The fast spread of the Omicron variant of the coronavirus is also weighing on markets as US hospitalisations due to COVID-19 reached a record high on Monday.MSCI's broadest index of Asia-Pacific shares outside Japan slipped as much as 0.3 percent before trading steady.

Apple has topped a $3 trillion market valuation, proving to be one of the most lucrative bets Berkshire Hathaway (Warren Buffett's conglomerate) has made in the last decade. It is of note, however, that Buffett was initially averse to this tech stock. But thanks to Todd Combs and Ted Weschler, Buffett's investing deputies, he changed his mind. Now, Berkshire Hathaway is Apple's largest shareholder, outside of exchange and index traded fund providers. In fact, Buffett has called Apple Berkshire's third-largest business, changing his tune from calling iPhone a "sticky" product. From Coca Cola to American Express, here are Warren Buffett's other profitable investments. 

In the latest FOMC meeting, Federal Reserve officials intensified their battle against the hottest inflation in a generation by shifting to end their asset-buying program earlier and signalling they favour raising interest rates in 2022 at a faster pace than expected.

In this episode of ‘Commodity Champions’, Boubaker Ben-Belhassen, Dir - Trade & Mkts of UN FAO decode food price index and David Tait, Global CEO of World Gold Council talks about gold and outlook for gold in 2022.