Canada, US Hold Constructive Trade Talks as Tariff Negotiations Continue 
Philippine GDP Growth Slows to 2.3% in Q2 
DeepSeek to Raise AI API Prices as Demand for New Models Surges 
China Exports Beat July Forecasts as AI Demand Fuels High-Tech Trade 
Mercedes-Benz Stock Offers Deep-Value Potential as Citi Sees Recovery Catalysts 
Australia Trade Surplus Returns in June as Iron Ore, Coal and LNG Exports Surge 
Oil Prices Slip as Hormuz Shipping Progress and Rising U.S. Crude Stocks Weigh on Market 
Asian Currencies Steady as Markets Await U.S. Jobs Data 
Asian Currencies Hold Steady as US Dollar Nears Seven-Week Low Ahead of Key Jobs Data 
US Dollar Falls as Weak July Jobs Report Dents Fed Rate Hike Bets 
US Stock Futures Rise as Markets Await July Payrolls Data 
Gold Prices Steady as Hormuz Tensions Fuel Fed Rate Concerns 
Alibaba Plans Revenue-Sharing Model for Qwen3.8-Max AI Commercial Users 
Wall Street Ends Mixed as Dow Hits Record Despite Tech Weakness 
AMP Shares Surge 13% After Strong Profit and A$150 Million Buyback 
China Trade Surplus Beats Forecasts in July as Exports Stay Strong 
Asian Stocks Cautious Ahead of US Jobs Data as Oil Rises 
Moderna has been chosen to be used for the inoculation of employees of South Korea’s top tech companies, including Samsung, LG, and SK Group. This information was revealed on Wednesday, June 9.
As per The Korea Herald, the S. Korean government has reserved Moderna COVID-19 vaccines for workers of major companies, and it is now preparing to distribute the vials to them in an effort to help businesses get back to normal operations as early as possible.
The inoculation for the leading firms in S. Korea
Based on the reports, the country’s Ministry of Employment and Labor already distributed a guide to firms on how the COVID-19 vaccine will be sent out and scheduled for their workers to receive the doses. Those that received the guide are Samsung Electronics, LG Group, and SK, also included in this guideline are the firms’ affiliates.
The guide was to allow the ministry to determine the amount of Moderna doses that the companies will need to have all of their workers inoculated. This vaccination program is said to be a strategic plan for industries that operate factories and have their own in-house clinics.
Since they have their own facilities, the vaccination will be easier since they can just get their schedules for the jab in their own clinics. It was revealed that the government may have to allocate more than 200,000 Moderna shots as in Samsung Electronics alone, it needs about 100,000 vaccine doses already.
“Employees who want to get the Moderna shots were told to submit applications,” an industry insider told the media outlet. “However, there is no confirmed administration schedule yet.”
For SK and LG, they are confirmed for Moderna jabs too and were already contacted by the government as well. "SK Hynix is considering measures to follow the government guideline regarding the vaccination," a company official stated.
S.Korea approves Moderna vaccine
Meanwhile, South Korea approved Moderna vaccines only last month, as per Reuters. The nation’s drug safety minister Kim Gang Lip confirmed that the American version of the COVID-19 vaccine was greenlighted in an effort to speed up the vaccinations.
Finally, it was revealed that three experts have participated in the Moderna review, and they recommended for the shots to be approved for two-dose inoculations.
