Philippines Reports First Coronavirus Death Outside China

Coronavirus Update: 9 cases in US, Hubei province reports 56 new coronavirus deaths

Coronavirus Update: 9 cases in US, Hubei province reports 56 new coronavirus deaths

With the deadly Coronavirus gripping China and spreading to other parts of the world, the country has accused the United States on Monday of spreading "panic" in its response to the virus.

A 1,500-bed hospital also specially built for patients infected with the new virus is due to open within days.

Philippine President Rodrigo Duterte approved a ban on the entry of all non-citizens from China.

The death toll rose to 361 with 57 deaths reported on February 2, state-run Xinhua quoted the commission's report as saying.

Global concern has dragged down stocks and major corporate names have frozen or scaled back their Chinese operations, threatening the global supply chain as so numerous world's products are manufactured in China.

China built a hospital with 1,000 bed capacity in record 10 days exclusively for patients infected by the new disease which still stands incurable. A second hospital is expected to open soon after.

The province of Hubei and its capital, Wuhan, are the epicenters of this global health emergency, which began with the first confirmed 2019-nCoV case in December 2019.

China is in "urgent" need of medical masks and equipment for medical personnel. Huanggang, home to 7 million people, imposed similar measures on Saturday. "We haven't seen any corporate profits since the spread of the corona virus".

In Thailand, which has 19 confirmed cases, doctors said Sunday an elderly Chinese patient treated with a cocktail of flu and HIV drugs had shown dramatic improvement and tested negative for the virus 48 hours later.

China International Travel Service quickly fell by the maximum 10 percent allowed, to 73.80 yuan.

New Zealand announced Sunday that it will temporarily ban Chinese travelers from protecting the South Pacific region from the virus.

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While countries have been trying to block the virus with travel bans, they have also been getting stranded citizens out of Wuhan. The coronavirus outbreak in China has not only taken a toll on human life, but also on the economy.

About 250 Indonesians were also evacuated from Hubei.

It is understood a second evacuation flight is set to carry United States citizens out of of Wuhan today. And Morocco flew home 167 of its people, mostly students.

Australia evacuated 243 people, many of them children, from Wuhan on Monday and will quarantine them on a remote island. Several hundred residents protested the decision. The patient is now recovering and is in stable condition, and his traveling companions so far have not been infected, the captain said. The first foreign death from the virus was reported in the Philippines on Sunday.

There have been no confirmed cases of coronavirus in Iran so far.

About 150 cases have been reported in two dozen other countries.

"We are in a very precarious position with many key market indicators at pivot levels where it will only take just one significant bad news for them to spiral lower", Catril added.

In addition to Germany and the United States, the G7 includes France, Italy, Japan, Canada and Britain.

Trump administration national security adviser Robert O'Brien said on CBS "Face the Nation" that the Chinese so far "have certainly been more transparent than in previous crises and we appreciate that and we continue to offer assistance to the Chinese".

Gold, which posted its best month in five in January, slipped 0.65 per cent to $1,579.5 an ounce, while yields on USA debt came off lows. The man is a student at the Boston campus of the University of MA who returned recently from Wuhan.

Another 5,173 new suspected cases were reported on Sunday, said the Commission.

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