This is CNBC’s live blog covering all the latest news on the coronavirus outbreak. This blog will be updated throughout the day as the news breaks.
- Global cases: More than 3.8 million
- Global deaths: More than 268,000
- Most cases reported: United States (1,254,740), Spain (221,447), Italy (215,858), United Kingdom (207,977), and Russia (177,160).
The data above was compiled by Johns Hopkins University as of 7:54 a.m. Beijing time.
All times below are in Beijing time.
11:00 am: Singapore’s second-largest bank reports 43% plunge in first-quarter net profit
Oversea-Chinese Banking Corp, Singapore’s second-largest lender, announced a 43% year-over-year drop in first-quarter net profit to 698 million Singapore dollars ($494.6 million) — well below Refinitiv’s average estimate of 941 million Singapore dollars ($666.7 million).
The bank, like its Singaporean and overseas peers, set aside money for potential loan losses that could come as the coronavirus pandemic hits economies globally….