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Getting a COVID jab at work becomes possible in South Korea

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It’s a major step in the global vaccine rollout

South Korea’s large manufacturing employers have received permission from the country’s health authorities to administer COVID-19 vaccines at in-house clinics, hoping to speed up the inoculation of their employees.

The inoculation plans come amid the South Korean government’s push to ramp up vaccinations after a slow start.

Affiliates of the country’s biggest conglomerate Samsung Group plan to offer vaccine doses to employees at work next month.

Samsung plans to offer Moderna COVID-19 vaccines for its office and production workers, as well as workers from suppliers in South Korea who sign up for doses.

Other large companies registered to provide doses include chipmaker SK Hynix and tech company LG.

South Korea has inoculated 15.3 million people, or about 30% of its population, with at least one dose since it began administering vaccines in February.

Under the plans, only direct staff and from these manufacturing businesses and their suppliers are eligible for the new scheme.

The COVID pandemic has taken its toll on the manufacturing industry due to many delays and shortages as a result of shutdowns and restrictions.

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ASX positioned for strong start after positive stock rebound

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The ASX is set for a solid opening today, bolstered by overnight gains in the banking, commodities, and energy sectors.

Despite these positive movements, analysts are suggesting that the stock rebound and bond decline appear to be technically driven, noting that it may not mark the beginning of a longer-term trend.

Market analyst David Scutt from StoneX joins to discuss the latest market movements. #featured #trending

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Elon Musk is projected to become the world’s first trillionaire

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Elon Musk, the visionary entrepreneur behind Tesla and SpaceX, is projected to achieve an unprecedented financial milestone by becoming the world’s first trillionaire by 2027.

Currently the richest person alive, Musk holds a staggering net worth of $251 billion, with Tesla playing a major role in his fortune.

At this rate, experts predict his wealth could skyrocket, reaching the trillion-dollar milestone in just three years.

Tesla itself is growing at a remarkable pace, with a market value nearing $670 billion. #featured #trending

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Treasury Secretary believes the U.S. are on track for a “safe landing”

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Treasury Secretary Janet Yellen pointed to a “soft landing” for the economy, with unemployment slightly down despite slower job creation.

In a recent interview on Bloomberg, Yellen stated that “For the US, the kinds of metrics that we would monitor that would summarise risks — whether it’s asset valuations or a good degree of leverage — things look good, I don’t see red lights flashing”. #featured #trending

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