Live Streaming
Program Highlight
Company Profile
Zona Integritas
International News

International News (6893)

08
December

MEE3XPPTYZJH3D6NEFBBBMLF5A.jpg

 

BioNTech and Pfizer (PFE.N) said on Wednesday a three-shot course of their COVID-19 vaccine was able to neutralise the new Omicron variant in a laboratory test and said they could deliver an upgraded vaccine in March 2022 if needed.

BioNTech and Pifzer are the first manufacturers of a COVID vaccine to issue an official update on the efficacy of their shot against Omicron.

 

The German and U.S. companies said two doses of their vaccine resulted in significantly lower neutralising antibodies but a third dose boosted those antibodies by a factor of 25.

In the first official statement from manufacturers on the efficacy of their vaccine against Omicron, they said two doses resulted in significantly lower neutralising antibodies but a third dose boosted those antibodies by a factor of 25.

 

The Omicron variant was neutralised in samples of blood taken around a month after the third shot about as effectively as two doses neutralised the original virus identified in China.

"Ensuring as many people as possible are fully vaccinated with the first two dose series and a booster remains the best course of action to prevent the spread of COVID-19," Pfizer boss Albert Bourla said in the statement.

 

The Omicron variant, first detected in southern Africa last month, has triggered global alarm about another surge in infections. Cases have already been reported from Japan to the United States and across Europe.

The World Health Organization classified Omicron on Nov. 26 as a "variant of concern" but said there was no evidence to support the need for new vaccines specifically designed to tackle the variant and its mutations. read more

Nevertheless, the companies said they would continue efforts to bring an Omicron-specific COVID-19 vaccine to market. Work had started when the variant first raised concern on Nov. 25.

They said their planned production of 4 billion doses of the Comirnaty vaccine in 2022 was not expected to change if an adapted vaccine was required.

The findings are broadly in line with a preliminary study published by researchers at the Africa Health Research Institute in South Africa on Tuesday, which said Omicron could partially evade protection from two doses of the Pfizer/BioNTech vaccine and suggested a third shot might help fend off infection.

Research on the new variant is still at an early stage. Laboratory analysis at University Hospital Frankfurt in Germany found the ability to mount an antibody response to Omicron in people who had three shots was up to 37 times lower than the response to Delta. read more

"The companies believe that vaccinated individuals may still be protected against severe forms of the disease," BioNTech and Pfizer said, although lab data and real-world monitoring had yet to yield new insights.

The vast majority of surface structures on the Omicron spike protein targeted by the T-cells, which typically emerge after vaccination, are not affected by Omicron's mutations, they said.

T-cells are the second pillar of an immune response, alongside antibodies, and are believed to prevent severe disease by attacking infected human cells.

For their analysis, the two companies used a virus that was bio-engineered to have the hallmark mutations of Omicron, known as a pseudovirus, and blood was collected from subjects three weeks after a second vaccine dose or one month after a third.

There is no significant data yet on how vaccines from Moderna (MRNA.O), Johnson & Johnson (JNJ.N) and other drugmakers hold up against the new variant but they are expected to release their own data within weeks. (Reuters)

08
December

DYIHZU4JXJMBLG3A45P6RLGZIE.jpg

 

A Malaysian court on Wednesday upheld former premier Najib Razak's conviction on corruption charges over a multi-billion dollar scandal at state fund 1Malaysia Development Bhd (1MDB), dealing a blow to his hopes of a political comeback.

Najib was appealing a 12-year prison sentence and $50 million fine imposed by Kuala Lumpur High Court last year for criminal breach of trust, abuse of power and money laundering, one of five trials he is facing over corruption allegations.

 

The 1MDB case, which a U.S. attorney-general described as the worst form of kleptocracy, has cast a shadow over Malaysian politics since questions about the fund first emerged years ago.

U.S. and Malaysian authorities say $4.5 billion was believed to have been stolen and more than $1 billion made its way into Najib's personal accounts.

