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Emerging markets: Philippines stocks recover from early losses on Covid-19 curbs; Asian bond yields elevated
MANILA Feb 23 (Reuters):Most Asian equities rose while bond yields remained elevated, as investors awaited US Federal Reserve Chairman Jerome Powell's Congressional testimony later for clues into the central bank's thinking on inflation expectations and rising yields.
MANILA (The Straits Times/ANN): Philippine President Rodrigo Duterte on Monday (Feb 22) rejected his own Covid-19 pandemic task force’s calls to ease quarantine curbs to revive a stalled economy, unless the government could get a vaccine roll-out going.
News highlights from Asean countries in the Star-AseanPlus section for Monday (Feb 22)
HONG KONG (China Daily/ANN): Chief Executive Carrie Lam was inoculated on Monday (fEB 22) afternoon with a shot of Sinovac Biotech’s coronavirus vaccine as the city reported 16 new Covid-19 cases.
BANGKOK, Feb 22 (Bloomberg): Thailand extended a state of emergency until the end of March and ordered easing of some Covid-19 containment measures as authorities prepared to start a vaccination drive as early as next week.
BEIJING, Feb. 22 (Xinhua): A senior Chinese official on Hong Kong affairs on Monday said the Hong Kong Special Administrative Region (HKSAR) must be governed by "staunch patriots."