World--China Economic Net

World

Coronavirus cases in Italy reach 53,578, death toll at 4,825

U.S. stock market may see relief rally after worst week since 2008

The U.S. stock market is expected to see near-term strength after entering a bear market and seeing the worst weekly performance since a sharp drop in 2008, according to multiple market watchers.

Italy reports over 3,500 new coronavirus cases, total number exceeds 30,0002020-03-18
The number of new coronavirus cases in Italy jumped dramatically on Tuesday, with more than 3,500, pushing the cumulative total number to over 30,000, according to new data released by the Civil Protection Department.

First human trial for coronavirus vaccine starts in U.S.2020-03-17
A clinical trial to evaluate a vaccine designed against the novel coronavirus started on Monday, a U.S. health official confirmed.

Britain's Houses of Parliament close door to tourists2020-03-17
Britain's Houses of Parliament were closed to visitors and tourists on Monday because of the coronavirus outbreak.

WHO says confirmed COVID-19 cases, deaths outside China exceed those inside2020-03-17
More cases and deaths of COVID-19 have now been reported in the rest of the world than in China, the chief of the World Health Organization (WHO) said here on Monday, noting that a rapid escalation of the coronavirus cases has been seen in the past week.

Spotlight: EU proposes travel restriction as escalation seen in both virus cases, measures2020-03-17
European Commission President Ursula von der Leyen said on Monday that she had proposed a temporary restriction on non-essential travel to the European Union (EU), as escalations have been seen in both COVID-19 cases and containment measures.

Wall Street nosedives amid heightened coronavirus fears2020-03-17
Wall Street's major averages finished sharply lower on Monday even after the Federal Reserve's aggressive stimulus measures, as investors grew concerned about recession risk driven by the coronavirus outbreak.

S.Korea reports 74 more COVID-19 cases, 8,236 in total2020-03-16
South Korea reported 76 more cases of the COVID-19 compared to 24 hours ago as of midnight Monday local time, raising the total number of infections to 8,236.

Biden says he plans to pick female running mate2020-03-16
Former Vice President Joe Biden on Sunday night made a firm commitment to picking a woman as his running mate during his first one-on-one Democratic primary debate with progressive Senator Bernie Sanders.

COVID-19 infections in Japan rise to 8042020-03-16
Japan's health ministry and local governments said Monday the number of COVID-19 infections stood at 804 in Japan as of 10:30 a.m. local time.

Macron's centrist LERM party fails to conquer France's key cities, exit polls show2020-03-16
Candidates of French President Emmanuel Macron's The Republic on the Move (LERM) party failed in Sunday's first-round municipal election, clouding the president's plan to build a local power base for his party ahead of the 2022 presidential race.

WHO says global confirmed COVID-19 cases surpass 150,0002020-03-15
A total of 152,428 confirmed cases of the novel coronavirus disease have been reported globally as of Sunday morning, World Health Organization (WHO) spokesperson Fadela Chaib said.

Over 20,000 test positive for coronavirus in Italy, 368 new deaths2020-03-16
The coronavirus epidemic claimed 368 lives in locked down Italy on Sunday, according to new data released by the Civil Protection Department.

Roundup: UK scientists urge "more restrictive measures" as confirmed COVID-19 cases reach 1,3722020-03-16
In an open letter, over 400 scientists called on the government to further strengthen its social distancing measures.