The New York Stock Exchange's move to delist three Chinese companies has drawn ire from China, but analysts say Beijing won't likely take significant action.
Singapore and Vietnam have been successful in controlling Covid and are likely to keep the situation contained next year, said HSBC's Joseph Incalcaterra.
Cardin brought geometric shapes to haute couture and put his name on everything from clothing to perfume to pens during his more seven decades in fashion.
China's official manufacturing Purchasing Managers' Index (PMI) for December came in at 51.9, according to data from the National Bureau of Statistics.
Alibaba recently saw more than $100 billion of its market cap shaved off in two sessions as the tech giant and its affiliate Ant Group face regulatory scrutiny.
Australia's gross domestic product (GDP) could be hit by as much as 2.8% due to the escalating trade tensions with China, according to Capital Economics.
Shares of Chinese tech giant Alibaba in Hong Kong were in the spotlight once again on Monday, after Chinese regulators ordered Alibaba-affiliate Ant Group to rectify its businesses.
The rapid spread of Covid — which was first detected in China — forced many countries into months of lockdown that markedly reduced economic activity in 2020.
Many investors had said that Asia has one of the best economic prospects next year thanks to its relatively better control of the coronavirus outbreak.
Checked
7 minutes 49 seconds ago
Read the latest stock market news and analysis on Asia Pacific in regions from Japan, China, Singapore, Australia, to New Zealand. Find business; finance; economy, stocks, and global economy news on CNBC's Asia Pacific page.