Singapore state investor Temasek joins Libra, Facebook's digital currency project
Temasek, which has a portfolio value of 313 billion Singapore dollars ( $219 billion), is now one of the more prominent backers of libra.
CNBC Asia
Asia markets little changed as data shows China's April industrial output rose more than expected
China's industrial output rose 3.9% year-on-year in April, according to data released Friday by the country's National Bureau of Statistics.
White House likely to support new round of stimulus checks, 6th Amazon worker dies from virus
The coronavirus has infected more than 4.4 million people around the world as of Thursday, killing at least 300,315 people.
California unemployment could peak near 25% with 4.6 million claims filed so far, Newsom says
Nearly 4.6 million Californians have filed for unemployment claims since March 12, California Gov. Gavin Newsom said.
New York Gov. Cuomo expands phased reopening to five regions in state, but not NYC
Cuomo signed a "New York State on PAUSE" executive order on March 20 that closed nonessential businesses and ordered residents to adopt social distancing measures. That order will expire on Friday.
HHS whistleblower says coronavirus vaccine won't be ready in 18 months: 'We've never seen everything go perfectly'
"A lot of optimism is swirling around a 12-to-18-month time frame if everything goes perfectly. We've never seen everything go perfectly," Bright told members of the House health subcommittee.
Watch live: New York Gov. Andrew Cuomo holds a press conference on the coronavirus outbreak
'Lives were lost' as US officials refused to ramp up production of N95 masks, whistleblower says
Bright said doctors and nurses in the nation's hospitals are relying on N95 respirators that were procured in other countries but don't meet U.S. safety standards.
Russia's coronavirus cases pass 250,000; EU says vaccine could take a year
Russia's cases have now surpassed 250,000 and more than 4.3 million people are the globe have now been infected with the coronavirus.
Japan falls nearly 2% as fears of coronavirus economic fallout continue to grip investors
U.S. Federal Reserve Chairman Jerome Powell said Wednesday that more may need to be done to support the economy.
Goldman Sachs says a second wave of coronavirus could make the Fed rethink negative interest rates
But negative interest rates wouldn't be "very helpful" to the economy, said Zach Pandl, co-head of global foreign exchange, rates and emerging markets strategy at Goldman Sachs.
Records show Tesla furloughed more than 11,000 in California, Maryland lifting stay-at-home order on Friday
The coronavirus has infected more than 4.3 million people around the world as of Wednesday, killing at least 293,514 people.
Abbott's rapid coronavirus test misses positive cases, raising questions, NYU study finds
The urgency to ramp up coronavirus testing in the U.S. "has eased the usual scrutiny" applied by the Food and Drug Administration before the release of a new test, according to the authors of the study.
Watch live: House coronavirus subcommittee to hold a briefing on reopening US economy
The House subcommittee tasked with overseeing the country's coronavirus response is scheduled to hold its first briefing on Wednesday where members will discuss reopening the nation's economy.
WHO officials warn of 'vicious cycle' of economic and health disasters if coronavirus restrictions are lifted too quickly
"The worst thing that could happen," economically, is that a country reopens and then has to shut down again to respond to a resurgence of the virus, said WHO official Dr. Mike Ryan.
New York has paid $7.4 billion in unemployment claims to roughly 1.7 million residents, officials say
Roughly 1.8 million residents struggling with unemployment due to the coronavirus pandemic have filed claims, roughly six times the number of claims filed during the 2008 financial crisis, officials said.
Scientists race to find a cure or vaccine for the coronavirus. Here are the top drugs in development
There are more than 100 vaccines in development globally as of April 30 with at least eight vaccine candidates already in human trials.
More than 80 kids in New York City have coronavirus inflammatory syndrome, Mayor de Blasio says
The number of news cases of PMIS in the city rose by 30 from the day before. Doctors are increasingly recognizing the symptoms in more children after the illness came to light in the U.K. late last month.
Watch live: New York Gov. Andrew Cuomo holds a press conference on the coronavirus outbreak
New York Gov. Andrew Cuomo is holding his daily press conference on the Covid-19 outbreak, which has infected more than 338,400 people across the state as of Wednesday.
Watch live: The World Health Organization holds a press briefing on the coronavirus pandemic
WHO is holding a briefing on the Covid-19 pandemic.
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