 

Najib has consistently denied wrongdoing and pleaded not guilty at the trial last year though the court found he had illegally received about $10 million from SRC International, a former unit of now-defunct 1MDB.

Court of Appeal Judge Abdul Karim Abdul Jalil, who led a three-member panel on the decision, said they agreed unanimously with the high court on Najib's conviction and sentencing, and dismissed his defence that all his actions regarding SRC were in the national interest.

 

"There is no national interest here, just a national embarrassment," Abdul Karim said.

The judge also said the evidence showed Najib knew or had reason to believe the funds in his accounts were proceeds of illegal activities and had failed to take steps to determine them as such.

Wearing a black suit, Najib showed no emotion as the judgment was read out and was seen taking notes occasionally during the hearing.

His appeal has been closely watched amid fears that ruling party leaders facing criminal charges could secure leniency after the return of Najib's party, the United Malays National Organisation (UMNO), to power in August.

'I DID NOT KNOW'

Najib has been free on bail pending the appeal, and Abdul Karim agreed to his request to be released on bail again and stayed the sentence.

At a virtual briefing after the verdict, Najib said he was disappointed with the decision and would appeal at the Federal Court, Malaysia's top tribunal.

"I did not know and I did not ask and I did not order anyone to move the 42 million ringgit ($9.95 million) to my account," Najib said.

Prosecutor V. Sithambaram told reporters Najib's appeal process at the top court could take up to nine months.

Najib faces a total of 42 criminal charges and five trials, including the SRC case, but remains influential and has been eyeing a political comeback, telling Reuters in September he has not ruled out seeking re-election to parliament.

He remains a lawmaker despite the conviction but the constitution bars him from contesting elections unless he gets a pardon or a reprieve from the country's monarch.

Adib Zalkapli, director of political risk consultancy BowerGroupAsia, said an acquittal would have given Najib the chance to reclaim the top job.

"But with the court's decision to uphold the guilty verdict, he has to wait a little longer before he could potentially make a credible comeback," he said.

Polls are not due until 2023 but analysts have said they could be called as early as the middle of next year, when a cooperation pact signed between the government and the opposition expires.

Asked if he would contest the next election, Najib told the news conference: "We will cross the bridge when we come to it." (Reuters)

08
December

YPJ2EQBBCJJIJA24ZIC2AJENZU.jpg

 

South Korea will consider expanding home treatment of COVID-19 patients, a health official said on Wednesday, as both new daily infections and severe cases hit record highs, putting hospital capacity under strain.

Infections in South Korea have skyrocketed this month after the government began to ease restrictions under a so-called "living with COVID-19" scheme in November.

 

The Korea Disease Control and Prevention Agency (KDCA) reported 7,175 new coronavirus cases and 63 deaths for Tuesday, the first time daily infections topped 7,000, while hospitals treated a record 840 critical and serious cases. read more

"It is important to retain or reduce the trend of the current scale of the severely-ill patients within a week or two," Son Young-rae, a senior health ministry official, told a news conference.

 

He said the government may need to make significant adjustments to the healthcare system if daily cases top 10,000, and consider expanding at-home treatment from around 50% currently, as four-fifths of COVID-19 patients are symptomless or have only mild symptoms.

Less than 3% of the COVID-19 patients were hospitalised in the UK, 6.95% in Singapore and 12.8% in Japan, Son said.

 

The government will mobilise additional personnel to oversee coronavirus patients treating themselves at home and improve the emergency transfer system to hospitals for those who develop severe symptoms, Kim told a COVID-19 response meeting. Private clinics will also treat COVID-19 patients in addition to large hospitals.

Prime Minister Kim Boo-kyum urged the elderly to get booster shots with people aged 60 and above accounting for 35% of infections were and 84% of severe cases. He also urged adolescents to get vaccinated.

South Korea has so far confirmed 38 cases of the Omicron variant.

With 80% of South Korea's cases located in greater Seoul, authorities have struggled to secure enough beds for hospitalised patients in the area.

