Rabu, 27 April 2022

Malaysia's Ringgit Heads for Steepest Monthly Decline Since 2016 - Bloomberg

Malaysia’s ringgit is heading for its biggest monthly loss in more than five years, as falling oil prices and a dovish central bank weigh on the oil exporter’s currency.

With oil prices erasing most of the gains made in the wake of Russia’s invasion of Ukraine in February, the ringgit, down 3.6% against the U.S. dollar so far this month, is poised for more declines on the back of China’s economic slowdown. 

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2022-04-27 04:03:00Z
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China Covid Situation Worsened by Lack of Local mRNA Vaccine - Bloomberg

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  1. China Covid Situation Worsened by Lack of Local mRNA Vaccine  Bloomberg
  2. China's Covid booster campaign slows as staff redirected to mass testing  Financial Times
  3. China's Covid booster campaign falters as staff redirected to mass testing  The Irish Times
  4. View Full coverage on Google News

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2022-04-26 20:00:25Z
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Selasa, 26 April 2022

Covid Lockdowns Show Xi Jinping Puts Ideology Before China's Economy - Bloomberg

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  1. Covid Lockdowns Show Xi Jinping Puts Ideology Before China's Economy  Bloomberg
  2. Beijing lockdown fueling fears  台北時報
  3. Shanghai residents voice frustration as strict COVID-19 lockdown continues  Arirang News
  4. Opinion: What the Shanghai lockdown tells us about China's future  The Globe and Mail
  5. A Misguided Policy That Is Starting To Come Apart | Mint  Mint
  6. View Full coverage on Google News

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2022-04-25 23:12:58Z
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Senin, 25 April 2022

China Lockdown Angst Rips Through Markets as Stocks, Yuan Plunge - Bloomberg

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  1. China Lockdown Angst Rips Through Markets as Stocks, Yuan Plunge  Bloomberg
  2. China lockdown fears rip through Asia markets as stocks, renminbi tumble  The Straits Times
  3. Stocks tumble as China lockdowns rattle investors  ฺBangkok Post
  4. Pinduoduo, Alibaba Lead Chinese ADR Decline Amid Lockdown Woes  Bloomberg
  5. Asian markets track Wall Street rout, oil sinks  INQUIRER.net
  6. View Full coverage on Google News

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2022-04-25 08:27:12Z
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Minggu, 24 April 2022

Indonesia's Anak Krakatoa volcano erupts, spews huge ash tower - CNA

JAKARTA: The offspring of Indonesia's infamous Krakatoa volcano erupted on Sunday (Apr 24), spewing a towering volcanic ash cloud about 3,000m into the sky.

Mount Anak Krakatoa, which means Child of Krakatoa, belched thick ash over the strait that separates the islands of Java and Sumatra, forcing authorities to warn nearby residents to wear masks outside.

"We are still recording continuous eruptions with thick clouds towering at between 500 to 3,000 metres from the peak," Deny Mardiono of Indonesia's Geological Agency told AFP.

Anak Krakatoa has erupted at least 21 times in recent weeks but Sunday's eruption was the largest yet, Mardiono said.

Authorities ordered people to stay out of a 2km exclusion zone around the volcano, which is currently graded at level two of Indonesia's four-tiered volcanic alert system.

"People, including tourists, should adhere to the recommendation from the Geological Agency, which prohibits anyone to be within a 2km radius from the crater," he added.

The volcano has been sporadically active since it emerged from the sea at the beginning of last century in the caldera formed after the 1883 eruption of Mount Krakatoa.

That disaster was one of the deadliest and most destructive in history with an estimated 35,000 people killed.

Anak Krakatoa last erupted in 2018, generating a tsunami that killed 429 people and left thousands homeless.

Indonesia, a Southeast Asian archipelago nation, sits on the Pacific Ring of Fire where the meeting of continental plates causes high volcanic and seismic activity.

The country has nearly 130 active volcanoes.

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2022-04-24 13:00:56Z
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Sabtu, 23 April 2022

EU regulator backs using Pfizer COVID-19 shot as booster after other vaccines - CNA

A European Medicines Agency (EMA) committee on Friday (Apr 22) recommended approving the use of Pfizer and BioNTech's COVID-19 vaccine, Comirnaty, as a booster for adults who have previously been inoculated with other vaccines.

The recommendation from Europe's drug regulator comes days after global COVID-19 cases surpassed 500 million, according to a Reuters tally, as the highly contagious BA.2 sub-variant of Omicron surges in many countries.

Some European countries are now seeing a slower uptick in new cases, or even a decline, but the region is still reporting over 1 million cases about every two days, according to the Reuters tally published on Thursday.

In the United States and the United Kingdom, Comirnaty has already been authorised as a booster following two shots of any other type of vaccine.

Some countries have also begun rolling out second boosters in certain groups, such as the immunocompromised and the elderly. In March, the EMA said that there was not yet enough data to support a recommendation on the need for a second booster shot in the general population.

Last week, Pfizer and BioNTech showed that three doses of their shot produced significant protection against the Omicron variant of the coronavirus in healthy children aged five to 11.

Analysts have forecast sales of US$33.79 billion for the vaccine in 2022, according to Refinitiv data. The two companies have already delivered more than 3.1 billion vaccine doses globally.

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2022-04-23 01:12:25Z
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Jumat, 22 April 2022

Influencer banned from Weibo after questioning Covid drug's efficacy - Insider

  • Wang Sicong has been banned from China's "Twitter" after questioning the use of traditional Chinese medicine to treat Covid.
  • The 34-year-old, who has 40.5 million Weibo followers, is the son of China's one-time richest man Wang Jianlin.
  • Despite a lack of reliable clinical data, Chinese authorities have recommended traditional medicines to treat Covid, per Reuters

The influencer son of a Chinese billionaire has been banned from posting on China's Twitter-like Weibo platform after he questioned the efficacy of a traditional Chinese medicine (TCM) endorsed by Beijing to treat mild Covid cases.

"The user is currently banned for violating relevant laws and regulations," reads a message on Wang Sicong's Weibo account, where he has more than 40.5 million followers.

Known for flaunting his lavish lifestyle online, the 34-year-old is the son of real estate mogul Wang Jianlin, who was once China's richest man.  

While Weibo did not provide details behind the ban, reports said it is related to the influencer's now-deleted posts on the Lianhua Qingwen capsules, a popular herbal medicine used to treat Covid. 

Weibo did not immediately respond to Insider's request for comment.

According to Bloomberg, Wang had reposted a video last week asking if the drug had ever been recommended by the World Health Organization as a Covid treatment. In a separate post, he also urged the Chinese securities watchdog to investigate Shijiazhuang Yiling Pharmaceutical, which makes the drug, per state media outlet Global Times

Shares of China-listed Shijiazhuang Yiling plunged by 10% on Tuesday, and shed another 10% the next day, per American news outlet Quartz

Despite a lack of reliable clinical data, Chinese health authorities have recommended TCM medicines, including the Lianhua Qingwen capsules, for use by Covid patients, per Reuters

In Shanghai, the epicenter of China's current Covid outbreak, millions of boxes of TCM products were distributed to residents across the city earlier this month. Lianhua Qingwen was also given to all Hong Kong households during the city's raging fifth wave of COVID-19 infections in March.

Made with 13 ingredients, including rhubarb, honeysuckle and apricot kernel, Lianhua Qingwen was developed in 2003 to treat severe acute respiratory syndrome (Sars), per South China Morning Post.

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2022-04-22 06:19:09Z
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