Covid-19

Has COVID-19 pandemic proven more hostile to developing economies?

 Has COVID-19 pandemic proven more hostile to developing economies?

Highlights  Unlike advanced economies, developing countries would not be able to achieve pre-pandemic economic levels by 2023. As per the WHO, 85% of people in Africa have not received a single COVID-19 vaccine dose, while 36 countries hav...

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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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APAC markets start the week on a high, major indices surge 2%

APAC markets start the week on a high, major indices surge 2%

Equity markets in the Asia Pacific (APAC) region were rallying on Monday morning after the Hong Kong markets bounced back from last week’s bearish trend. By Monday afternoon, the benchmark Hang Seng Index of Hong Kong was trading 1.78% higher,...

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Crude oil marks worst run in four months as COVID-19 hits demand outlook

Crude oil marks worst run in four months as COVID-19 hits demand outlook

Crude oil prices are witnessing their worst run in about four months as concerns about the softened demand have resurfaced in the global oil market. The prices of Brent Crude Oil Futures for October 2021 have crashed 9.3% in the current month as the...

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APAC markets open mixed ahead of RBA decision

APAC markets open mixed ahead of RBA decision

The equity markets in Asia-Pacific (APAC) region traded mixed on Tuesday morning as investors are keenly looking out for the Reserve Bank of Australia’s latest monetary policy decision. In Japan, the benchmark Nikkei 225 slipped 0.34% in early...

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What’s impeding global vaccination drive? Debunking myths about COVID-19 vaccines

What’s impeding global vaccination drive? Debunking myths about COVID-19 vaccines

Summary Vaccination has been a game-changing tool in the battle against the COVID-19 pandemic. Over 3.6 billion people have been successfully vaccinated across the globe. Rising concerns about vaccine safety have triggered countless challenges...

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Worried about COVID-19? Here’s what you can do to stave off the virus

Worried about COVID-19? Here’s what you can do to stave off the virus

In May, when India hit the second wave peak, the world hoped that the virus might have been gone for good. But the tenacious virus seems to have another plan. The virus can beat any mobile phone maker fair and square, when it comes to upgrades. The v...

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COVID-19 fears continue to loom large on Tokyo Olympics

COVID-19 fears continue to loom large on Tokyo Olympics

The fears about a resurgence of the COVID-19 pandemic are still weighing heavy on Olympics 2020, as officials didn’t rule out the eleventh-hour cancellation. More and more athletes have started testing positive for the virus, and sponsors have...

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Britain’s complete unlock a calculated risk or a wild blunder?

Britain’s complete unlock a calculated risk or a wild blunder?

Summary The UK government has announced easing of almost all COVID-19 restrictions. Experts have sounded alarm on Britain’s unlock strategy, calling it a threat to the world and a potential ground for the emergence of COVID-19 variants th...

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APAC markets open in green; investors watchful of COVID-19 scenario

APAC markets open in green; investors watchful of COVID-19 scenario

The equity markets in the Asia Pacific region seem to have thwarted the bears that gripped the markets on Friday. The regional indices opened in green on Monday morning as investors have started monitoring the COVID-19 situation locally. In Japan,...

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Cuba develops homegrown COVID-19 conjugate vaccine

Cuba develops homegrown COVID-19 conjugate vaccine

Summary Caribbean nation Cuba is currently working on developing five COVID-19 vaccines, including Abdala and Soberana 2. On Friday, the country authorized Abdala for emergency use. Abdala became the first Latin American vaccine against coronav...

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