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Aussie share market finishes 2020 with steep slump
SYDNEY: The Australian share market finished firmly lower yesterday, closing out a shortened last day of trade for 2020 with all sectors sinking.
Biomedical industry new ‘growth engine’ in China
JINAN: In the Jinan-based Qilu Pharmaceutical Group Co, Ltd plant located in east China’s Shandong Province, production of China’s first bevacizumab injection is running full steam ahead.
CoronaVac efficacy at 50-90% in Brazilian trial
RIO DE JANEIRO: The CoronaVac COVID-19 vaccine developed by China’s Sinovac Biotech Ltd showed efficacy between 50% and 90% in Brazilian trials, Sao Paulo's state health secretary said, and full trial results will be released on Jan. 7.
Singapore’s manufacturing output surges
SINGAPORE: Singapore Economic Development Board has announced that the country’s manufacturing output increased 17.9% year-on-year in November, compared with a revised 0.8% decline in October.
Support for Singapore firms in precision engineering
SINGAPORE: The growing precision engineering sector here will benefit from new enhancements to a scheme that helps companies of all sizes build partnerships, according to Trade and Industry Minister Chan Chun Sing
Singapore gives more wage support for aviation, tourism sectors
SINGAPORE: Singapore will provide additional wage support to protect jobs in sectors hardest hit by the pandemic such as aviation and tourism till March next year, Deputy Prime Minister Heng Swee Keat said yesterday in a televised address to the nation.
Covid-19 forces Singapore into technical recession
Virus-bitten economy shrinks 12.6% y-o-y in second quarter
AstraZeneca gets US$1b to make Oxford vaccine
LONDON: AstraZeneca Plc received more than US$1bil in US funding to develop a Covid-19 vaccine from the University of Oxford and said it has supply agreements for 400 million doses.
