On Tuesday, Asian shares edged up. MSCI's broadest index rose by 0.46%, Australian stocks edged higher by 0.55%, Japan's Nikkei leapt by 1.63% and shares in China surged by 0.1%.
On Tuesday, Samsung Electronics announced that it would extend LCD production in South Korea for an unspecified period.
On Monday, the share price of Alibaba continued to decline, as the firm's $10 billion buyback failed to ease the pressure of a government investigation.
It was revealed on Monday that the US Congress was set to vote on $2,000 stimulus checks, which were demanded by the US President Donald Trump.
During Monday's US trading hours, crude oil prices remained flat, as the boost from US stimulus was outweighed by expected weak demand.
On Monday, US stock indices reached record high levels, as the US President Donald Trump signed a fiscal stimulus law.
The manufacturing sector of Singapore expanded 17.9% in November, compared to the same period the prior year, the Singapore Economic Development Board reports.
Auto imports to China increased 2.4% to $8.53B in November, while exports rose 11% to $7.77B, a statement published by the China Association of Automobile Manufacturers shows.
Profits of major industrial companies in China increased 15.5% to $111.63B, compared to the prior year, data published by the National Bureau of Statistics show.
The economy of Vietnam expanded 2.91% in 2020, the lowest growth in the past 10 years, a statement published by the General Statistics Office shows.
Vietnam reported exports of $281.5B, imports of $262.4B and a trade surplus of $19.1B, the highest level in five years, data published by the General Statistics Office show.
Shanghai's foreign trade increased 2.25% to $481.6B in the first 11 months of the current year, data published by the Shanghai Customs show.
On Monday, the stock price for Alibaba continues its decline, which was previously caused by the announcement of an antitrust investigation of the company.
On Monday, the UK Cabinet Office Minister Michael Gove stated that most businesses had prepared for the end of the Brexit transition.
As the US Dollar declined in value on Monday, crude oil prices reached higher and touched the $52 level.
On Monday, European stock prices surged, as a Brexit trade deal and US fiscal stimulus boosted all asset prices.
On Sunday, the US President Donald Trump signed a $2.3 trillion pandemic aid package, which should boost stock prices at the opening of the US markets.
On Sunday, Alibaba Group announced that its board had approved an increment in Alibaba's share repurchase programme to $10B.
Official data published on Monday showed that the Japanese factory output growth was flat in November after increasing for five months.
According to the summary of the Dec. 17 to 18 meeting released on Monday, the Bank of Japan board members were divided on the stimulus programme.
On Monday, global equity markets edged higher following news that the US President Donald Trump has signed the $2.3 trillion COVID-19 relief bill and spending package into law.
The dollar index remained stable on Monday after the US President Donald Trump signed into law the $2.3 trillion pandemic aid and spending package.
On Sunday, the US President Donald Trump signed the $2.3 trillion COVID-19 relief bill and spending package into law.
BMW wanted roughly 20% of vehicles sold to be powered by an electric engine by 2023, the company's Chief Executive Officer Oliver Zipse told the German newspaper.