US Election 2020
On Nov 3, America chooses its president for the next 4 years
Traders unloaded Japanese yen and bought riskier currencies and the U.S. dollar on Monday as market confidence in the economy and world trade increased with progress on a COVID-19 vaccine and the prospect of Joe Biden being U.S. president. The yen , which had become a favored safe-haven, suffered its biggest loss against the U.S. dollar since March, with the greenback rising as much as 2.2%. So-called "risk-on" currencies, such as the Australian dollar and Norwegian krone, strengthened even more.
- Yahoo News Singapore
US Presidential Election 2020 LIVE: Biden takes lead in another key state to stand on brink of victory
Yahoo News Southeast Asia will be working with our colleagues in the UK and Australia to bring you round-the-clock coverage of the polls.
- Business Insider Video
The winner-take-all nature of the Electoral College gives disproportionate influence to voters in swing states.
Europe's benchmark stock index was flat on Monday with focus on Brexit negotiations, but was still on track for its best month on record on the prospect of easing coronavirus restrictions and hopes for a COVID-19 vaccine. After face-to-face talks restarted on Saturday, investors await news of a call between UK Prime Minister Boris Johnson and EU Commission president Ursula von der Leyen, seen as the first sign of movement either towards a trade deal or of talks crumbling five weeks ahead of the deadline. London's blue-chip stocks outperformed regional peers to trade up 0.2% as healthcare and industrial shares gained.
The dollar hit its lowest in two and a half years in early London trading on Monday while riskier currencies dipped slightly as the global equities rally paused for breath. Global market sentiment surged in November, causing the dollar to fall and riskier currencies to benefit, as investors' risk appetite was boosted by Joe Biden's victory in the U.S. presidential election, a series of positive COVID-19 vaccine developments and hopes for further stimulus. The dollar was set for its biggest monthly loss against a basket of currencies since July, having wiped 2.5% off its value in November.
- USA TODAY
Here is what you need to know about President-elect Joe Biden’s ongoing transition to power.
- USA TODAY
'Almost impossible': As education divide deepens, Democrats fear a demographic problem for future power
Democrats once thought a diversifying electorate gave them an advantage long-term over Republicans. But the 2020 election has raised doubts.
President-elect Joe Biden suffered hairline fractures in his foot while playing with one of his dogs and will probably have to wear a protective boot for several weeks, his personal physician said on Sunday. The incident happened on Saturday, Biden's office said in a statement, with the 78-year-old Democrat visiting an orthopedist on Sunday for x-rays and a CT scan. A "follow-up CT scan confirmed hairline (small) fractures," Biden's personal physician Kevin O'Connor said in a separate statement distributed by Biden's office.
- Associated Press
President Donald Trump clung to false notions Sunday that Joe Biden stole the presidential election, citing thousands of votes magically switched to the president-elect and poll watchers illegally barred on Election Day, neither of which happened. “We won the race,” Trump told Fox News Channel. THE FACTS: No, Biden won the election.
Brazil's far-right President Jair Bolsonaro said on Sunday he will wait "a little bit longer" to recognize a winner in the U.S. presidential election, suggesting there was evidence of fraud in the process. After voting in local elections in Rio de Janeiro, Bolsonaro, an ally of U.S. President Donald Trump, said he had heard the U.S. vote was rigged, but presented no evidence. "I have sources and they said there was a lot of fraud," Bolsonaro said of the U.S. presidential election on Nov. 3.