According to two sources who have seen the lab results, China’s CoronaVac, its COVID-19 vaccine, developed by Sinovac Biotech, has a general efficacy of less than 60% in clinical trial in Brazil. Brazil’s Sao Paulo’s Butantan biomedical center, which has… Read More ›
In a significant development, Australia has blocked a Chinese construction company from buying out a domestic builder involved in several high-profile projects, citing national security concerns, reported local media reports. In a regulatory filing to the Johannesburg stock market filing… Read More ›
Canadian prosecutors told a Canadian court that China’s Huawei Technologies had a plane waiting to whisk away the company’s Chief Financial Officer, Meng Wanzhou, back to China from Vancouver, even as a key verdict in her extradition case was to… Read More ›
According to two sources familiar with the matter at hand, the U.S. State Department has informed European companies that those helping to build Russia’s Nord Stream 2 gas pipeline face sanction risks. “We are trying to inform companies of the… Read More ›
On Tuesday, Chinese electric vehicle maker Xpeng Inc said, it has secured a $2 billion (12.8 billion yuan) credit line from five Chinese banks for expanding its manufacturing and sales. New York-listed Xpeng, which has a market value of $35… Read More ›
Market value worth more than $170 billion from the entire crypto currency market was wiped off on Monday after a fall in the value of bitcoin and other digital coins. According to Coinmarketcap, at 12:10 p.m. Singapore time, the total… Read More ›
According to researcher probing the huge cyber espionage campaign on entities in the United States which was discovered last month, claimed that the suspected group that conducted the cyber attack used malicious computer code that had links to spying tools… Read More ›
With the deteriorating relations between the United States and China, a set of new rules for countering “unjustified” laws and restrictions imposed in foreign countries on Chinese companies and citizens has been published by China’s Ministry of Commerce during the… Read More ›
Due to a sharp increase in financial risks since 2018, the International Monetary Fund (IMF) said that the medium term target for the fund’s precautionary reserves has been agreed to be raised by its Executive Board. The IMF said in… Read More ›
In a development that sees the end of a regional dispute, Bahrain’s civilian affairs authority said, it will open its airspace to Qatar from January 11. The development comes in the wake of a U.S.-backed deal by Arab states last… Read More ›
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