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China’s Coronavirus Outbreak Death Risen to 479

The number of deaths in China’s central Hubei province from a coronavirus outbreak had risen by 65 to 479 as of Tuesday, Chinese state television reported on Wednesday.

There were a further 3,156 cases detected in Hubei, the epicenter of the outbreak, taking the total in the province to 16,678.

Hubei’s provincial capital of Wuhan, where the virus is believed to have originated, reported 49 new deaths on Tuesday, up from 48 on Monday. A total of 362 people in Wuhan have now died from the virus.

On the financial front, global and Chinese markets rose, with both Europe and metals enjoying their best sessions of the year after Shanghai’s main market lost nearly $400 billion the previous day.

But in the latest corporate hit, Hyundai Motor (005380.KS) said it would gradually suspend production at South Korean factories because of supply chain disruptions.

Total infections in mainland China rose to 20,438, and nearly 200 cases have been reported across roughly two dozen countries, Hong Kong and Macau.

Macau, also a special administrative region of China lying across the Pearl River estuary from Hong Kong, said it had asked all casino operators to suspend operations for two weeks to help prevent the coronavirus spreading.

Macau’s chief executive, Ho Iat Seng, made the announcement as the former Portuguese colony, whose glittering casinos draw hundreds of thousands of gamblers from across the globe, reported 10 confirmed cases of the virus and imposed tight restrictions on movements in and out of the territory.

Thailand’s tally of infections jumped to 25, the highest outside China, while Singapore’s rose to 24.

The World Health Organization (WHO) has declared the flu-like virus a global emergency, and experts say much is still unknown, including its mortality rate and transmission routes.

World

China’s Coronavirus Outbreak Death Risen to 479

New confirmed cases in Wuhan surged by 1,967 on Tuesday, up from 1,242 on Monday.

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The number of deaths in China’s central Hubei province from a coronavirus outbreak had risen by 65 to 479 as of Tuesday, Chinese state television reported on Wednesday.

There were a further 3,156 cases detected in Hubei, the epicenter of the outbreak, taking the total in the province to 16,678.

Hubei’s provincial capital of Wuhan, where the virus is believed to have originated, reported 49 new deaths on Tuesday, up from 48 on Monday. A total of 362 people in Wuhan have now died from the virus.

On the financial front, global and Chinese markets rose, with both Europe and metals enjoying their best sessions of the year after Shanghai’s main market lost nearly $400 billion the previous day.

But in the latest corporate hit, Hyundai Motor (005380.KS) said it would gradually suspend production at South Korean factories because of supply chain disruptions.

Total infections in mainland China rose to 20,438, and nearly 200 cases have been reported across roughly two dozen countries, Hong Kong and Macau.

Macau, also a special administrative region of China lying across the Pearl River estuary from Hong Kong, said it had asked all casino operators to suspend operations for two weeks to help prevent the coronavirus spreading.

Macau’s chief executive, Ho Iat Seng, made the announcement as the former Portuguese colony, whose glittering casinos draw hundreds of thousands of gamblers from across the globe, reported 10 confirmed cases of the virus and imposed tight restrictions on movements in and out of the territory.

Thailand’s tally of infections jumped to 25, the highest outside China, while Singapore’s rose to 24.

The World Health Organization (WHO) has declared the flu-like virus a global emergency, and experts say much is still unknown, including its mortality rate and transmission routes.

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