South Korea imposed stricter measures on Monday, including reduced numbers of people allowed at private gatherings and expanding vaccine pass mandates. read more

The country has so far reported a total of 489,484 COVID-19 cases, with 4,020 deaths. It has fully vaccinated 91.8% of its adult population aged 18 and above, KDCA data showed. (Reuters)

08
December

Screenshot_2021-12-08_214250.png

 

U.S. Secretary of State Antony Blinken will travel to Britain for a Group of Seven ministers meeting before visiting Indonesia, Malaysia and Thailand from Dec. 9-17, the State Department said on Wednesday.

At the G7 meeting in Liverpool Dec. 10-12, Blinken will speak with G7 members and countries joining as guests, including Australia, India, the Republic of Korea, and members of the Association of Southeast Asian Nations (ASEAN), the department said.

 

Security matters including the buildup of Russian forces on Ukraine’s border, COVID-19 vaccines, global infrastructure and growth in the Indo-Pacific region will be on the agenda, it said.

From there, Blinken will go to Indonesia, Malaysia, and Thailand on Dec. 13-16 to discuss regional issues including the situation in Myanmar, the department said. He will wrap up his trip with a stop in Honolulu, Hawaii, on Dec. 17 to meet with INDOPACOM Commander Admiral John Aquilino. (Reuters)

08
December

RMME46JZHRIK7JHUW3L6QDR6CI.jpg

 

Japan has reported its fourth case of the Omicron coronavirus variant, TV Asahi said on Wednesday.

The fresh case was a man in his 50s who had stayed in Nigeria, the network reported.

 

The Japanese government has enforced tighter border controls against the Omicron variant. (Reuters)

08
December

New Zealand's defence forces warned on Wednesday of the security threat from an increasingly powerful China as it assertively pursues its interests in the Indo-Pacific region.

Growing strategic competition between China, which is New Zealand's biggest trading partner, the United States and other powers will also boost potential for confrontation and conflict in the region, a defence assessment report for 2021 said.

 

"New Zealand faces a world in which strategic competition is increasingly the background for states’ relationships," the report said, adding that China’s rise was the major driver of such competition.

Even in the absence of open conflict, strategic competition would play out across arenas from space to cyber space in ways that will threaten New Zealand’s security, said the report, which is made every five years.

 

"This is true of both the wider Indo-Pacific and New Zealand’s immediate region."

New Zealand has publicly expressed its concern over developments such as the building and militarisation of features in the South China Sea, the report added.

 

One of the biggest possible threats New Zealand could face would be the setting-up of a military base or dual-use facility in the Pacific by a state that did not share its values and security interests, the report said.

China has drawn up plans to upgrade an airstrip and bridge on one of Kiribati’s remote islands to revive a site that hosted military aircraft during World War Two.

New Zealand relies on its Western allies, including neighbouring Australia, for its security needs. U.S. President Joe Biden has signalled a renewed commitment to bolster his country's influence in the Indo-Pacific. read more

"Washington’s delivery on this commitment, over both short and longer terms, will be important in determining the future for this region, including New Zealand's own neighbourhood," the report added. (Reuters)

08
December

Myanmar soldiers have been accused of rounding up 11 people in a village in a central area of the strife-torn country before shooting them and setting fire to their bodies, according to residents in the area and media reports.

The charred remains were found in a village in Sagaing, an area which has seen fierce fighting between security forces and militia set up by opponents of military rule since a Feb. 1 coup, said residents, who said some of the victims were still alive when burned.

 

Video footage purporting to show the burned bodies was circulated on social media and images were published by some media including the Myanmar Now news portal.

Reuters could not independently verify the authenticity of the footage or claims over how the 11 died and a spokesman for the junta did not answer calls seeking comment.

 

A volunteer aid worker in the area, who asked not to be identified, said by telephone troops had entered Don Taw village early on Tuesday and the victims were killed at around 11 a.m. that day.

"The troops were just brutally killing anyone they could find," the volunteer said, citing witness accounts. The volunteer has assisted people who have fled Don Taw and other nearby villages.

