Russia reported 150 fatalities related to the coronavirus in the last 24 hours — a record daily jump that brought the country's death toll to 3,249, reported Reuters.
China is set to introduce a national security law for Hong Kong, after the city was plunged into turmoil last year by pro-democracy protests that often degenerated into violence.
Emily Lau, a former Democratic Party member of the Hong Kong Legislative Council, said China hasn't kept up its "promise" under the "one country, two systems" framework.
Strategist from Standard Chartered Private Bank and JPMorgan Asset Management told CNBC why they are recommending investors to look at focusing their portfolios on fixed income instead.
With most people working from home, and some employers mulling such an arrangement even post-pandemic, the future looks uncertain for office commercial space.
"Without a clear apples-to-apples comparison of the number of tests per capita, it is hard to compare disease rates across states," said Robert Bednarczyk, assistant professor of epidemiology at Emory University.
The number of countries reporting MIS-C has nearly doubled in one week to 13 and the number of states now stands at 25 and D.C., NY Gov. Andrew Cuomo said.
"I want to signal as clear as a bell, all roads are leading to the first half of June. The city indicators, the state indicators, we're seeing very clear progress," de Blasio said.
New York Gov. Andrew Cuomo is holding his daily press conference on the Covid-19 outbreak, which has infected more than 354,300 people across the state as of Thursday.
"China's policy has been quite timid so far" compared to the economic response from many countries, said Jim O'Neill, a former Goldman Sachs chief economist.
The World Health Organization said the number of newly reported cases globally hit a daily record this week, amid authorities around the world attempting to ease lockdown measures put in place to curb the virus' spread.
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