Categories: Market Overview

India records largest single-day jump in cases; South Korea warns of second wave of infections

India reported 4,213 new coronavirus cases in the last 24 hours to bring its tally of confirmed infections to 67,152, according to the latest data by the Ministry of Health and Family Welfare.

The number of new cases was the largest single-day increase in India, reported CNBC-TV18. The spike comes as the country enters its final week of a nationwide lockdown that’s set to end on May 17.

The country’s death toll increased by 97 to 2,206, while the number of recoveries jumped by 1,559 to a total of 20,917, the health ministry data showed.

South Korea reported 35 new cases, an apparent rebound as the country eases restrictions. The daily number of cases had dropped to single digits or zero in recent weeks.

However, the country reported a new, growing outbreak linked to a number of night clubs. The government shut down all such clubs and bars in Seoul and warned of a second wave of infections.

The number of cases worldwide crossed 4 million as governments planned to reopen economies, raising risks of a second wave of infection. New outbreaks in Germany and South Korea were reported as both countries eased restrictions. The number of deaths globally surpassed 280,000, according to data from Johns Hopkins University. Cases in Russia rose, making the country among the five worst-hit globally, while France and Germany dropped down the ranks. Italy, one of the worst-affected countries in the pandemic, reported its lowest daily death toll over the weekend, and its number of daily cases fell under 1,000 for the first time since early March, according to Reuters.

Coronavirus live updates: India records largest single-day jump in cases; South Korea warns of second wave of infections, CNBC, May 11

The FxPro News Team

This team of professional journalists announces the most interesting and influential articles from the major financial media as a brief summary. All such news may have sufficient potential to affect the course of trading assets.

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