CNBC Asia

The World Health Organization warned Monday that children across the world will die as the coronavirus pandemic forces some countries to temporarily halt vaccinations for other deadly diseases such as polio.

Capacity to test broadly throughout the population and to trace contacts with those who test positive for Covid-19 is a crucial element of the state's plans to lift restrictions, New York Gov. Andrew Cuomo have previously said.

Earlier last week, Cuomo released the preliminary results of a statewide coronavirus antibody testing study, which indicated that an estimated 13.9% of the New Yorkers have likely had Covid-19 already.

WHO is holding a press briefing on the coronavirus pandemic.

The Japanese and Singaporean economies were already weak before the coronavirus outbreak worsened over the past month, said Steve Cochrane, chief Asia Pacific economist at Moody's Analytics.

Total number of coronavirus infection cases around the world was more than 2.96 million and at least 206,265 people have died.

PetroChina and Sinopec are set to post earnings later this week, with Bernstein's Neil Beveridge expecting "very significant losses in the first quarter" for the two firms.

All countries need to be on guard in the fight against Covid-19 before the fall flu season, according to Joshua Sharfstein, vice dean for public health practice and community engagement at the Johns Hopkins Bloomberg School of Public Health.

The Bank of Japan of Monday announced on Monday an enhancement of its monetary policy easing measures to combat the hit on Japan's economy as a result of the coronavirus pandemic.

"Social distancing will be with us through the summer to really ensure that we protect one another as we move through these phases," Birx said.

China reported 11 new confirmed cases in the country and no additional deaths as of April 25, according to its National Health Commission.

The novel coronavirus has infected more than 2.8 million people globally and killed at least 201,502 as of Saturday.

"There is currently no evidence that people who have recovered from Covid-19 and have antibodies are protected," said the WHO.

On April 1, Singapore had just around 1,000 cases, but in less than a month, it has spiked to more than 10,000. The majority of the explosion in cases has been attributed to its migrant worker population.

Covid-19 has infected 2.7 million people around the world as of Friday, killing at least 195,920 people.

The agency also said it became aware of reports of "serious heart rhythm problems" in patients with the virus who were treated with the malaria drugs, often in combination with antibiotic azithromycin, commonly known as a Z-Pak.

Scientists say the findings should "serve to curb the exuberant use" of the drug, which has been touted by President Trump as a potential "game changer" in the fight against the coronavirus.

From the beginning of January to when the U.S. closed its borders in March, approximately 13,000 flights from Europe landed in New York and New Jersey airports carrying more than 2.2 million people, Cuomo said.

New Jersey Gov. Phil Murphy is holding his daily press conference on the Covid-19 outbreak, which has infected more than 100,000 people in the state as of Friday.