CNBC World News

The lawsuit in Michigan comes as President Trump faces an ultra-tight race against Democratic presidential nominee Joe Biden.

Malaysia's economic outlook has worsened as it battles a new wave of Covid-19, which forced the government to reinstate a lockdown in some states.

The abrupt suspension of Ant Group's initial public offering in Shanghai and Hong Kong has greater impact for Asia than the U.S. election result, says CIO of Reyl Singapore.

Pubs across the country slashed the price of draught beer before lockdown began at 00:01 local time on Nov. 5.

Michigan has 16 Electoral College votes. Biden is inching closer to winning the White House from President Donald Trump.

Fed Chairman Jerome Powell is likely to reiterate the need for fiscal stimulus to help the economy recover.

Joe Biden is leading President Trump by more than 20,000 votes in Wisconsin, where a top official says nearly all the votes have been counted.

Joe Biden told supporters early Wednesday he's confident about winning the election.

Wisconsin has 10 Electoral College votes. Polling averages had indicated a lead for Biden.

About $950 million worth of bitcoin believed to have originated from the site was moved out of a bitcoin wallet, according to Elliptic.

"I don't think people are adhering to lockdown like they were at the start," said David Cain, a consultant for the U.K.'s National Health Service.

European stocks closed higher on Wednesday as investors around the world kept watch on the results of the U.S. election.

Both social media companies added warnings over Trump messages claiming opponents were trying to steal the election.

Michigan and Pennsylvania count Election Day votes before absentee and mail-in ballots, creating the illusion of a large Republican advantage.

With incumbent President Trump already claiming victory with millions of U.S. election votes uncounted, a top German official warned of an "explosive situation."

Former White House spokesman Sean Spicer said Americans may miss U.S. President Donald Trump's policies if he doesn't win a second term in the election.

President Trump claimed victory even though millions of legitimate votes had yet to be counted and races in half a dozen swing states still had not been called.

Investors should tread carefully to avoid being "whiplashed" by ongoing market "confusion," economists have told CNBC.

As the day of the 2020 U.S. election dawns, the whole world is watching with bated breath.

The potential for a protracted contest following Tuesday's U.S. election means European markets may face a more volatile aftermath than in previous presidential races.