India’s #coronavirus cases rise by a daily record of 55,078 #ARYNews
4:10 p.m. Central Japan Railway posts an operating loss of 83.6 billion yen ($800 million) for the April-June period, its first quarterly loss since the introduction of quarterly business results in 2003. The number of riders on the Tokaido Shinkansen bullet train, the companys top earner, plunged 84% from a year earlier due to the coronavirus outbreak.
2:05 p.m. Tokyo confirms 463 new cases, sources tell Nikkei, marking the highest daily tally. The metropolitan government announced on Thursday it will ask restaurants, bars and karaoke parlors to close by 10 p.m. to curb infections, starting Aug. 3.
1:28 p.m. India sets another daily record with 55,078 new cases in the last 24 hours, bringing the country total to over 1.63 million. The death toll has risen to 35,747, up 779 from Thursday morning.
1:10 p.m. Japans benchmark Nikkei Stock Average falls sharply during afternoon trading, dropping over 500 points, or 2%, as investors fear increasing infections in the capital could cause the economy to weaken further.
11:30 a.m. Philippines President Rodrigo Duterte extends coronavirus restrictions in Manila until mid-August. The capital and provinces south of it were placed under general community quarantine, limiting movement of the elderly and children, as well as the capacity of business establishments. The country reported a record 3,954 new infections on Thursday.
11:00 a.m. Chinas factory activity expanded in July for the fifth consecutive month and at a faster pace, despite disruptions from floods and a resurgence in coronavirus cases worldwide. The manufacturing Purchasing Managers Index rose to 51.1 in July from Junes 50.9, official data shows, marking the highest reading since March.