Connect with us

Coronavirus (Covid-19)

Coronavirus UPDATE: China stabilises, Asian markets recover slightly, Italy goes into ‘lockdown’

Thaiger

Published 

 on 

PHOTO: Quarantine inspections at all Italian borders from yesterday - Al Jazeera

More than 4,000 people have now succumbed to the Covid-19 coronavirus as it continues spreading around the globe. As of 12pm today, 4,027 have died from the virus, there are 114,422 cases confirmed around the world and 64,081 people have fully recovered. Whilst most of the cases and deaths are still in mainland China but the numbers of new cases have dropped dramatically – only 19 in the past 24 hours. Compare this to the middle of January when there were around 2,000 new cases each day.

But the outbreak is reaching a critical phase in other parts of the world – Italy, Germany, France, Spain, Iran, South Korea and the US continue to show concerning growth in recent cases.

• This morning most of the markets around the Asia Pacific have edged higher after novel coronavirus fears and an oil price war sparked a market panic yesterday. Starting downunder, the Australia’s benchmark S&P/ASX 200 is up 1.6%. It’s now trading nearly 19% below its most recent high, just under the 20% that defines a bear market. China’s Shanghai Composite was flat, remaining in negative territory.

South Korea’s Kospi Index was up 0.3%, while Hong Kong’s Hang Seng Index was 0.6% higher.

Japan’s Nikkei 225 has been the region’s worst performer today, though was last only down 0.5%. Japanese companies report they are also feeling financial pain. Nissan’s vehicle sales in China dropped 80% in February, year on year.

In the US, after initially falling after hours, Dow futures shot up 550 points, or 2.4%. The Dow ended yesterday with its biggest point drop in history, or 7.8%, its worst day since the 2008 financial crisis.

Around the world….

• The Singaporean government is now charging visitors for any coronavirus treatment, the city-state has confirmed three new imported infections, two of which were Indonesians. Indonesia reported its first virus case in early March and officially has only 19 infections compared to 160 in Singapore. Medical experts continue to question how many cases have gone undiagnosed in Indonesia, a country which has also benefitted from a lot of Chinese tourism.

Singapore’s new measures, official came into effect on March 7, when authorities said 2 “symptomatic Indonesian travellers” arrived in Singapore.

• Japan reports 26 additional coronavirus cases. Japan’s Health Ministry announced an additional 26 cases of the coronavirus. The additional cases bring the country’s total to over 1,210 confirmed cases.

• Vietnam confirms one new coronavirus case, bringing the country-wide total to 31. The new case is a 49 year old UK citizen who was on the same Vietnam Airlines’ flight with a previously confirmed patient flying from the UK to Vietnam on March 2. He is the eighth British national and the 10th foreign patient confirmed in Vietnam who was on board the same flight. Of the 31 patients in Vietnam, 16 have now been discharged.

• China has only reported 19 new cases in the past 24 hours, a drastic drop from the peak just a month or two ago. Yesterday was also the third straight day where there were no locally transmitted cases outside of Hubei province, the provincial origins of the virus at the end of December last year.

Chinese President Xi Jinping is expected to visit healthcare workers, soldiers, police officers, health officials, volunteers, patients and residents in Wuhan today. It will be Xi’s first visit to the city since the coronavirus outbreak began. The visit will likely provide important propaganda value for the Chinese government.

• In South Korea the number of new cases per day continues to drop. The country’s health minister says he was “cautiously expecting we have passed the peak”.

• Europe is now facing a worsening outbreak. All of Italy’s 60 million residents are under a “viral quarantine” protocol meaning restricted movement, school closures, a ban on all public events, and suspended religious services including weddings and funerals. But flights and most public transport are still operating.

The drastic measure of a country-wide lockdown was taken in response to the Italian healthcare system overwhelmed by the flood of patients. Today Italy reports a total of 9,172 cases, overtaking South Korea and becoming the worst outbreak outside of China.

France Spain, Germany, Switzerland, Netherlands, Sweden, Belgium and Norway all have over 200 cases.

• The US now has at least 728 cases and 27 deaths, creating panic as the surge hits many states unprepared for the rise in new cases. Many states are declaring states of emergency, and even congressmen are self-quarantining after coming in contact with an infected patient in the past two weeks.

