Day: May 10, 2020

Japan targets 400,000 coronavirus antigen tests weekly

TOKYO — Japan hopes to test 400,000 people per week for the novel coronavirus, with the health ministry planning to approve the nation’s first antigen test kit for COVID-19 on Wednesday.

Though antigen tests are less accurate than polymerase chain reaction testing, they offer results in about 15 minutes as opposed to hours. PCR testing is currently the primary method for detecting COVID-19 infections, but Japan hopes to bolster its testing regime by combining the two types.

The ministry is set to approve a product from Tokyo-based Fujirebio, a subsidiary of Miraca Holdings. It also will cover the tests under

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South Korea’s Moon warns of COVID-19 second wave as cases rebound

SEOUL (Reuters) — South Korea warned of a second wave of the new coronavirus on Sunday as infections rebounded to a one-month high, just as the authorities were starting to ease some pandemic restrictions.

“It’s not over until it’s over,” President Moon Jae-in told the nation, saying a new cluster shows the virus can spread widely at any time, and warning of a second wave late this year.

The Korea Centers for Disease Control and Prevention (KCDC) reported 34 new infections, the highest since April 9, after a small outbreak emerged around a slew of nightclubs, prompting the authorities to

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Could Covid-19 finally solve the ‘productivity puzzle’?

The slowdown in productivity since the crisis has been the worst since the start of the Industrial Revolution when steam power was still in its infancy. Productivity is measured as output per hour worked or per worker. Increasing productivity and the amount of output a worker can generate is seen as the key to unlocking higher wages and better living standards for Britons.

However, the Office for National Statistics estimates that median productivity growth of 0.3pc in the 2010s is less than a quarter of the gains made during the decade before the crisis. The average private sector worker would

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South Korea’s Moon warns of COVID-19 2nd wave as cases rebound

SEOUL (Reuters) — South Korea warned of a second wave of the new coronavirus on Sunday as infections rebounded to a one-month high, just as the authorities were starting to ease some pandemic restrictions.

“It’s not over until it’s over,” President Moon Jae-in told the nation, saying a new cluster shows the virus can spread widely at any time, and warning of a second wave late this year.

The Korea Centers for Disease Control and Prevention (KCDC) reported 34 new infections, the highest since April 9, after a small outbreak emerged around a slew of nightclubs, prompting the authorities to

Read More