Germany vaccine Government Coronavirus Germany

Shares mostly lower in Asia after tech-led drop on Wall St

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coronavirus vaccines move closer to distribution, markets have been pushing higher on hopes the pandemic will begin to ease, allowing economies to recover.A vaccine from Pfizer and German partner BioNTech, which is already in use in the U.K., is on track for a positive review and potential approval in the U.S.

within the next week. The Food and Drug Administration will also consider a vaccine developed by Moderna later this month. The recent surge in coronavirus cases and tighter restrictions on businesses over the last few weeks have again raised the importance of a vaccine for beaten down businesses.The rollout of vaccines in Asia has been still slower.

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