SINGAPORE: Airlines have taken off in Asia and casino operators are enjoying a massive winning streak as news of a vaccine breakthrough fuelled hopes Tuesday that the world can finally begin returning to normal.
Japan Airlines soared by a fifth, gaming giant Wynn Macau rallied 10% and the owner of Singapore’s Universal Studios piled on 7% with traders betting on a recovery in the shattered tourism sector.
But it wasn’t all sunshine and light on trading floors as surgical glovemakers, tech giants and others that have benefited from the Covid-19 impact this year were tossed away.
Global markets have soared after US giant Pfizer and its German partner BioNTech announced Monday that a Phase 3 trial showed their vaccine candidate was 90% effective in preventing…
We use cookies on our website to give you the most relevant experience by remembering your preferences and repeat visits. By clicking “Accept”, you consent to the use of ALL the cookies.
This website uses cookies to improve your experience while you navigate through the website. Out of these, the cookies that are categorized as necessary are stored on your browser as they are essential for the working of basic functionalities of the website. We also use third-party cookies that help us analyze and understand how you use this website. These cookies will be stored in your browser only with your consent. You also have the option to opt-out of these cookies. But opting out of some of these cookies may affect your browsing experience.
Necessary cookies are absolutely essential for the website to function properly. This category only includes cookies that ensures basic functionalities and security features of the website. These cookies do not store any personal information.
Any cookies that may not be particularly necessary for the website to function and is used specifically to collect user personal data via analytics, ads, other embedded contents are termed as non-necessary cookies. It is mandatory to procure user consent prior to running these cookies on your website.
