CNBC Asia

New York Gov. Andrew Cuomo is holding his daily press conference on the Covid-19 outbreak, which has infected more than 203,300 people across the state as of Wednesday.

A day earlier, President Donald Trump announced the U.S. would suspend funding to WHO while it reviews the agency's response to the Covid-19 pandemic.

Researchers at NYU Langone on March 24 launched one of the nation's largest hydroxychloroquine studies and enrolled their first patient 10 days later.

"If he wants a fight he's not going to get it from me. Period," Cuomo said at a press conference Tuesday, adding that Trump is "wrong on the law"

Covid-19 has infected more than 1,949,200 people around the world as of Tuesday, killing at least 123,348 people.

President Trump's announcement that he was going to withdraw U.S. funding for the World Health Organization (WHO) has provoked widespread criticism.

Even once the stay-at-home order is lifted, Newsom said society won't snap back to normal.

Many governments have announced large amounts of stimulus to support their respective economies, with some taking up more debt to fund those expenditure.

The International Monetary Fund warned that the global economy is set to see its worst financial crisis since the Great Depression.

South Korea heads to the polls on Wednesday for legistlative elections against the backdrop of the global coronavirus pandemic that has taken thousands of lives worldwide.

The measures were introduced after global markets sold off as investors scrambled for safety from the economic threat of the global coronavirus pandemic.

"We have found a way to secure financing. It was costly," Carnival CEO Arnold Donald said Tuesday.

"We're controlling the spread," Cuomo said at a press conference in Albany. "The worst can be over, and is over, unless we do something reckless."

The number of deaths is staggering but nonetheless shows that shuttering nonessential businesses and keeping New Yorkers home is helping to curb the Covid-19 outbreak, Gov. Andrew Cuomo said.

Johnson & Johnson aims to produce 600 million to 900 million doses of its potential coronavirus vaccine by April 2021 if human trials set to begin in September go as planned, J&J executives said Tuesday.

"For the first time, we're going to have a truly reliable major supply of testing," NYC Mayor Bill de Blasio said at a news conference.

New York Gov. Andrew Cuomo is holding his daily press conference on the Covid-19 outbreak, which has infected more than 196,140 across the state as of Tuesday morning.

On Monday, de Blasio said the city was having a "very good day" as the rate of new coronavirus cases and hospitalizations continued to fall.

The U.K. looks set to extend its lockdown measures into early or perhaps even late May while Germany also remains cautious, reporting over 2,000 new cases.

Even as the spread of the virus appears to be slowing in several hard-hit countries, including Italy, Spain and the U.S., the WHO on Monday warned against lifting restrictions meant to curb the spread of the virus too early.