Covid-19

Merck’s drug raises hope for oral COVID-19 treatment

Merck and Co, COVID-19, Clinical Trial, Oral treatment

Highlights Positive results have been received from the Phase 3 Clinical trial of a new drug developed by Merck and Co and Ridgeback Biotherapeutics.  The drug molnupiravir could potentially reduce the risk of hospitalization and death by ...

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Did Saudis in US help hijackers? FBI reveals first declassified 9/11 document

Did Saudis in US help hijackers? FBI reveals first declassified 9/11 document

Highlights The FBI has commenced declassifying the files on 9/11 terror attack. The declassifying of the documents coincided with the 20th anniversary of the terror attacks The documents reveal the logistical support provided to two of the Sau...

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APAC markets see a muted week; China emerges as outperformer

APAC markets see a muted week; China emerges as outperformer

Highlights  China, Japan markets have outperformed other markets. COVID-19 continues to weigh heavy on Aussie equities. The KOSPI has been the worst performer in the region. In a muted week for the Asia Pacific equities, Chinese shar...

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COVID-19: A week that wreaked havoc in Australia

COVID-19: A week that wreaked havoc in Australia

Highlights The country saw 32% jump in the weekly cases. Thursday witnessed the highest number of cases reported by the country since the pandemic’s onset. Almost two-thirds of the country have now been vaccinated – at least with o...

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Lockdown to end soon? NSW inching closer to 70% vaccination milestone

Lockdown to end soon? NSW inching closer to 70% vaccination milestone

Highlights  NSW will start reopening the state after three months of COVID-19 lockdown. Australia is set to start vaccine passport services within weeks. Airline stocks continue to be battered. Australia’s most populous provinc...

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COVID-19 upturn stalls reopening of Australia’s travel bubble with New Zealand

COVID-19 upturn stalls reopening of Australia’s travel bubble with New Zealand

The reopening of Australia NZ travel bubble has received another setback after New Zealand’s Minister for COVID-19 Response Chris Hipkins brushed off the possibility of resuming quarantine-free travel bubble with Australia in the near future....

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How feasible is travel ban amidst Australian tourism woes

How feasible is travel ban amidst Australian tourism woes

Highlights  Australia has extended its international travel ban until mid-December, intending to fully vaccinate 80% of its adult population by then.  Export revenue from international education plunged 28% in one year, according to A...

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Canada snap election: Parties take opposite sides on vaccine mandate

Canada snap election: Parties take opposite sides on vaccine mandate

Highlights Justin Trudeau has publicly favored a vaccine mandate over the personal choice of Canadians. Erin O'Toole wants vaccines to remain a matter of personal choice. The COVID-19 pandemic has dealt a severe blow to the macroeconom...

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Asia Pacific markets close in green

Asia Pacific markets close in green

Highlights Most APAC markets began the week on a positive note. Australia recorded an unprecedented surge in fresh COVID-19 cases. Investors are keeping track of Meituan results. Asia Pacific shares on Monday closed mostly in the green, w...

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COVID-19: NSW records highest ever single-day tally

COVID-19: NSW records highest ever single-day tally

Highlights  New South Wales has reported the highest number of single day infections. Most cases in the country are locally transmitted. NSW mulls to open up pubs, cafes, and restaurants once 70% of the population is vaccinated. Aust...

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Asia Pacific markets mixed; all eyes on Powell’s Jackson Hole speech

Asia Pacific markets mixed; all eyes on Powell’s Jackson Hole speech

Asia-Pacific shares were trading mixed on Friday as investors remained guarded ahead of the Federal Reserve’s annual Jackson Hole symposium where Fed Chair Jerome Powell will be speaking. In Australia, the benchmark ASX200 pared early losses o...

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