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Vaccine breakthrough boosts investor confidence in Asia

The encouraging news about an effective Covid-19 vaccine has strengthened investors’ belief in the recovery prospects of the region's economies and financial markets.
Vaccine breakthrough boosts investor confidence in Asia
This week’s positive news about a successful new Covid-19 vaccine has prompted investment teams at the region’s big institutions to consider more closely what the post-pandemic world will look like. Global pharmaceutical firm Pfizer made headlines on November 10 with news that its phase 3 coronavirus vaccine is shown to be more than 90% effective. The US company has said the vaccine will be ready for wide distribution as early as next month, although manufacturing and logistical l…
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