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SEOUL: When Ryu Han-na, a 20-year-old university student, got cosmetic surgery on her nose in mid-December, she had a simple reason: it might be the last chance to do so covertly before people start taking off masks this year as vaccines are distributed.
AFTER a tumultuous 2020, a better outlook awaits Asian companies, on expectation of a recovery in the macro economy and corporate earnings.
The good news is the worst appears to be over, and some stock markets have already recovered all their losses over the year. Within Asean, Bursa Malaysia is one example.
BEIJING: China will reduce or cancel tariffs on certain imported goods and materials starting in 2021 in a bid to expand imports, boost the domestic market and support the formation of high-standard free trade areas under the country’s new “dual-circulation” development paradigm, according to the Finance Ministry.
TOKYO: The Japanese government exclude Tokyo and Nagoya as destinations from its subsidised “Go To Travel” campaign owing to an escalation in Covid-19 cases in both cities.
FRANKFURT: Britain's AstraZeneca has agreed to buy U.S. drugmaker Alexion Pharmaceuticals for $39 billion in its largest ever deal, diversifying away from its fast-growing cancer business in a bet on rare-disease and immunology drugs.
Malaysia aims for revenue to surpass RM1bil in 2 to 3 years
TOKYO: Asian shares scaled a record high on Friday on growing prospects of a large U.S. economic stimulus package, while hopes that coronavirus vaccine rollouts will boost the global economy underpinned investor sentiment.
WASHINGTON: U.S. employers likely hired the fewest workers in six months in November, hindered by a resurgence in new COVID-19 cases that, together with a lack of more government relief money, threatens to reverse the recovery from the pandemic recession.