This is a live blog. Please check back for updates.
All times below are in Beijing time.
1:20 pm: Seoul mayor sues South Korea religious group for ‘murder’ and ‘injury’
The mayor of Seoul has sued key leaders of the Shincheonji religious group at the center of South Korea’s sudden surge in the number of confirmed cases for the new coronavirus.
Mayor Park Won-soon said on Facebook he was suing the key leaders of Shincheonji “for murder, injury and violation of prevention and management of infectious diseases,” according to a translation from NBC News.
South Korea has the highest number of infections outside mainland China. Contributing to the exponential rise in cases was the city of Daegu, and specifically, the secretive religious group called Shincheonji, according to the country’s Centers for Disease Control and Prevention. — Roy Choudhury
1:05 pm: JPMorgan cuts China 2020 growth forecast to 5.2%
JPMorgan cut its 2020 growth forecast for China from 5.4% to 5.2%, pointing to slower-than-expected work resumption at factories.
It cited obstacles such as labor shortage and transportation disruptions.
“Policymakers face two trade-offs at this juncture: between virus control and production resumption, and between reviving activity and maintaining a disciplined approach to easing,” the Wall Street firm wrote in a note on Monday.
12:20 pm: Indonesia confirms first two coronavirus cases
Indonesia has confirmed its first two coronavirus cases, according to a Reuters report, citing Indonesian President Joko Widodo.
Meanwhile, Singapore reported Sunday that two of its new cases have been to Batam, Indonesia. They did not have any travel history to China or South Korea. — Tan
11:30 am: US investigates faulty coronavirus test kits
The U.S. Department of Health and Human Services said that it’s investigating a manufacturing defect in some initial coronavirus test kits, according to a Reuters report.
That has sparked some states to seek approval to use their own kits, and the U.S. Food and Drug Administration on Saturday said it would allow some labs to use tests they have developed, in order to speed up testing capacity, the report said.
In New York, where the first case in Manhattan was just reported, Gov. Andrew Cuomo said the state has sought approval to begin using its own test kit. — Tan
10:38 am: Second coronavirus death in the US
Health authorities in Washington confirmed a second death in the U.S. from the new coronavirus on Sunday.
The patient was a man in his 70s, who was hospitalized at EvergreenHealth, a hospital in Washington State, according to Seattle and King County Department of Public Health. — Tan
10:01 am: First coronavirus case confirmed in New York City
The first coronavirus case in Manhattan has been confirmed, a woman who recently traveled to Iran and is currently isolated in her home, according to a person familiar with the matter.
New York Gov. Andrew Cuomo confirmed the state’s first case on Sunday, without specifying where the patient lives. (see 8:50 a.m. update)
In a statement on Sunday night Eastern Time, New York City Mayor Bill De Blasio said: “From the beginning, we have said it was a matter of when, not if there would be a positive case of coronavirus in New York. Now our first case has been confirmed.”
He added: “Our health authorities have been in a state of high alert for weeks, and are fully prepared to respond. We will continue to ensure New Yorkers have the facts and resources they need to protect themselves.” — Kopecki
(This post has been updated to include the statement from New York City Mayor Bill De Blasio)
9:50 am: South Korea reports 476 more cases
South Korea reported a jump of 476 cases on Monday morning, bringing the country’s total to 4,212 cases.
There were four more deaths, bringing the total number of fatalities to 22, according to the Korea Centers for Disease Control and Prevention. — Tan
9:40 am: Foreign firms in China still face challenges getting back to work
Surveys of foreign businesses released this week indicate many people in China still haven’t returned to work, especially in factories, adding to revenue losses.
Travel disruptions to the flow of people and goods are a top challenge for foreign companies in China right now, Greg Gilligan, chairman of the Beijing-based American Chamber of Commerce in China, said in a phone interview Friday. “There’s still a very large number of people who are still sheltered in place and cannot return to their (city) of residence.” — Cheng
8:50 am: New York reports first case
New York State has its first confirmed case, a woman in her 30s who traveled to Iran, said Andrew Cuomo, the governor of New York.
The patient “is not in serious condition and has been in a controlled situation since arriving to New York,” he said in a statement.
California’s Santa Clara County also confirmed three new cases, bringing its total to seven. — Tan
8:29 am: China reports 202 new cases, 42 more deaths
China’s National Health Commission reported 202 new cases, and 42 additional deaths, as of March 1.
Of those new cases,196 were from the epicentre of Hubei, as were all the 42 additional deaths.
That brings the country’s total to 80,026 cases and 2,912 deaths. — Tan
8:20 am: Australian, Japan shares fall
7:57 am: Macao’s casino revenue plunges nearly 88%
Macao’s gaming revenue plunged 87.8% in February as compared with a year ago, according to Reuters. Casinos in the Chinese territory were shut for two weeks as authorities scrambled to contain the virus outbreak.
Macao is heavily dependent on casinos, earning more than 80% of its revenue from gaming, but visits from tourists have practically dried up, according to the report. — Tan
Pedestrians wear face masks as they walk outside the New Orient Landmark hotel in Macau on January 22, 2020.
ANTHONY WALLACE | AFP via Getty Images
7:51 am: Asia markets set to continue falling
5:26 pm: France’s Louvre Museum closed
The spreading coronavirus epidemic shut down France’s Louvre Museum on Sunday, with workers who guard its famous trove of artworks fearful of being contaminated by the museum’s flow of tourists from around the world.
Almost three-quarters of the Louvre’s 9.6 million visitors last year came from abroad. The world’s most popular museum welcomes tens of thousands of fans daily in Paris.
“We are very worried because we have visitors from everywhere,” said Andre Sacristin, a Louvre employee and union representative.
“The risk is very, very, very great,” he said in a phone interview. While there are no known virus infections among the museum’s 2,300 workers, “it’s only a question of time,” he said.
A short statement from the Louvre said a staff meeting about virus prevention efforts stopped the museum from opening as scheduled Sunday morning. — Associated Press
2:43 pm: United postpones new pilot class and warns of additional flight cuts
United Airlines is postponing start dates for some new pilots this month and warned about further flight reductions, the carrier confirmed Sunday.
A 23-person class of pilots that was supposed to start training this week has been postponed. CNBC had reported the schedule change earlier on Sunday. The delay comes as the new coronavirus, or COVID-19, spreads, prompting United and its competitors to scale back some international routes. Pilot training can take several months before aviators start flying for the airline.
The coronavirus is a new challenge for airlines that have been dealing with slower-than-expected growth because of the nearly yearlong grounding of the Boeing 737 Max after two fatal crashes. — Josephs
11:22 am: US investigating whistleblower complaint that staff was inadequately protected from virus, health secretary says
The U.S. Department of Health and Human Services is looking into a whistleblower’s complaint that staff had inadequate protection from the coronavirus, HHS Secretary Alex Azar said.
“We are looking into these allegations. I am personally involved in doing so,” Azar told CBS’ “Face the Nation.”
A whistleblower has said workers from HSS were sent, without proper training and gear, to retrieve the first Americans evacuated from Wuhan, China, the epicenter of the virus.
Those workers were deployed in California, the person said. Azar said Sunday: “There was no spreading of the disease from this.” — Thomas
Read CNBC’s coverage from the U.S. overnight: Two more coronavirus cases confirmed in Seattle, Houston energy conference canceled
— CNBC’s Dawn Kopecki, Evelyn Cheng, Eustance Huang, Leslie Josephs and Lauren Thomas contributed to this report.