FACTBOX-Newest on the worldwide unfold of the coronavirus

U.S. first girl Jill Biden has examined optimistic in a rebound case of COVID-19 however isn’t experiencing any signs, whereas President Joe Biden continues to check destructive for the virus, officers stated on Wednesday. DEATHS AND INFECTIONS

* Eikon customers, click on on COVID-19: MacroVitals for a case tracker and abstract of reports. cpurl://apps.cp./cms/?navid=1592404098 ASIA-PACIFIC

* China reported 1,759 new coronavirus circumstances for Aug. 24, of which 390 have been symptomatic and 1,369 have been asymptomatic, the National Health Commission stated on Thursday. * Shanghai reported six new domestically transmitted asymptomatic coronavirus circumstances for Aug. 24, up from zero a day earlier, whereas no native symptomatic circumstances have been reported, the identical as a day earlier, town authorities stated on Thursday.

EUROPE * German Well being Minister Karl Lauterbach stated on Wednesday he expects a wave of COVID-19 infections this autumn however dominated out additional lockdowns or college closures.

ECONOMIC IMPACT * Asian share markets have been broadly optimistic whereas the greenback was barely weaker on Thursday, with traders nervously awaiting the U.S. Federal Reserve’s annual Jackson Hole convention for clues on how sharp future rate of interest hikes is likely to be.

* The variety of individuals going through acute meals insecurity worldwide has greater than doubled to 345 million since 2019 because of the COVID-19 pandemic, battle and local weather change, the World Food Programme stated on Wednesday. * China’s unemployment insurance coverage payouts rose 256.6% year-on-year, hitting a document excessive in June and including to indicators of a struggling labour market because the financial system has been badly hit by COVID-19 outbreaks and a property disaster.

* The Bank of Japan should keep huge stimulus to help an financial system going through a resurgence in COVID-19 infections and slowing world demand, one in every of its board member stated, reinforcing the BOJ’s outlier standing in a worldwide wave of financial tightening. * British automotive manufacturing rose for a 3rd straight month in July, 8.6% greater than a weak comparative final 12 months, when automotive makers have been fighting acute shortages of chips and COVID-related absences, the Society of Motor Producers and Merchants stated on Thursday.

* Asia-focused insurer AIA Group Ltd on Thursday forecast a rebound in its gross sales, regardless of a 13% drop in first-half new enterprise worth after COVID-19 lockdowns throughout its key markets together with China and Hong Kong dented income. * Qantas Airways Ltd stated on Thursday it might purchase again as much as A$400 million ($276 million) of shares after the lifting of COVID curbs spurred a powerful rebound in journey demand, stunning the market and sending its shares up 8%.

* Air New Zealand Ltd reported an even bigger annual loss on Thursday because of the impression of COVID-19 restrictions on journey and couldn’t promise a return to profitability this 12 months. (Compiled by Carlo Giovanni Boffa and Subhranshu Sahu; Edited by Jonathan Oatis and Anil D’Silva)

(This story has not been edited by Devdiscourse employees and is auto-generated from a syndicated feed.)