7:00 p.m. Tokyo Governor Koike confirms record 143 new coronavirus infections.

3:59 p.m. Iran's president said on Sunday "low-risk" economic activities would resume from April 11 in the Middle Eastern country worst-affected by the new coronavirus, Reuters reported.

2:00 p.m. A majority of people in Thailand are not confident whether the government would be able to contain the Covid-19 spread and most are not satisfied with its handling of the situation, according to an opinion survey by Suan Dusit Rajabhat University, the English-language daily Bangkok Post reported. Thailand also reported 102 new coronavirus cases and three more deaths, the Centre for Covid-19 Situation Administration said on Sunday.

8:00 a.m. U.S. President Donald Trump told reporters at a briefing that "there's going to be a lot of death," and asked Americans to brace for a big spike in coronavirus fatalities in the coming days, as the country faces what he called the toughest two weeks of the pandemic.

3:00 a.m. Dubai imposed a two-week lockdown Saturday night. It had been under an overnight curfew along with the rest of United Arab Emirates since March 26, but its Supreme Committee of Crisis and Disaster Management said the lockdown would now run around the clock for two weeks, the state news agency WAM said.

Saturday, April 4

6:00 p.m. Malaysia has recorded 150 new cases today, bringing to a total of 3,483 cases to-date. Four new deaths were also recorded, making it 57 death to-date.

4:10 p.m. Tokyo Metropolitan Government confirms 118 more infections, the first time the daily increase has topped 100.

2:48 p.m. India's confirmed coronavirus cases hit 2,902 in the morning, an increase of 601 since Friday morning, according to the latest Health and Family Welfare Ministry data. The ministry has also recorded 68 deaths, up 12 over the same period.

11:34 a.m. Far fewer people are on the streets of shopping areas in Tokyo and other cities in Japan on Saturday, after authorities issued stay-at-home requests to combat the spread of the new coronavirus.

10:41 a.m. South Korea says it will extend its intensive social distancing campaign, which had been scheduled to end Monday, as concerns about imported coronavirus cases and new outbreaks in small clusters persist, reports Reuters.

10:14 a.m. Mexico's health ministry says the number of people who have died of coronavirus in the country has risen to 60, up from 50 a day earlier. It has registered a total of 1,688 coronavirus cases, up from 1,510, reports Reuters.

5:00 a.m. The Dow finishes down 1.7% while the S&P 500 dips 1.5% as the stock market closes in New York.

4:29 a.m. Spain overtakes Italy for the first time in the number of confirmed coronavirus cases, but the overnight death toll fell from the previous day, reports Reuters.

3:58 a.m. Anyone expected to be near President Donald Trump or Vice President Mike Pence will be given a rapid COVID-19 test, the White House says.

3:51 a.m. Turkey imposed a partial curfew on citizens under the age of 20 effective midnight on Friday, says President Recep Tayyip Erdogan. It also decides to shut down the borders of 31 cities, including Istanbul, for all vehicles, excluding transit passage and essential supplies.

3:00 a.m. The volume of internet data used in Japan jumps 40% in roughly a month, prompting concerns about overwhelming the network.

1:35 a.m. The parent of All Nippon Airways seeks $2.79 billion in financing from a program run by the government-backed Development Bank of Japan.

1:00 a.m. New York reports the state's biggest 24-hour death toll, with 562 succumbing to COVID-19 since a day earlier. New York City ranks seventh in the world in total COVID-19 deaths, just ahead of the Netherlands, according to Johns Hopkins University's Coronavirus Resource Center.

To catch up on earlier developments, see last week's latest updates.

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