(Bloomberg) -- Lockdowns and other public-health measures may have prevented about a half-billion coronavirus infections in six countries, including China and the U.S., according to the first peer-reviewed analysis of the impact of health policies on the pandemic.
Indonesia will allow airlines to carry more passengers in a rule that further eases restrictions in the aviation industry, as the country moves toward reopening its economy. Cathay Pacific Airways Ltd. is weighing options to raise capital as the company weather an unprecedented slump in the aviation industry.
The World Health Organization said transmission of the virus by people who aren’t showing symptoms is “rare.” The genetic-testing company 23andMe found that blood type may play a role in who is susceptible.
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Cathay Said to Mull Fundraising, Rights Issue (11:20 a.m. HK)
Cathay Pacific Airways Ltd. is weighing options to raise capital as the company weather an unprecedented slump in the aviation industry because of the coronavirus and associated travel curbs, according to people familiar with the matter.
Malaysia Stocks Erase Losses for 2020 (10:47 a.m. HK)
Malaysian stocks were set to erase year-to-date losses, which would make it the first market in Southeast Asia to do so, as the country prepares to further ease its lockdown while expanding its stimulus measures.
The FTSE Bursa Malaysia KLCI index briefly wiped out 2020 losses in early trading. Malaysia Airports Holdings Bhd. gained 7.3%.
Indonesia Eases Restrictions on Airlines (10:10 a.m. HK)
Indonesia will allow airlines to carry more passengers in a rule that further eases restrictions in the aviation industry, as the country moves toward reopening its economy.
The Transport Ministry is scrapping a 50% limit in seating capacity and requires airlines to implement physical distancing, according to a new regulation signed on June 8.
South Korea Confirms 38 More Cases (9:30 a.m. HK)
South Korea reported 38 more coronavirus cases in 24 hours, bringing the total tally to 11,852, data from Korea Centers for Disease Control & Prevention show. Deaths rose by one, to 274.
Wuhan Finds No Live Virus in Asymptomatic Cases (8:30 a.m. HK)
Viral cultivation results were negative for all 300 asymptomatic cases found from the earlier mass tests in Wuhan, according to the Municipal Health Commission. Almost 1,200 close contacts of the 300 also tested negative.
Taiwan Plans More Cargo Flights to China (8:24 a.m. HK)
Taiwan will allow local carriers to add cargo flights to China using passenger aircraft while the coronavirus control measures are still in place, Commercial Times reported, citing unidentified officials at Ministry of Transportation and Communication. Six destinations including Shenzhen, Guangzhou, Chongqing, Qingdao, Ningbo and Changsha are eligible for the plan
Mexico Virus Cases Climb Past 120,000 (8:20 a.m. HK)
Mexico reported 2,999 new confirmed Covid-19 cases, bringing the total to 120,102, according to data released by the Health Ministry Monday night. Deaths rose by 354 to 14,053
Japan Wages Drop First Time in Four Months (7:42 a.m. HK)
Japanese wages fell in April for the first time in four months as businesses shut and millions of workers were forced on leave amid a nationwide state of emergency over the coronavirus. Cash earnings slipped 0.6% from a year earlier, labor ministry data showed. Economists had predicted a 1% drop.
Trump to Resume Rallies Despite Virus (5:37 p.m. NY)
President Donald Trump plans to resume campaign rallies this month, reviving the raucous events at a time when he is lagging Democrat Joe Biden in the polls.
Trump’s campaign is looking to restart his signature events in June, campaign officials say. The campaign hasn’t determined where the first rally since the country locked down over the coronavirus will be held, said the officials, who asked not to be named discussing internal deliberations.
New Jersey Hospitalizations Wane (4:40 p.m. NY)
New Jersey, the hardest-hit U.S. state after New York, had its fifth straight day of fewer than 2,000 hospitalizations from Covid-19, Governor Phil Murphy said. He also asked residents protesting the killing of George Floyd to get tested for the virus.
