Saudi Arabia's sovereign wealth fund plans to sell shares in Saudi Telecom Co. to raise up to $3.1 billion to fund a massive investment programme to diversify its oil-dependent economy.

Omicron fears have sparked a sell off in Asian stocks as the variant shows up in the continent

Bitcoin holds steady below $50,000 in volatile weekend trading

The Indonesian rupiah and the South Korean won also fell against the dollar on Monday, weighed down by the Federal Reserve's hawkish tone and fears over the new Omicron version.

In the face of low US bond yields and the potential of a speedier Fed tightening, gold prices remained subdued on Monday.

China's equities gained on Monday, citing claims that the country will reduce reserve requirements to help the real economy, especially small and micro businesses, and maintain a strong economy.

On Monday, US and European stock futures rose while Asian markets fell, while bonds lost their recent gains and oil rose as Saudi Arabia raised its crude prices.

Chinese developer China Evergrande Group is once again is on the verge of default, increasing anticipation of governmental intervention and a supervised debt restructuring.

New Zealand’s yield curve has flattened markedly, signaling that the central bank’s tightening cycle is expected to significantly slow economic growth.

Coronavirus limitations on the nation's east coast have been eased, which has resulted in a significant increase in the number of employment openings in Australia.

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