Asia, World Indexes Down On COVID Infections
Finance
Wall Street Closes Lower As Shutdown Worries Loom
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HKMA Announces $23 Billion Limit On Cross-Border Investments
"Greater Bay Region residents will be able to make cross-border investments up to CNY1 million. -
Big Banks Go Green With Zero-Emission Targets
"“We have a landmark opportunity to accelerate our efforts to build a healthier, more resilient and more sustainable future,” HSBC said.
The Latest
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Dow Tops 30,000 On Vaccine Progress, Biden Transition
U.S. stocks rallied on Tuesday, with the Dow piercing the 30,000 level for the first time, as investors anticipated a 2021 economic recovery on progress on coronavirus vaccines and the formal clearance for President-elect Joe Biden's transition to the White House. 
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Musk's Bank Account Goes Stratospheric
Tesla founder Elon Musk bumps Microsoft founder Bill Gates into third on Bloomberg's Billionaires Index. 
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Asia Share Indexes Get On Biden Bandwagon, Vaccine Effervescence
MSCI's Asia-Pacific index advances 0.15%. Australia's S&P/ASX 200 was 1.1% stronger – its highest in almost nine months. 
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Tesla Defies Doubters As Builds On Rally Ahead Of S&P 500 Debut
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. 
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Vaccine Hopes Encourage Asia Share Buying
MSCI's Asia-Pacific index was up 0.56% Monday – pushing past a previous record Friday. 
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Mnuchin Scraps Virus Relief Sending Asia Markets Into Cautious Mode
Japan's Nikkei fell 0.5%, South Korea was even and Australia was mildly positive. China shares were little changed. 
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Blue Sky Coming: Nio's Third Quarter Loss Narrows On Year Thanks To Deliveries
Nio reported a 146% increase in revenues for the period at $667 million. 
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Asia Indexes Dip On Virus Cases, Weak U.S. Data
Japan's Nikkei dropped 0.76% while MSCI's Asia-Pacific index was little changed. 
