US PRESIDENT-ELECT Joe Biden is expected to nominate Janet Yellen, the first woman to lead the Federal Reserve, to be the next Treasury secretary, according to people familiar with the decision....

[HONG KONG] Hong Kong shares closed on a positive note Tuesday as Joe Biden was allowed to begin his transition into the White House, though concerns about a fresh virus spike in the city tempered...

[SEOUL] South Korean shares ended at a record high on Tuesday, with Samsung Electronics leading gains, as Covid-19 vaccine developments and US President-elect Joe Biden receiving formal approval...

[WASHINGTON] President Donald Trump said on Monday he no longer opposes government aid for Joe Biden's transition team in his closest statement yet to finally conceding he lost the US election....

[NEW YORK] US President Donald Trump may still be trying to overturn Joe Biden's election win, but the business world - including some Trump backers - is looking ahead towards the new Democratic...

[WASHINGTON] President-elect Joe Biden will nominate former Federal Reserve chair Janet Yellen to head the US Treasury, a financial source with knowledge of the decision said Monday - a choice...

[BRUSSELS] US President-elect Joe Biden spoke with the heads of the European Union institutions and Nato on Monday in a round of calls seen as part of his efforts to repair tattered transatlantic...

[WASHINGTON] President-elect Joe Biden plans to nominate seasoned diplomat Antony Blinken as his secretary of state, a decision likely to signal a return to multilateralism after Donald Trump's...

[WASHINGTON] Advisers to President-elect Joe Biden are planning for the increasing likelihood that the United States economy is headed for a "double-dip" recession early next year. They are...

[WASHINGTON] Twitter will hand control of the presidential @POTUS account to Joe Biden when he is sworn in on inauguration day, even if President Donald Trump has not conceded his election loss,...