Author: Bloomberg
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Rising US Treasury yields, crude prices weaken peso
The Philippine peso has been under siege from rising Treasury yields and buoyant crude prices. But technicals may offer some support.
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Ex-French President Sarkozy Found Guilty of Corruption
Former French President Nicolas Sarkozy’s slim chances of returning to frontline politics were dealt a potentially fatal blow after he was found guilty of corruption by a Paris court.
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More than 100 injured in 7.3-magnitude quake off Japan’s Fukushima
A 7.3-magnitude earthquake off Fukushima in eastern Japan injured more than 100 people, authorities said Sunday, nearly a decade after the region suffered a devastating quake, tsunami and nuclear meltdown.
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Senate Leaders Reach Power-Sharing Deal in 50-50 Chamber
Senate Majority Leader Chuck Schumer and Minority Leader leader Mitch McConnell reached a two-year power-sharing deal, according to a person familiar with the agreement, formally giving Democrats committee chairmanships and setting other ground rules, allowing the chamber to begin fully functioning after weeks of procedural limbo.
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J&J vaccine provides strong shield against severe Covid-19
Johnson & Johnson’s one-shot vaccine generated strong protection against Covid-19 in a large, late-stage trial, raising hopes that it can rapidly reshape a stumbling immunization campaign.
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UN Chief warns on vaccine inequity
UNITED NATIONS (Bloomberg) -- Vaccine coverage won’t reach a point that would stop transmission of the virus in the foreseeable future, the World Health Organization (WHO) warned on Monday as United Nations (UN) Secretary-General Antonio Guterres said the world is risking more virus variations by not pushing for vaccines in developing nations.
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Trump departs White House for final time
Donald Trump departed the White House a final time as president on Wednesday, skipping Joe Biden’s inauguration and instead throwing a military-style send-off for himself before he leaves for his Florida resort.
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Harris hopes to avoid tie-breaking votes
One of the few duties of the vice president spelled out in the Constitution is breaking ties in the Senate, but Vice President-elect Kamala Harris hopes she doesn’t have to do it much.
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Vaccine disparities raise alarm as COVID variants multiply
Global gaps in access to COVID19 vaccines are raising concerns that the continued spread of the coronavirus will breed more dangerous versions of the pathogen, weakening medical weapons and further crippling economies.
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Norway raises concern as 29 elderly people die after receiving COVID vaccines
Norway expressed increasing concern about the safety of the Pfizer Inc. vaccine on elderly people with serious underlying health conditions after raising an estimate of the number who died after receiving inoculations to 29.
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Why many Asian countries are being cautious on vaccines
The nations quickest to enact social distancing and contact-tracing systems have mostly kept COVID-19 in check, but their citizens now find themselves lagging in receiving the shots needed to finally end a pandemic that has devastated millions of lives.
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China denies two WHO members entry after failing COVID-19 tests
The World Health Organization’s mission to trace the origins of COVID-19 got off to a rocky start on Thursday, with two members of the 15-person delegation denied entry to China after failing to clear health-screening procedures.
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KKR raises $3.9 B in biggest Asia Infra Fund
KKR & Co. raised $3.9 billion for its first Asia-Pacific infrastructure fund, amassing the largest pool of cash in the region for investments in everything from waste management and renewable energy to communication towers.
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Malaysia declares state of emergency as pandemic worsens
KUALA LUMPUR, Malaysia (Bloomberg) -- Malaysia’s king declared a state of emergency in the Southeast Asian nation, in a move that could allow the embattled government to delay elections as it tackles the worsening coronavirus pandemic.
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Arnold Schwarzenegger tells President Trump he is ‘terminated’
Arnold Schwarzenegger offered his trademark parting message to Donald Trump after last week’s storming of the U.S. Capitol by the president’s supporters: “You are terminated, Mr. President,” Schwarzenegger told Germany’s Bild am Sonntag newspaper.
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Pelosi says House will vote to impeach Trump unless Pence acts
WASHINGTON, United States — The House will take up a resolution to impeach President Donald Trump for the second time in less than two years unless Vice President Mike Pence and the cabinet invoke the 25th Amendment this week to remove him from office, Speaker Nancy Pelosi said.
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Japan says it found new coronavirus variant similar to UK strain
Japan’s National Institute of Infectious Diseases said authorities have found a new strain of the coronavirus in four passengers arriving from Brazil.
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Pfizer, BioNTech shot may defeat new variants – study
Pfizer, Inc. and BioNTech SE’s COVID-19 vaccine may protect against the new fast-spreading variants of the coronavirus that have emerged in the UK and South Africa, according to a study.