By Chang-Ran Kim
TOKYO, May 21 (Reuters) - Japan is expected to expand a state of emergency to cover the island of Okinawa on Friday, and it is also set to approve Moderna Inc and AstraZeneca PLC COVID-19 vaccines after health regulators green light a day earlier.
Japan kicked off its vaccination campaign in mid-February using Pfizer Inc s vaccine but has so far inoculated just 3.9% of its population - the slowest rate among the world s larger, rich countries.
Media reported on Friday that despite the expected approval of the two additional vaccines, the government was likely to wait on using AstraZeneca s shots for the time being due to concerns over blood clots. Japan has arranged to buy 120 million doses of the British-Swedish drugmaker s vaccine, enough for 60 million people.
Japan to approve more COVID-19 vaccines as state of emergency set to widen
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Japan to approve more COVID-19 vaccines as state of emergency set to widen
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SK Innovation says refining margins to gradually improve in Q2
5/13/2021
SK Innovation Co Ltd, the owner of South Korea s top refiner SK Energy, said refining margins were likely to gradually improve in the second quarter due to recovering demand as the impact of COVID-19 eases.
The company posted an operating profit of 503 billion won ($444.88 million) in the January-March quarter, compared with an operating loss of 1.8 trillion won in the same period a year earlier.
Revenue declined 16% to 9.2 trillion won from a year earlier. That compares with the 9.9 trillion won forecast of analysts in the Refinitiv SmartEstimate. Despite the resurgence of COVID-19 in some regions and countries, as vaccinations in the United States and Europe continue, expectations about demand recovery are growing, Lee Dong-yeol, the head of SK Energy s corporate planning office, said in a earnings conference call.
India s richest state suffers surge in COVID-19 cases
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