Top news of the week: 19.04.2022.
Coronavirus
Second Global COVID-19 Summit scheduled for May 12
A second Global COVID-19 Summit will be held virtually next month for countries to discuss efforts to end the pandemic and prepare for future health threats, according to a joint statement ...
Taiwan says COVID vaccine talks held up on China sales deal
Talks on Taiwan buying the child version of the Pfizer /BioNTech COVID-19 vaccine have stalled as Pfizer does not have the right to sell it, and BioNTech and its Chinese partner do not make ...
Omicron-specific Sinopharm, Sinovac COVID vaccine candidates cleared for clinical trial
COVID-19 vaccine candidates developed by a Sinopharm subsidiary and Sinovac Biotech to target the Omicron variant were approved for clinical trials in Hong Kong, the companies said on ...
Worldwide COVID cases surpass 500 mln as Omicron variant BA.2 surges
Global COVID-19 cases surpassed 500 million on Thursday, according to a Reuters tally, as the highly contagious BA.2 sub-variant of Omicron surges in many countries in Europe and Asia.
Asian stocks in defensive mood on China and rate worries
Asian shares traded cautiously on Tuesday, with investors weighing China's measures to cushion an economic slowdown and the prospect of aggressive Federal Reserve monetary policy tightening.
China is at risk of self-inflicted recession
China’s stubborn battle to eradicate Omicron is raising the risk of a serious economic crisis. Nearly one-third of the population is under some sort of lockdown, with shops shut and ...
China urges policies to support catering, retail sectors
China's state planner called on Tuesday for the implementation of policies to support the country's catering and retail sectors.
China cuts reserve requirements for banks as economy slows
China said on Friday it would cut the amount of cash that banks must hold as reserves for the first time this year, releasing about 530 billion yuan ($83.25 billion) in long-term liquidity ...