South Korea's new coronavirus cases fell below 6,000 for the first time in six days on Monday due partly to less testing over the weekend, but the number of new critically ill patients neared 1,000.
The US continues to be the worst-hit country with the world's highest number of cases and deaths at 50,846,828 and 806,439, according to the CSSE.
EU members will receive an additional 20 million doses of the Pfizer-BioNTech vaccine in the first three months of next year
Oil prices slumped by about 2% early on Monday as surging cases of the Omicron coronavirus variant in Europe and the United States
Germany is tightening travel restrictions for people coming from Britain in response to the rapid spread of the omicron variant there.
Israel's prime minister on Sunday called on parents to vaccinate their children against the coronavirus as the new omicron variant showed signs of spreading
A seasonal lack of liquidity made for a bumpy start and S&P 500 futures led the way with a 0.7% drop, while Nasdaq futures shed 0.6%.
Another 12,133 Omicron cases have been recorded in the UK, the biggest daily increase since the Covid-19 variant was detected in the country
Analysts said FPIs started taking some money off the table ever since indices hit new all-time highs and valuation discomfort emerged
Health experts have warned of "viral blizzard" in the US as the new Omicron variant is spreading rapidly nationwide and has already been detected in at least 41 states.
CNN is sending all of its nonessential employees to work from home amid a spike in coronavirus cases, network President Jeff Zucker said in a memo.
Domestic equities will be mainly driven by global market trends, foreign institutional investors' movement and developments around new Covid variant Omicron this week, according to analysts.
South African labs have been critical to combating the coronavirus
Using a combination of RT-PCR tests with Rapid Antigen Tests (RAT) helps detect more cases faster during a surge in cases, in remote areas with little access to RT-PCRs and in Covid-19 hotspots
Nations across Europe are moving to reimpose tougher measures to stem a new wave of COVID-19 infections spurred by the highly transmissible omicron variant, triggering calls for protests
The Centre has warned it is likely that the spread of the new variant will outpace the Delta variant where there is community transmission.
London Mayor Sadiq Khan announced on Saturday an emergency over the spread of the Omicron coronavirus variant.
Confirmed Omicron-variant Covid-19 cases in UK hit 24,968 as of 1800 GMT on Dec. 17
The Dutch government has announced a stricter lockdown out of fear for the rise of the Omicron variant of Covid-19 in the country
PHDCCI on Saturday emphasised on the need for the Centre's continuous handholding of the economy to mitigate the uncertainty caused by the looming impact of new Covid variant Omicron.