vaccines


Vaccine, US stimulus progress lifts sentiment

Vaccine, US stimulus progress lifts sentiment

(ATF) Hong Kong: Investors piled into risk markets on expectations of a speedy passage of the $1.9-trillion stimulus package, while continued rollouts of vaccines and slowing infections gave hopes of a global economic rebound. US Treasury Secretary Janet Yellen said in a CNN interview the world’s biggest economy could see …

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Yuan expected to climb to 6.51 in 2021

Yuan expected to climb to 6.51 in 2021

(ATF) On February 2, the exchange rate for the yuan "opened flat" and fell slightly. Later in the day, it had fallen to 6.4616 to the US dollar. However on Monday, the offshore yuan rate rose by 261 basis points, and in the future it is expected the yuan will …

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China allies back its vaccines despite doubts over safety and reliability

China allies back its vaccines despite doubts over safety and reliability

(ATF) China's Asian allies have rallied around its Covid-19 vaccines despite increasing doubts over their safety, efficacy and even price. Its two leading manufacturers, Sinopharm and Sinovac Biotech, have signed deals with more than a dozen countries including the Philippines, Thailand, Malaysia and Indonesia, as well as many buyers outside …

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‘Vaccine economy’ to deliver healthy boost for logistics sector 

‘Vaccine economy’ to deliver healthy boost for logistics sector

Europe’s logistics giants have been manoeuvring to claim their share of the ‘vaccine economy’ as the EU gears up for large-scale roll-out in 2021.Joern Schneemann thought he would be helping manage logistics for the Tokyo 2020 Olympics. Then, the Covid-19 crisis intervened, pushing the event back to 2021. Instead, the …

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Markets cautiously optimistic as year end approaches

Markets cautiously optimistic as year end approaches

(ATF) Hong Kong: Asian markets stayed weak on Tuesday as investors sought clarity on the impact of the new variant of the coronavirus, although analysts have started cautiously upgrading their economic assessments for the current year and for 2021.“Initial analysis indicates that the variant may spread more readily between people. …

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Vaccine optimism spurs risk taking

Vaccine optimism spurs risk taking

(ATF) Hong Kong: Investors rode the wave of optimism unleashed by Pfizer’s vaccine approval and upbeat news from the world’s third largest economy but the Hang Seng benchmark underperformed in Asia after the Trump administration barred investors from buying US-listed Chinese stocks that are also traded in Hong Kong. Pfizer …

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Asian markets steady despite Covid surge in US, Europe

Asian markets steady despite Covid surge in US, Europe

(ATF) Most Asian markets rose marginally on Friday amid growing confidence about coronavirus vaccines and stronger indications that the two main parties in Washington are open to a new stimulus package.A $908-billion proposal described as a 'starting point' for talks has won support from Democrats. That amount is well under …

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Normal is in sight again: UK approves Covid vaccine

Normal is in sight again: UK approves Covid vaccine

(ATF) The UK is likely to become the first country to begin inoculating its population against Covid after British medical regulators approved a treatment Wednesday.The exploratory drug devised by US pharmaceutical giant Pfizer and German biotech startup BioNTech was given the nod by the UK's Medicines and Healthcare products Regulatory …

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Small caps set to keep surging as vaccines aid recovery

Small caps set to keep surging as vaccines aid recovery

NEW YORK: Small-cap stocks have far outperformed their larger counterparts in November en route to their best monthly performance on record, and look set to remain Wall Street leaders as companies poised to benefit from an economic recovery. The Russell 2000 and S&P 600 indexes of small-cap stocks are up …

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Sinovac trial suspension complicates vaccine race for China

Sinovac trial suspension complicates vaccine race for China

(ATF) Brazil’s health regulator has suspended a Covid vaccine trial by Chinese firm Sinovac, citing a severe adverse effect.The extent to which the rollout of vaccines has become politicised was underlined when Brazilian president Jair Bolsonaro hailed the suspension as a “victory” for him personally, in a swipe at Sao …

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