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Commentary: Emerging markets demolished in 2022 by rate hikes, Ukraine war and China's COVID battle, but analysts expect EMs to rebound in 2023; UBS expects EM equities, fixed income to earn total return of 8%-15% in 2023, after 15%-25% decline this year

BC study finds low but increased risk of myocarditis among young men after 2nd Moderna COVID-19 shot compared to those who got Pfizer-BioNTech vaccine; researchers found 99 cases of myocarditis out of total of 10.2 million doses that were administered

Goldman Sachs sees support for global commodity prices in mid-2023 on US dollar expected to ease, China's reopening from COVID-19 restrictions boosting risk appetite; Fed expected to pause monetary tightening in Q2 2023, which would provide some relief

Morningstar assigns Yum China with US$84 fair value estimate, 62% above recent trades, noting Q3 results reinforce view that firm will come out of pandemic as a more profitable business; China's zero-covid policy is biggest obstacle for restaurants there

Britvic reports fiscal 2022 revenue of £1.6B, up 15.5% from year-ago period, with growth across the retail and hospitality channels as the latter reopened fully following the end of COVID restrictions; adjusted EBIT rises 16% to £2.06M

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