The United States Customs and Border Protection (CBP) has banned imports from Malaysian glove manufacturer Brightway Group over suspected forced labour practices, the agency said on Monday.

The European Union said on Monday a Polish law that critics say aims to silence a news channel critical of the government poses severe risks to media freedom and pluralism.

Sherborne Investors, led by activist investor Edward Bramson, said on Monday one of its funds had built a stake of about 16% in U.S.-based Navient Corp, which provides student loan management services.

Global investors favoured safe-haven currencies over risk-sensitive ones on Monday on concerns further curbs could be imposed in Europe to contain the Omicron variant, while the dollar was supported by the U.S. Federal Reserve's hawkish stance.

Currencies including the Australian dollar and British pound fell on Monday on fears further curbs could be imposed in Europe to contain the Omicron coronavirus variant.

South Korea expects the economy to grow steadily in 2022, as domestic demand rebounds and export sales remain strong, but said it would continue to provide fiscal stimulus to help accelerate the pace of the recovery.