Murphy said he was encouraged by the hospitalization numbers: 1,740 patients were being treated, down from more than 8,000 at the April peak. Intensive-care units had 498 cases, a 50% drop over three weeks.
U.S. Virus Cases Rise 1.2% (4 p.m. NY)
Coronavirus cases in the U.S. increased 1.2% as compared to the same time Sunday, to 1.95 million, according to data collected by Johns Hopkins University and Bloomberg News. That’s higher than Sunday’s 1% rate but matched the average over the past seven days. Deaths rose 0.7% to 110,771.
Asymptomatic Transmission ‘Very Rare’: WHO (3:23 p.m. NY)
Transmission of the coronavirus by people who aren’t showing symptoms is “very rare,” the World Health Organization said Monday, contradicting speculation by public health officials and researchers that the disease was being spread by people who weren’t showing signs of illness.
“It still appears to be rare that an asymptomatic person actually transmits onward to a secondary individual,” Maria Van Kerkhove, head of WHO’s emerging diseases and zoonosis unit, said at a briefing in Geneva. She said her comment is based on detailed reports of contact tracing from various countries.
Earlier research sparked concern that the virus would be difficult to contain because of asymptomatic transmission. The New England Journal of Medicine, in an article dated May 28, warned that transmission of SARS-CoV-2 by seemingly healthy people is “the Achilles’ heel of Covid-19 pandemic control.”
Blood Type May Play Role, 23andMe Says (2:18 p.m. NY)
Research from genetic-testing giant 23andMe Inc. found differences in a gene that influences a person’s blood type can affect a person’s susceptibility to Covid-19.
Preliminary results from more than 750,000 participants suggests type O blood is especially protective against SARS-CoV-2, the virus that causes Covid-19, the company said on Monday. The findings echo other research that has indicated a link between variations in the ABO gene and Covid-19.
Scientists have been looking at genetic factors to try to determine why some people who contract the new coronavirus experience no symptoms, while others become gravely ill. In April, 23andMe launched a study that sought to use the millions of profiles in its DNA database to shed light on the role genetics play in the disease.
N.Y. Infection Rate Hits Record Low (11:55 a.m. NY)
The infection rate in New York state fell to 1.2% on Sunday, the lowest since the pandemic began in March, Governor Andrew Cuomo said. The state performed more than 58,000 tests, he said. The rate in New York City, which began the first phase of reopening Monday, was 2%, down from almost 60% nine weeks ago at the height of the outbreak.
Lockdowns May Have Helped Prevent Half a Billion Cases (9:20 a.m. NY)
Lockdowns and other public-health measures may have prevented about half a billion coronavirus infections in six countries, including China and the U.S.
The virus has now caused some 7 million reported cases of Covid-19, with more than 400,000 fatalities. Published Monday in the journal Nature, the first peer-reviewed analysis of the impact of health policies suggests that the toll would have been vastly worse without lockdowns, social distancing, travel restrictions and other interventions. Many coronavirus infections are relatively mild, and most of the roughly 500 million averted cases would have gone undetected, according to the study.
U.K. Reports Fewer Than 100 New Deaths, Zero in London (9:17 a.m.)
The U.K. death toll rose by 55 to 40,597, the fewest since before a lockdown was declared on March 23 and the second consecutive daily increase below 100. On Sunday, the country reported an additional 77 deaths.
There were no new fatalities reported by hospitals in London over the previous 24 hours for the first time since the lockdown began, according to NHS England, although it does expect a “small number” of deaths that occurred in the capital to be reported in the coming days.
Speaking on a call with reporters, Prime Minister Boris Johnson’s spokesman, James Slack, said the government’s goal is to open non-essential shops starting June 15 and outdoor spaces in pubs, bars and restaurants from July 4.
“I expect the government to be in a position to outline the next steps on non-essential retail in the coming days,” Slack said.
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