CNBC Asia

Stocks in Asia Pacific fell on Monday as the number of coronavirus cases globally continues to rise.

Investors could increasingly be looking to Singapore as a safe place to invest in as uncertainty roils the region, the investment bank said.

There are still no drugs approved by the U.S. Food and Drug Administration to treat Covid-19.

There were 45,255 additional Covid-19 cases reported across the nation on Friday, bringing the total to more than 2.46 million cases, according to Johns Hopkins University data.

Four people who were in contact with the student have since tested positive for the coronavirus since the drive-in ceremony was held on June 20.

Luckin Coffee announced Friday that its board of directors is moving to force out director and Chairman Charles Zhengyao Lu.

The coronavirus has infected more than 9.64 million people around the world as of Friday, killing at least 490,055 people.

"People are infecting other people and ultimately you will infect someone who's vulnerable," Dr. Anthony Fauci, director of the National Institute of Allergy and Infectious Diseases, said during a press briefing.

San Francisco Mayor London Breed said in a tweet Friday that the city will temporarily delay its planned reopening for Monday, which included nail salons, barbershops, outdoor bars.

Dr. Anthony Fauci said he personally is an advocate of "flooding the system with testing, so you really get a good handle about what is going on in the community."

Some states might have to consider shutting down businesses and implementing restrictions on movement again to keep the health-care system from getting overwhelmed, Fauci said.

N.Y. Gov. Andrew Cuomo said travelers coming from states with a high infection rate will be subject to the quarantine.

The coronavirus has infected more than 9.44 million people around the world as of Thursday, killing at least 482,923 people.

"We worked very hard to get the viral transmission rate down," New York Gov. Andrew Cuomo said. "We don't want to see it go up because a lot of people come into this region and they can literally bring the infection with them."

More than 45,000 new coronavirus cases were confirmed in the U.S. on Wednesday, a record that surpassed the previous April 26 peak by over 9,000 cases, according to an NBC News tally.

Relations between the U.S. and China have deteriorated to their worst in decades since President Donald Trump took office in 2017.

Singapore's telcos were given the final approval on Wednesday by the Infocomm Media Development Authority (IMDA) to start building the two nationwide networks.

"The last thing we want to do as a state is go backwards and close down businesses," Gov. Greg Abbott said

CDC Director Dr. Robert Redfield said that while young people face a lower risk of severe disease and death due to Covid-19, a high rate of infection among young Americans increases the chances that they go on to infect older, at-risk people.

The coronavirus has infected more than 9.4 million people around the world as of Thursday, killing at least 482,128 people.