The American EV giant offloaded more than 52,000 of its Shanghai-produced Model 3 and Model Y marques in November, which was slightly down from October

Apparent defaults by China Evergrande and Kaisa Group, whose stock was suspended, cast a cloud over trading floors, but there was positive news over likely impacts of the Omicron Covid variant

If the struggling property developer fails to find $82.5m in interest payments due last month, it would put the group at risk of becoming China's biggest-ever defaulter

The authorities have been trying to attract companies like GoTo Group and travel app Traveloka to list domestically

The mood on trading floors was also lifted by China's central bank moving to limit the fallout from its property debt crisis with an RRR cut and that helped boost Alibaba’s shares by 12%

Disappointing US jobs figures also dragged the mood down on trading floors across the Asia-Pacific region on Monday

The move is being seen as a bid to strengthen China’s dominance of the global supply chain around the strategic metals

Evergrande, with more than $300 billion in liabilities, has already failed to pay coupons worth $82.5 million as it stumbles from debt deadline to debt deadline

Emergence of new Covid variant has put region’s traders on edge while fears over rising prices and Fed tapering persist

Traders were reassured after BioNTech's boss countered Moderna head Stephane Bancel’s warning over the new Covid variant, while oil recovered too

Investor confidence hit after drugs firm boss says current vaccines are likely to be far less effective against the new Covid-19 variant

The Omicron strain’s emergence saw Japan close its doors to international visitors while casino stocks plunged after the arrest of gambling chief Alvin Chau in Macau