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As the US government has started to actively contain the novel coronavirus pandemic and roll out major economic stimulus, the US stock market is expected to recover, which will help stabilize global financial situation, Liu said.

As the whole world is fighting against the COVID-19 outbreak to mitigate the virus' impact on their economic growth, governments across the world are responsible for creating convenient conditions for companies to conduct normal trade activities, rather than creating obstacles, said Gao Feng, the ministry's spokesman.

As president of the Philippine Association of Meat Processors Inc, Tiukinhoy said that he has received reports that the outbreak at some farms has led some companies to drop ham as a corporate gift item.

As the global economy's growth momentum will continue in 2018, Taiwan's information and communications industry, as well as the manufacturing, service and construction sectors, are optimistic about the economic outlook for the coming six months, the report showed.

As students overseas rush to make it back to Hong Kong before Thursday, when mandatory quarantine for all arrivals will take effect, the head of the Communicable Disease Branch of the Centre for Health Protection of the Department of Health, Chuang Shuk-kwan, told a press briefing that the large number of returning students has put pressure on the government's manpower and medical resources.