Schools across the US are beginning to close and moving to online classes. Large employers like Amazon are pushing workers out of their offices in virus-hit areas and asking them to work from home.

 

Want more Thailand news from the Thaiger family?

📱 Download our app on Android or iOS for instant updates on your mobile
📝️ Join the conversation on Thaiger Talk - discuss news & life in our Thailand forums
📧 Subscribe to our daily email newsletter
👍 Like/Follow us on Facebook
🔔 Subscribe to or Join our YouTube channel for daily video updates

image

Join the conversation and have your say on Thailand news published on The Thaiger.

Thaiger Talk is our new Thaiger Community where you can join the discussion on everything happening in Thailand right now.

Please note that articles are not posted to the forum instantly and can take up to 20 min before being visible. Click for more information and the Thaiger Talk Guidelines.

Click to comment

Leave a Reply

Your email address will not be published. Required fields are marked *

If you have story ideas, a restaurant to review, an event to cover or an issue to discuss, contact The Thaiger editorial staff.

Follow Thaiger by email:

Patong36 mins ago

Tar balls spreading in Phuket hit Patong Beach

Phuket2 hours ago

Officials predict 600,000 tourists to Phuket following reopening

Phuket3 hours ago

Technician electrocuted to death while trying to fix jacuzzi

Phuket Sandbox July 1st

days
hours
minutes
seconds

Thaiger is getting behind local businesses for the restart of tourism in July - up to 50% discounts across all advertising packages in June!

Pattaya3 hours ago

Pattaya pushes for August 1 Sealed Route reopening plan

Thailand3 hours ago

Mother alleges that Doctor mistakenly gave her 10 year old sleeping pills

Bangkok4 hours ago

1 million Sinopharm doses arrive today

Tourism4 hours ago

Full reopening guidelines for Phuket and Samui

Coronavirus (Covid-19)4 hours ago

Covid UPDATE: 3,682 new cases, 20 covid-related deaths, provincial totals

Thailand5 hours ago

Poll shows schools, students, parents, “not ready” for online learning

Chon Buri5 hours ago

Man returns lost parakeet, gets rewarded with BBQ

Thai Life6 hours ago

Thai Lion predicts football matches, other abilities currently unknown

Tourism6 hours ago

Reopening details for Phuket, Samui and beyond laid out

Coronavirus (Covid-19)8 hours ago

Multiple Chiang Rai schools to close after infections found

Thailand8 hours ago

Woman falls off building on Pattaya’s Walking Street

Tourism10 hours ago

Refinements to the Sandbox as the countdown continues to Thailand’s reopening

Thailand4 months ago

Thailand News Today | Thai Airways in rehab, All go for Songkran | March 4

Tourism4 months ago

Phuket’s nightlife. Yes, bars and clubs are still open | VIDEO

Phuket4 months ago

Thailand News Today | Covid passport talks, Thai Airways heads to court | March 2

Tourism4 months ago

Phuket Thai food treats you need to try | VIDEO

Thailand4 months ago

Thailand News Today | Bars, pubs and restaurants ‘sort of’ back to normal | Feb 23

Tourism4 months ago

In search of Cat & Dog Cafés in Phuket Town | VIDEO

Thailand5 months ago

Thailand News Today | Gambling crackdown, Seafood market to reopen, Vlogger challenge | Jan 21

Thailand5 months ago

Thailand News Today | Covid testing for visas, Business impact, Vaccine approval | January 19

Thailand5 months ago

Thailand News Today | Weekend Bangkok bombs, Thailand fires, Covid update | January 18

Thailand5 months ago

Thailand News Today | Stray car on runway, Indonesian quake, 300 baht tourist fee | January 15

Thailand5 months ago

Thailand News Today | Governor off respirator, sex-trafficking arrest, condo prices falling | January 14

Thailand5 months ago

Thailand News Today | Chinese vaccine, Thailand ‘drug hub’, Covid update | January 13

Thailand5 months ago

Thailand News Today | Bangkok may ease restrictions, Phuket bar curfew, Vaccine roll out | January 12

Thailand5 months ago

Thailand News Today | Covid latest, Cockfights closed down, Bryde’s Whale beached | January 11

Thailand5 months ago

Thailand News Today | Southern floods, Face mask fines, Thai Air Asia woes | January 8

Trending