CNBC Asia

The number of hospitalizations and people in intensive care due to Covid-19 both dropped, California Gov. Gavin Newsom said.

Gilead shares fell after a report said antiviral drug remdesivir did not improve Covid-19 patients' condition or reduce the virus' presence in the bloodstream in a phase 3 clinical trial.

The state's mortality rates remains persistently high at about 7.4%. The antibody testing indicates the actual death rate may be far lower.

New York City's health commissioner Dr. Oxiris Barbot said the city still has to prioritize who gets tested.

"Would I do that? No. But I respect him and I will let him make his decision," Trump said. "But I told him, I totally disagree."

Australia will push for an international investigation into the coronavirus pandemic at next month's annual meeting of the World Health Assembly; Spain's daily death toll stubbornly high but steady.

New York Gov. Andrew Cuomo is holding his daily press conference on the Covid-19 outbreak, which has infected more than 263,700 people across the state as of Thursday.

South Korea's economy saw its largest contraction since 2008 in the first quarter, according to Reuters. Gross domestic product fell by 1.4% in the first quarter of 2020 as compared to the previous quarter, according to the Bank of Korea's advance estimates released Thursday.

The overnight partial recovery in oil prices isn't a rebound, but simply a "breather," as weak demand and storage issues would continue to pressure prices, which are likely to turn negative again, analysts say.

The number of Covid-19 cases in the city-state has spiked in the past month — from about 1,000 cumulative cases on April 1 to more than 10,000 today.

Covid-19 has infected more than 2.6 million people around the world as of Wednesday, killing at least 180,784 people.

The two cats live in separate areas of the state and are expected to make a full recovery, the CDC said in a statement.

Health officials have said that radically increasing the current level of testing, along with tracing contacts of infected people, is necessary to reopen the economy.

Most children infected with Covid-19 develop only mild symptoms and typically recover within two weeks, according to JAMA Pediatrics study.

New Jersey Gov. Phil Murphy is holding his daily press conference on the Covid-19 outbreak, which has infected more than 92,300 people in the state as of Wednesday.

"Make no mistake, we have a long way to go. This virus will be with us for a long time," WHO's top official says.

"Quest has been at the tip of the spear in responding to this crisis, and we continue to play a critical role in the next phase of containing COVID-19," CEO Steve Rusckowski said.

De Blasio said he spoke to Macy's CEO Jeffrey Gennette this week and agreed to host the celebration, although it may look different than in years past.

New York City is still in a phase of widespread transmission, where officials are unable to trace the origin of most Covid-19 cases and is heavily reliant on social distancing, de Blasio said.

New York Gov. Andrew Cuomo is holding his daily press conference on the Covid-19 outbreak, which has infected more than 258,500 people across the state as of Wednesday.