(Bloomberg) Reserve Bank of Australia chief Philip Lowe faces a major communications challenge on Tuesday as speculation mounts he will scrap a bond-yield…
Inflation has gathered pace across the world, driven by soaring energy prices and supply chain disruptions on everything from semiconductors to cars and food.
(Bloomberg) The first pill to treat Covid-19 is on its way and vaccine producers are rolling out booster shots in wealthy countries. For investors, the next stage of the pandemic means a tougher landscape for stockpicking. The success of Merck & Co.’s oral antiviral treatment in a clinical trial has shifted the momentum in the stock market, weighing on shares of the companies that developed the most effective vaccines, Moderna Inc. and the duo of Pfizer Inc. and BioNTech SE. Nineteen months into the pandemic, a successful rollout of a Covid-19 pill could quicken and broaden the world’s recovery, opening up a plethora of investment opportunities in stock markets. Here are some stocks seen by traders as possible winners and losers: Pill Makers Dozens of companies around the globe have said they’re trying to do what Merck appears to have succeeded at: Develop an easily administered treatment that reduces the risk of serious illness or death for people infected with coronavirus. Fo
Private equity funds’ investment in Taiwan last year reached a high of US$3.7 billion, up 105 percent from US$1.8 billion in 2019, as more funds invested in semiconductors and renewable energy amid low interest rates, the Taiwan Mergers and Acquisition and Private Equity Council (MAPECT, 台灣併購與私募股權協會) said on Wednesday.
Although most of the 21 deals that closed last year were conducted by venture capital funds and were comparatively smaller in terms of investment, some were large, iconic deals, MAPECT said in a report.
MagiCapital Group Ltd (東博資本) spent US$426 million to purchase all shares of On-Bright Electronics Inc (昂寶), a China-based chipset
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