November 24, 2020
01 Top Story: Yellen pick offers China expertise
02 Asia Markets
Nikkei 225 index jumps 2.5%, S&P ASX 200 advances 1.3%, Hang Seng index adds 0.4%, CSI300 eases 0.61%, MSCI Asia Pacific index rallies 2.1%.
03 Will EVs end oil's reign?
The determination of China and India to bring new-energy vehicles onto their roads could spell the end of the oil era, Carbon Tracker strategist Kingsmill Bond tells Asia Times Financial TV
04 Lending threat to Ant
Speculation has emerged that big multi-platform internet sites involved in micro-lending and other e-commerce could be hit hard under proposed anti-monopoly rules.
05 China drone launch
The electric-powered v400 Albatross, developed by a Shanghai company, can perform tasks as diverse as carrying material, fast logistics, medical rescues and fire emergencies.
06 Asia vaccine boost
Australia, India, Indonesia, Japan and Vietnam are among the biggest pre-purchasers of Covid-19 vaccines; Less affluent Asian economies tilting towards Chinese vaccine candidates; Richer nations opt for candidates from Pfizer, BioNTech and Novavax.
07 ATF Big Picture Destination: the Moon
China hopes to follow in American footsteps and bring rock back from the Moon with the launch today of its Chang’e probe.
"This may be music to market ears as she has opined that the US needs to 'continue extraordinary fiscal support.”
OCBC head of research Selena Ling on the touted appointment of Jane Yellen to head US Treasury