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S&P and Dow advance, Treasury yields soar on potential vaccine
NEW YORK: The S&P 500 and the blue-chip Dow indices followed world equity indexes higher and U.S. Treasury yields surged on Monday, as progress in the development of a coronavirus vaccine sparked a surge of optimism that the global economy will stage a solid recovery as life returns to normal,
Wall St set to jump as Pfizer says vaccine effective
NEW YORK: Futures tracking the S&P 500 hit a record high on Monday after U.S. drugmaker Pfizer said its experimental vaccine was more than 90% effective in preventing COVID-19 based on initial data from a large study.
Pfizer and BioNTech say their Covid-19 vaccine is over 90% effective
(Reuters) - Pfizer Inc said on Monday its experimental COVID-19 vaccine was more than 90% effective, a major victory in the fight against a pandemic that has killed more than a million people, battered the world's economy and upended daily life.
Carlos Ghosn's accused escape plotters face sceptical US judge in extradition fight
BOSTON: A federal judge in Boston said on Thursday she would likely reject a last-ditch effort by two men to avoid being extradited to Japan to face charges that they helped former Nissan Motor Co Ltd Chairman Carlos Ghosn flee the country.
RHB raises earnings projection for Rubberex
KUALA LUMPUR: RHB Research anticipates strong earnings from Rubberex Corp Bhd in its upcoming results as its product average selling price (ASP) could have been higher than expected.
Johnson & Johnson fails to overturn US$2.12 bln baby powder verdict
Missouri's highest court on Tuesday refused to consider Johnson & Johnson's appeal of a US$2.12 billion damages award to women who blamed their ovarian cancer on asbestos in its baby powder and other talc products.
Malaysia an agile investment hub, even in health crisis
THE Covid-19 pandemic has brought with its devastating economic repercussions, possibly the harshest that we have seen in recent history. This has necessitated us to strike a delicate balance between safeguarding the health of our people while protecting their economic interests.
Ho Wah unit gets FDA nod for vaccine trials
PETALING JAYA: US-based E-MO Biology Inc, the joint-venture partner of Ho Wah Genting Bhd’s (HWGB) wholly-owned subsidiary, HWGB Biotech Sdn Bhd, has obtained approval from the US Food and Drug Administration (FDA) to conduct phase IV clinical trials for a vaccine against Covid-19.
Huawei lawyers ask Canada police why no 'alarm bells' rang during CFO's arrest
VANCOUVER/TORONTO: Huawei Technologies Co Ltd lawyers resumed witness testimony in a Vancouver court on Tuesday, asking why aspects of Chief Financial Officer Meng Wanzhou's arrest did not set off "alarm bells" to the arresting federal police officer.