 

The volunteer said it was unclear if the victims were militia members or ordinary civilians.

Myanmar has been in chaos since the military overthrew Aung San Suu Kyi's democratically elected government, with widespread protests and the formation of militia, known as People's Defence Forces (PDF), to take on the well-equipped army.

Kyaw Wunna, a member of a PDF in the region, said by telephone he was informed that troops had arrived firing weapons and those detained were taken to a field near the village before being killed.

Kyaw Wunna declined to disclose the source of the information.

Another volunteer aid worker said they had spoken to witnesses among some of the 3,000 people who had fled from five villages in the area and had gone into hiding, fearful of more arrests and killings.

A relative of one of the victims told Reuters the dead man, Htet Ko, was a 22-year-old university student and not a member of any militia and not armed.

"This is inhumane. I feel deep pain in my heart," said the relative, who said the man had tried to flee, but had been wounded by gun fire.

Dr Sasa, a spokesperson for Myanmar's shadow civilian government set up following the coup, alleged the victims had been "lashed together, tortured, and ultimately burned alive".

In a post on social media, he listed what he said were the names of the 11, all male and including a boy of 14.

"These horrific attacks show that the military have no regard for the sanctity of human life," he said.

The Assistance Association for Political Prisoners (AAPP), a monitoring group cited by the United Nations, says more than 10,700 civilians have been detained and 1,300 killed by security forces since the military seized power.

The military says AAPP is biased and uses exaggerated data and that hundreds of soldiers have also been killed. (Reuters)

08
December

 

C45TSEF7EZOUPAPAHOD776GLOY.jpg

 

 Japan will deny some tax breaks to big companies that do not hike wages while boosting deductions for those that do, as it moves to boost domestic salaries, a final draft of the ruling party's annual tax reform plan showed on Wednesday.

Wages in Japan have stayed largely flat over the past 30 years, OECD data shows, causing "lost decades" and grinding deflation, while the ruling LDP and its coalition ally Komeito are expected to endorse the plan on Friday.

 

The carrot-and-stick approach underscores Prime Minister Fumio Kishida's focus on distributing wealth to households, with steps such as urging pay hikes of 3% or more by firms whose profits have returned to pre-pandemic levels.

"The move shows the government has no choice but to intervene in private-sector wages to stoke a positive cycle of broad wage hikes and sustainable inflation in the long run," said analyst Yoshimasa Maruyama.

 

But it was doubtful the measures would immediately prompt firms to raise wages as they had recently lifted pay, added Maruyama, the chief market economist at SMBC Nikko Securities.

Lawmakers of Kishida's Liberal Democratic Party (LDP) have also agreed on tweaks to tax breaks on mortgages in another major reform for the next fiscal year, a senior lawmaker told Reuters.

 

Such tax breaks, adopted to cushion the pain of a hike in sales tax in Oct. 2019, now permit a deduction of 1% of outstanding housing loans at the end of each year, for up to a decade.

LDP lawmakers agreed on Tuesday to cut that deduction to 0.7% instead of 1%, as the exemptions outstrip the interest rates paid by homebuyers on such loans, while extending the term to 13 years from 10, to keep the amount of tax breaks steady.

UNDER PRESSURE

Since it swept to power in late 2012, the LDP-led government has piled pressure on cautious Japanese firms to spend their record cash piles to boost wages. But many have resisted, in the face of economic uncertainties.

Large companies that raise wages by 4% from the previous year will get deductions of up to 30% of taxable income, up from the maximum of 20% now, according to the plan for next fiscal year's tax reform obtained by Reuters.

Small firms that raise wages by 2.5% will qualify for a tax deduction of up to 40% from the current maximum of 25%.

However, companies that do not raise wages will not be able to claim tax deductions for spending on areas such as research and development, promoting investment, 5G, digital transformation and carbon neutrality, the draft showed.

