After weeks of waiting, President Donald Trump's administration cleared the way for President-elect Joe Biden to transition to the White House, giving him access to briefings and funding even as Trump vowed to continue fighting the election results.
Stocks, oil and risk currencies gained on Tuesday as the formal go-ahead for U.S. President-elect Joe Biden to begin his transition burnished a November already boosted by COVID-19 vaccines.
Tesla shares rose 6% on Monday, approaching a $500 billion market value and extending gains to 27% since news a week ago that the electric car maker will debut in the S&P 500 in December, forcing index funds to buy billions of dollars of its stock.
Taiwan has been having "good interactions" with U.S. President-elect Joe Biden's team, the foreign ministry said on Tuesday, as it seeks to cement ties with the incoming administration after getting strong support from President Donald Trump's government.
The outgoing administration of U.S. President Donald Trump on Monday issued a new temporary rule that could require tourist and business travelers from two dozen countries, most in Africa, to pay a bond of as much as $15,000 to visit the United States.
Taiwan President Tsai Ing-wen on Tuesday vowed to defend the democratic island's sovereignty with the construction of a new fleet of domestically-developed submarines, a key project supported by the United States to counter neighbouring China.
Israeli Prime Minister Benjamin Netanyahu said on Tuesday he would visit Bahrain "soon" at the invitation of the Gulf state's Crown Prince Salman al-Khalifa.
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