Asia-Pacific stocks rise following Wall Street bounce, positive Covid vaccine development

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Asia-Pacific stocks rise following Wall Street bounce, positive Covid vaccine development
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Biotech firm Novavax said Thursday that its coronavirus vaccine was more than 89% effective in protecting against Covid-19.

A study found that the vaccine appeared to be 85.6% effective against the U.K. variant. A separate phase two study in South Africa, however, showed the vaccine isn't nearly as effective against a new strain ravaging that country. Shares of the company were up more than 23% in after-hours trading.

Globally, the coronavirus has infected more than 101.25 million people while at least 2.18 million lives have been taken, according to data compiled by Johns Hopkins University.

 

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Asia stocks skid as global inflation fears, tech woes hit Wall StreetAsia stocks skid as global inflation fears, tech woes hit Wall StreetAsian stocks opened sharply lower on Friday after Wall Street's main indexes tumbled, with technology-related stocks under pressure following a steep rise in benchmark U.S. Treasury yields. More good news please((( Well yeah wean everything is a microchip in everything it’s nuts More good news please(((
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