Wage increases of 4% would represent a significant hike for Japanese firms, compared with offers of about 2% at annual wage talks with unions in recent years. (Reuters)

07
December

wehj.png

A senior Myanmar junta official said on Tuesday the imprisonment of Aung San Suu Kyi showed that no one was above the law and the army chief had commuted her sentence on "grounds of humanity".

Information Minister Maung Maung Ohn also told a virtual briefing that Myanmar's judicial system was impartial and Monday's sentencing of the Nobel laureate and former leader was according to the law.

 

Suu Kyi, 76, was sentenced to four years in prison for incitement and breaching coronavirus regulations but the military junta leaders reduced it to a two-year term of detention in her current location.

“There is no one above the law,” Maung Maung Ohn said on Tuesday, adding that Myanmar's judicial system "has no partiality".

 

He was speaking at a rare media briefing on the economy during which he and the junta’s investment minister said the situation in the country was stabilising.

They said preparations for elections to be held before August 2023 were under way but would not confirm whether Suu Kyi's party, the National League for Democracy, would be allowed to compete.

 

The party is under investigation by the election commission, which Maung Maung Ohn said was due to report back early next year.

Myanmar has been in crisis since the military seized power in a Feb.1 coup, arresting Suu Kyi and most of her government.

Security forces seeking to crush opposition have since killed more than 1,200 people, according to monitoring group the Assistance Association for Political Prisoners, and armed rebellions have sprung up across the country.

On Sunday, security forces in a truck rammed into a flash mob protest in the commercial capital of Yangon, killing at least five people, the news website Myanmar Now reported.

Maung Maung Ohn said the protest was the result of pressure from anti-coup groups “so that young people get emotional” but that crowd management by authorities “is sometimes handled unintentionally”.

“Such kind of protests should be prevented according to the law,” he said.(Reuters)

07
December

wegdh.png

Myanmar's military-appointed foreign minister, Wunna Maung Lwin, held talks in Cambodia on Tuesday, a day after the junta drew global condemnation for sentencing deposed leader Aung San Suu Kyi to jail for incitement and breaching COVID-19 rules.

Wunna Maung Lwin met Cambodian Prime Minister Hun Sen at the Peace Palace in Phnom Penh, with the men tapping elbows in a greeting before talks, government handout pictures showed.

 

Cambodia will chair the 10-member Association of Southeast Asian Nations (ASEAN) next year, a bloc that has seen divisions over member Myanmar since Suu Kyi's government was overthrown in a Feb. 1 coup.

With some ASEAN members angered by the Myanmar military's unwillingness to deliver on its commitment to end hostilities and start dialogue, its leader Min Aung Hlaing, was not invited to a virtual summit of ASEAN leaders in October, in an unprecedented snub.

 

But Hun Sen, who has over the years faced criticism from rights groups and Western governments over what they see as his suppression of democracy, said on Monday junta officials should be invited to the bloc's meetings.

Hun Sen and Wunna Maung Lwin discussed bilateral relations, ASEAN issues and ways to re-establish good relationships within the bloc, said Eang Sophalleth, an assistant to the prime minister.

 

The foreign minister also handed Hun Sen an invitation for a visit to Myanmar on Jan. 7-8, which Hun Sen accepted, Eang Sophalleth said. Hun Sen would be the first government leader to visit Myanmar since the coup.

Cambodia's Foreign Minister Prak Sokhonn also met Wunna Maung Lwin and said Cambodia and other ASEAN member states would help Myanmar achieve "a win-win solution".

He did not elaborate on what that might entail and no mention of the Suu Kyi verdict was made in official statements on the Myanmar minister's visit.

The international spotlight focused on Myanmar again on Monday when a court found Suu Kyi guilty of charges of incitement and breaching coronavirus restrictions, drawing condemnation of what critics said was a "sham" trial.

She will serve two years in detention at an undisclosed location, after her sentence was halved in a partial pardon from Myanmar's military chief.

Suu Kyi's supporters say the cases against her are groundless. Her conviction had been widely expected in Myanmar.(Reuters)