Coronavirus live updates: Chinas death toll exceeds 1,000, Royal Caribbean eases restrictions

The coverage on this live blog has ended — but for up-to-the-minute coverage on the coronavirus, visit the live blog from CNBC’s Asia-Pacific team.

All times below are in Eastern time.

Total confirmed cases: More than 42,700
Total deaths: At least 1,013

The general ban on travelers with Chinese passports that Royal Caribbean put into effect last week was lifted Monday, the company said in a statement. The restriction was put into place, the company said, as multiple ports and governments clamped down on travel for Chinese passport holders. Royal Caribbean said a 15-day restriction remains in effect for any people who have traveled from, to or through China. A ban also remains in place on people who have been in close contact with travelers who journeyed from, through or to China in the past 15 days. — Eudaily

The death toll in mainland China topped 1,011, according to Chinese state media. One death each has been reported Hong Kong and the Philippines. The number of infections in mainland China reached almost 42,300, bringing the total number of cases across the world to more than 42,700 as of Monday night. — Kopecki

The coronavirus is a “true black swan” for the oil and energy market, and as crude prices continue to move lower the worst may not be over yet, Ned David Research said in a note to clients. Analyst Warren Pies noted that the outbreak has reduced Chinese demand for oil by 2 million to 3 million barrels per day, which means “the oil market is looking down the barrel at no demand growth for the calendar year, and outright demand contraction is now on the table.” — Stevens

XPO Logistics operates 8 million square feet of warehouse space in Asia, including more than 1 million square feet in China alone. However, CEO Bradley Jacobs said the coronavirus outbreak and travel restrictions haven’t damped demand for logistics yet. “We have not seen a noticeable impact as of now,” Jacobs said, “We are watching it. Anything that slows down the global economy is not good for the transport and logistics industry.” — Holland

Source: https://www.cnbc.com/2020/02/10/coronavirus-latest-updates.html

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