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Bitcoin price slides more than 5% after topping $40,000 for first time

The world's most popular digital currency slid to as low as $36,618.36 on Bitstamp exchange, after reaching an all-time high of $40,402.46 in the previous session

Hyundai Motor says it is in early talks with Apple, shares surge 24%

Hyundai Motor said it in was in early discussions with Apple after Korea it was reported that the two were in talks to cooperate on electric cars and batteries, sending Hyundai's shares surging 24%

MSCI says will delete three China telecom companies from its global indexes

Global index publisher said it will delete China Mobile, China Telecom and China Unicom Hong Kong from its global indexes

No diplomatic ties to Qatar yet, but trade, travel resuming, says UAE

Arab states boycotting Qatar could resume travel and trade links with Doha within a week under a US-backed deal, but restoring diplomatic ties requires more time as parties work to rebuild trust

Oil prices hit 11-month high on Saudi cuts, shrugs off US political turmoil

Oil prices settled higher, hitting 11-month peaks, as markets remained focused on Saudi's unexpected pledge to deepen its oil cuts and firmer equities, shrugging off political turmoil in the US

Explained: How security failures enabled Trump mob to storm US Capitol

Lawmakers inside the building blamed a lack of preparation for the historic security breach

Trump administration expected to mull expansion of China investment ban

The order has spurred confusion among investors and firms seeking to comply

Oil hits 11-month high on Saudi cuts, shrugs off US Capitol unrest

Brent crude rose 18 cents to $54.48 a barrel by 1:32 p.m. EST (1832 GMT) after touching $54.90, a high not seen since before the first Covid-19 lockdowns in the West

Transportation secretary Elaine Chao resigns after US Capitol violence

Chao, the wife of Senate Majority Leader Mitch McConnell, said the mob attack "has deeply troubled me in a way that I simply cannot set aside." She said her resignation will take effect on Monday

Wall St at record high as Democrats take control of Senate; Dow up 200 pts

Rate-sensitive bank shares gained 3.2%, tracking a surge in the benchmark 10-year U.S. Treasury yield.

South Africa says to get 1.5 million vaccines from Serum Institute of India

A million jabs to be delivered in January and the remainder the following month

India's fiscal deficit likely to be over 7% in 2020/21: Report

A fiscal deficit of more than 7% would be higher than some private economists have projected

Saudi's surprise output cut to lift Brent to $60 a barrel by mid-year: UBS

UBS expects Brent to trade at $63 per barrel in the second half of 2021

BlackRock raps board of world's biggest glove maker over worker safety

The board of directors of Malaysian firm Top Glove has failed egregiously in protecting its workers from Covid-19, US investor BlackRock said, calling for its removal

S&P Dow Jones to remove ADRs of Chinese telecom firms after NYSE decision

S&P Dow Jones Indices said it will remove the American Depositary Receipts of three Chinese telecom companies, China Mobile, China Telecom Corporation and China Unicom (Hong Kong), from its benchmarks

NYSE confirms latest u-turn, says it will delist 3 Chinese telecom firms

NYSE said it'll delist three Chinese telecom firms, confirming latest U-turn on the matter a day after US Treasury Secretary told NYSE chief he disagreed with an earlier decision to reverse delistings

Gold prices inch down as higher yields outweigh stimulus optimism

Gold prices edged lower on Thursday as firmer Treasury yields eclipsed support from a Democrat sweep in Georgia Senate runoffs that boosted hopes for more stimulus

US considering adding Alibaba, Tencent to China stock ban: Report

The Trump administration is considering adding Alibaba Group Holding and Tencent Holdings to a blacklist of Chinese companies that are allegedly owned or controlled by the Chinese military

US to urge firms to comply with China investment ban in new guidance

The US State Department plans to release as soon as Wednesday a fact sheet urging US investors to comply with an executive order banning investments in alleged Chinese military companies, sources said

Gaming platform Roblox valued at $30 billion, plans direct listing

Roblox Corp said it aims to go public through a direct listing, instead of an IPO as originally planned, and has raised new funding in a deal that values the US gaming platform at nearly $30 billion