CNBC Asia

"We would like to see very quick approvals, especially with things that work," Trump said.

The Food and Drug Administration has been in "sustained and ongoing" discussions with Gilead Sciences to make antiviral drug remdesivir available to Covid-19 patients "as quickly as possible, as appropriate," the agency said.

The company said the hit to demand for diagnostic testing was "marginally offset by an increase in demand for COVID-19 tests."

Chris Whitty, England's chief medical officer, told reporters Monday it is "entirely plausible" that Covid-19 causes the inflammatory illness in children.

He said he has ordered the Metropolitan Transportation Authority to submit a full plan by Thursday on how it intends to disinfect every train every night

At the average rate of around 157,000 tests run a day in April, it would take almost 6 years to test everyone in the U.S. just once.

A Harvard University study published last week said the U.S. would need to ramp up testing capacity to at least 5 million tests a day by early June to reopen the economy.

New Jersey Gov. Phil Murphy is holding his daily press conference on the Covid-19 outbreak, which has infected more than 113,800 people in the state as of Wednesday.

De Blasio said the city aims to begin testing personnel next week at hospitals, firehouses, police stations and corrections facilities.

Mayor Bill de Blasio said a funeral for a Hasidic rabbi that drew thousands of mourners in Brooklyn "was absolutely unacceptable."

Anne Schuchat, principal deputy director of the Centers for Disease Control and Prevention, is holding a discussion on the coronavirus pandemic.

New York Gov. Andrew Cuomo is holding his daily press conference on the Covid-19 outbreak, which has infected more than 295,100 people across the state as of Wednesday.

The World Health Organization is holding a briefing Wednesday on the coronavirus pandemic, which has infected more than 3.1 million people worldwide.

Russia's crisis response center reported 99,939 cases of the coronavirus on Wednesday and Spain has seen its daily number of deaths rise again.

Covid-19 has infected more than 3.1 million people around the world, killing at least 216,808 people.

"We're in war," President Donald Trump proclaimed at a White House news conference last week. "I call it the 'invisible enemy.' That's the war, and it's a dangerous war."

Investors will look for guidance on the U.S. central bank's future path of interest rates as the country looks toward gradually reopening its economy.

Australia, New Zealand and South Korea are among the few which managed to buck the trend and put a lid on the coronavirus outbreak, and investors are cheering.

Singapore's three largest banks are scheduled to release first-quarter earnings in the coming days, starting with DBS on Thursday.

Quest screens patients online to determine whether or not an antibody test is appropriate and then sends them to have their blood drawn at one of the company's 2,200 laboratories, Quest said.