An official from China's National Health Commission has said that the country is to start testing asymptomatic cases; Spain's numbers of deaths in 24 hours reaches highest level yet.
Fitch Ratings earlier this month downgraded the outlook for 10 banking systems in Asia Pacific to "negative." All 17 banking systems in the region that Fitch assesses now have a "negative" outlook.
There is "some preliminary data from non-randomized studies, observational studies, that indicate some drugs and some drug cocktails may have an impact," said Dr. Mike Ryan, a top WHO official.
New York Gov. Andrew Cuomo is holding a press conference on the COVID-19 outbreak, which has infected more than 60,000 people in the state as of Monday.
New York City Mayor Bill de Blasio is holding a press conference Monday to update the public on the coronavirus outbreak that has infected more than 33,400 people in the city as of Sunday evening.
World Health Organization officials are holding a press conference to update the public on the coronavirus outbreak, which has infected more than 737,000 people across the globe.
Asia is key for garment manufacturing and many jobs in the region will be at risk in countries like Bangladesh, Cambodia and China that are dependent on the export economy.
Investors continue to watch for developments on the global coronavirus outbreak, which has already infected more than 720,000 worldwide and taken at least 33,925 lives, according to data compiled by John Hopkins University.
Demographics, social behavior and lower testing capacity are just some of the reasons why Italy and Spain have the highest number of deaths from the coronavirus, health experts told CNBC.
Read the latest stock market news and analysis on Asia Pacific in regions from Japan, China, Singapore, Australia, to New Zealand. Find business; finance; economy, stocks, and global economy news on CNBC's Asia Pacific page.