BlackRock Investment Institute cuts developed market stocks to ‘neutral’
(Reuters) – BlackRock Investment Institute on Monday cut its rating on developed market equities to “neutral”, after being “overweight” since the end of pandemic lockdowns in Western nations, due to attractive valuations.…
Asia likely to grow 5% faster than developed economies by year-end – Morgan Stanley
(Reuters) – Asia’s economic growth could outpace developed countries’ by 5% by end-2023 driven by China’s easing of COVID-19 curbs, strong domestic demand and interest rates staying in less-restrictive territory, said Morgan…
SK Hynix says has developed its most advanced 238-layer storage chip
SEOUL – South Korea’s SK Hynix Inc has developed its most advanced NAND flash chip made up of 238 layers of memory cells for use in PC storage devices and later smartphones…
Bank of Canada makes a splash with developed economies’ first 100 pointer
(Reuters) – The Bank of Canada on Wednesday delivered the first 100-basis-point rate increase among the world’s advanced economies in the current policy-tightening cycle as officials there eyeballed “higher and more persistent”…
S.Korea approves first domestically developed COVID vaccine
SEOUL – South Korea approved its first domestically developed COVID-19 vaccine, manufactured by SK bioscience Co Ltd, for general public use following positive clinical data, authorities said on Wednesday. The SKYCovione vaccine…
Treatment Developed by CHOP Researchers Prevents Hypoglycemia in Children with Hyperinsulinism
“There are currently very few medical treatments for HI, and those treatments are of limited effectiveness while also associated with significant side effects,” said senior study author Diva D. De León-Crutchlow, MD,…
S.Korea to lobby for inclusion in MSCI developed market index
By Jihoon Lee and Yena Park SEOUL -South Korea’s finance minister will lobby for the country to be included in the Morgan Stanley Capital International (MSCI) developed market index when he meets…
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