Global equities were mixed Monday, as markets weigh hopes about economic restarts against worries over coronavirus cases, including signs of "second wave" outbreaks in Asia. As quoted by AFP.com ( 11/5) France and Spain took new steps to ease lockdowns, along with more US states, some of which moved over the weekend to permit additional activity// But after more than a month without reporting any new cases, Wuhan, the central Chinese city where the outbreak first emerged, reports five new infections, on top of one announced on Sunday. And neighbouring South Korea announced its highest number of infections for more than a month driven by a cluster in a Seoul nightlife district,/ Craig Erlam, an analyst at OANDA stated fears of a second wave are already emerging in South Korea, China and maybe even Germany which should be a lesson to those countries preparing for looser restrictions. In the US, the trends have improved significantly in New York city and some other initial hotpots, but the record elsewhere is mixed. The country now leads the world in fatalities with 80,000//AFP
Swathes of Europe as well as New York began the long process of reopening from coronavirus lockdowns on Monday, but a resurgence of infections in China and South Korea offered a sobering reminder of the dangers of a second wave of cases. to resuscitate As quoted by AFP.com (12/5 ) the mixed fortunes illustrate the high-wire act governments face across the globe as they try to resuscitate shattered economies while keeping in check a pandemic that has now killed more than 283,000 people and infected over 4.1 million. As France and Spain embraced new freedoms and Britain and New York announced plans for a partial reopening, the Chinese city of Wuhan where the pandemic was born reported a second day of new cases after a month without a sign of the virus. And neighboring South Korea announced its highest number of infections for more than a month driven by a cluster in a Seoul nightlife district//AFP
Malaysia will extend its relaxed lockdown by four weeks, allowing nearly all economic activities to continue while keeping its borders shut and schools closed. The government will allow limited interstate travel for families who are separated ahead of the Eid al-Fitr celebration, Prime Minister Muhyiddin Yassin said in a televised address on Sunday. He added if there’s a significant rise in cases during this time, the government will be forced to implement Enhanced Movement Control Order for the affected areas//JP
French passengers will be exempt from quarantine measures that will come into force in the UK amid the pandemic. Boris Johnson said on Sunday they would be imposed on people arriving by air into the UK, to prevent Covid-19 being brought in from overseas. Mr Johnson said he was "serving notice" that quarantine measures were coming. Following his speech, he confirmed a reciprocal deal with the government in Paris meant restrictions would not apply to passengers from France. UK airlines previously said they had been told that any quarantine period would last for 14 days, and that people might be expected to provide an address when they arrive at the border. Government sources had already indicated that people arriving from the Republic of Ireland would not have to self-isolate when the quarantine measures take effect//bbc