Bloomberg Top News

South Korea’s antitrust watchdog will fine Tesla Inc. 2.8 billion won ($2.2 million) for alleged violations of advertising law.

As leaders in the Middle East use oil and gas wealth to gain influence and shake up economies, in Kuwait there’s concern the country is going backwards.

Chinese equities overcame early volatility to advance on the first day of the new year as optimism grew that Covid infections may have peaked in some parts of the nation.

European equity futures fell while US contracts and stocks in China gained ground to provide a mixed picture for global equities. The yen and gold surged to the highest levels in more than six months.

Nearly a dozen major Chinese cities are reporting a recovery in subway use, a sign that an ‘exit wave’ of Covid infections may have peaked in some urban areas.

India has drafted regulations for the first time to oversee areas of online gaming that fall into a gray area between gambling and entertainment, seeking to resolve growing complaints of addiction particularly among minors.

China Evergrande Group Chairman Hui Ka Yan vowed to ensure project delivery and debt payment, as the billionaire’s credit crisis drags into the new year.

Saudi Arabia saw the strongest increase in employment in almost five years even as business conditions in its non-oil economy improved at a slightly slower pace at the end of last year following a surge.

Bank of Korea Governor Rhee Chang-yong said the central bank will do its best to coordinate policy with the government to ensure the economy has a soft landing at a time when the country faces an array of headwinds from falling exports to a weakening property market.

The US tied Qatar as the world’s top exporter of liquefied natural gas last year, a milestone for the meteoric rise of America as a major supplier of the fuel.