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CHICAGO, Nov. 24 (Xinhua) -- The monetary value of a vaccine that could potentially end the COVID-19 pandemic is between 5 percent and 15 percent of worldwide wealth, according to a study posted on the website of the University of Illinois (UI) on Monday.
CHONGQING (Xinhua): China will strengthen cooperation with Singapore to promote greater financial connectivity, according to officials
HONG KONG (Bloomberg): The surging coronavirus is stoking fears of a fresh downturn for the world economy, heaping pressure on central banks and governments to lay aside other concerns and do more to spur demand.
SINGAPORE (The Straits Times/ANN): Companies of all sizes will get more support in securing green and sustainability-linked loans, with a new grant scheme launched by the Monetary Authority of Singapore (MAS) on Tuesday (Nov 24).
KUALA LUMPUR: Top Glove Corporation Bhd, whose Klang factories have been impacted by the Covid-19 pandemic, has been ramping up production outside Klang to meet customers' demand.
HO CHI MINH CITY (Vietnam News/ANN): Weak regional connectivity across land, air and sea has hampered the growth of the southeast region of Vietnam. Economists believe for the region develop, it needs to change its mindset and strategy.
SINGAPORE (The Straits Times/ANN): Singapore’s economic growth will rebound in 2021 by the most in a decade, helped by a low base, but gross domestic product will probably not return to pre-Covid-19 levels until the end of next year.
KUALA LUMPUR: Shares of Top Glove Corporation Bhd fell to a low of RM6.80 early Tuesday trade after 28 of its factories in Kapar, Klang, will be closed in stages following a surge in Covid-19 cases.
WILMINGTON, Del./WASHINGTON - (Reuters) - U.S. President-elect Joe Biden is expected to tap former Federal Reserve Chair Janet Yellen as U.S. Treasury Secretary, putting a woman in the job for the first time, according to two Democratic allies.