An inter-agency task force has approved a plan to inoculate FIlipino health workers against the coronavirus using vaccines from Chinese drugmaker Sinovac BIotech Ltd., according to health authorities. This was upon the recommendation of an advisory group from the Department of Health (DoH), Undersecretary Maria Rosario S. Vergeire told an online news briefing on Friday. Experts agreed the vaccine would…
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Data firm that monitors Reddit says it saw GameStop mentions spiking days ago
Thinknum co-founder Justin Zhen told CNBC that his data firm started to see GameStop mentions spike before shares took off Wednesday. Source link
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PSEi seen to correct after underperforming in Feb.
LOCAL SHARES are expected to correct today as February ends, with the month seeing the market underperforming amid local and global developments. The Philippine Stock Exchange Index (PSEi) declined by 58.72 points or 0.86% to close at 6,755.95 on Wednesday, while the broader all shares index fell 41.56 points or 1% to end at 4,100.16. Financial markets were closed on…
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Nvidia beats as revenue grows 61% from a year ago
Nvidia stock has had a lot of momentum in recent months, with the stock rising over 106% in the past year. Source link
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Shares drop on delays in gov’t vaccine program
PHILIPPINE SHARES closed in the red on Wednesday as investors processed President Rodrigo R. Duterte’s decision to keep Metro Manila under strict quarantine measures until the country’s inoculation program begins. The Philippine Stock Exchange Index (PSEi) declined by 58.72 points or 0.86% to close at 6,755.95, while the broader all shares index fell 41.56 points or 1% to end at…
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Square buys $170 million worth of Bitcoin
The company said it purchased approximately 3,318 bitcoins, expanding on its Oct. 2020 purchase of 4,709. Source link
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Peso climbs vs dollar ahead of Powell remarks
THE PESO strengthened against the greenback on Tuesday as the dollar sank to a one-month low and amid expectations of supportive monetary policy from the US Federal Reserve. The local unit closed at P48.64 versus the dollar on Tuesday, gaining six centavos from its Monday’s finish of P48.70, data from the Bankers Association of the Philippines showed. The peso opened…
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U.S. surpasses 500,000 Covid deaths after yearlong battle with pandemic
500,000 Americans have died from Covid-19, a staggering toll that comes about a year after the virus was first detected in the U.S. Source link
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Peso sinks to six-month low
THE PESO retreated against the greenback on Monday to log its weakest close in six months amid market expectations of a recovery in imports amid vaccine procurement developments. The local unit ended at P48.70 a dollar on Monday, shedding 24.9 centavos from its P48.451 finish on Friday, data from the Bankers Association of the Philippines. This is also its weakest…
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South Africa Covid variant detected in New York resident for the first time, Cuomo says
Cuomo said on Sunday that a Covid-19 variant first identified in South Africa has reached New York. Source link
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