US Election Results highlights: We accept the choice the country made, says Joe Biden

US Election Results LIVE: Indian assets remained resilient in the face of the U.S. election results, remaining insulated from the volatility affecting other Asian markets as Donald Trump seemed increasingly likely to reclaim the White House, Bloomberg reported.

The Indian rupee fell only 0.2%, far less than the declines seen in the yen or Korea’s won. India’s benchmark 10-year bond yield remained unchanged, while Indonesia’s rose by 3 basis points and U.S. yields increased by 18 basis points.

The Reserve Bank of India’s strategy of intervening to keep the rupee within a narrow range has shielded the country from global market turbulence, contributing to its bonds being among the best performers in emerging markets this year. The fixed income market has also benefited from an influx of funds following India’s inclusion in global indexes.

US Election Results LIVE: Chinese President Xi Jinping told U.S. president-elect Donald Trump that the two countries must "cooperate" and "enhance dialogue," according to state media.

Xi emphasized that history has shown that China and the U.S. benefit from cooperation and face challenges from confrontation, as reported by state broadcaster CCTV. He called for a "stable, healthy, and sustainable" relationship between the two nations.

US Election Results LIVE: Chinese President Xi Jinping sent a telegram to Donald Trump congratulating him on his election as the next U.S. president, according to China's state-run Xinhua news agency.

US Election Results LIVE: Donald Trump’s election victory raises immediate concerns for Ukraine in its battle against Russia, prompting President Joe Biden’s administration to work quickly in its final days to secure long-term U.S. support.

Trump, who achieved a decisive win in Tuesday’s election, has previously expressed admiration for Russian President Vladimir Putin and dismissed the $175 billion in U.S. aid provided to Ukraine since Russia's 2022 invasion.

The 78-year-old businessman has frequently claimed he could end the war in 24 hours, though he has not detailed how he would accomplish this.

US Election Results LIVE: Abortion rights advocates prevailed on seven ballot measures across the U.S. in Tuesday's election and lost on three.

The losses are the first on statewide reproductive rights ballot measures anywhere in the U.S. since the Supreme Court overturned Roe v. Wade in 2022, a ruling that struck down the nearly 50-year nationwide right to abortion, proving that abortion opponents can win on ballot measures.

There were firsts on the other sides, too: Three amendments call for rolling back abortion bans, including one in Missouri that bars it at all stages of pregnancy with exceptions only under limited circumstances to save the life of the woman.

US Election Results LIVE: US President-elect Donald Trump will soon appoint key personnel and implement policies aimed at making life “affordable, safe, and secure” for Americans, reported Reuters

US Election Results LIVE: Republican Abraham Hamadeh won election to a U.S. House seat representing Arizona on Wednesday. He defeated Democrat Gregory Whitten. Hamadeh is endorsed by presidential nominee Donald Trump and Arizona Senate candidate Kari Lake. He will represent a region that includes suburbs north and west of Phoenix. He’ll be succeeding Republican Rep. Debbie Lesko, who is a staunch Trump supporter and decided not to run for reelection to the state's 8th District seat. The Associated Press declared Hamadeh the winner at 8:58 pm

US Election Results LIVE: On Thursday, Japanese Prime Minister Shigeru Ishiba told reporters that he had spoken with U.S. President-elect Donald Trump, describing the conversation as "very friendly."

Ishiba noted that they agreed to arrange an in-person meeting "as soon as possible," adding that he felt Trump was someone with whom he could have an open and candid discussion.

US Election Results LIVE: U.S. President Joe Biden is set to address the nation on Thursday morning after Republican candidate Donald Trump’s victory, according to Reuters.

Biden personally called President-elect Trump to offer congratulations on his win, as confirmed by the White House.

Additionally, Biden contacted Vice President Kamala Harris, congratulating her on her historic campaign, the White House stated.

US Election Results LIVE: Large U.S. tariffs on China could have an "adverse effect" on Australia, though the Aussie dollar has shown limited response on a trade-weighted basis to Donald Trump’s election win, Bloomberg reported.

"In terms of tariffs we just don’t know how big and who it’ll be applied to," said RBA Assistant Governor Christopher Kent during a parliamentary panel in Canberra. "The big concern is large tariffs on China, which may have an adverse effect on us."

Trump has threatened to increase tariffs to 60% on Chinese goods and 20% on other countries, potentially pushing average U.S. tariffs above 20%, a level not seen since the early 20th century, according to Bloomberg Intelligence. China is a key market for Australia, purchasing nearly a third of its exports and significantly impacting the nation's economic performance.

US Election Results LIVE: Elon Musk’s support for Donald Trump’s decisive victory in securing a second presidency has granted the billionaire entrepreneur significant influence, positioning him to help his companies gain favorable treatment from the government.

Musk contributed at least $119 million to a pro-Trump super PAC, according to federal records, and actively promoted Trump during the critical final phase of his campaign.

This political involvement aligns with a broader strategy to shield his companies from regulation or legal challenges while strengthening their ties with the government, as revealed by Reuters through interviews with six sources familiar with Musk’s companies and two government officials who frequently interact with his businesses. These sources provided a rare glimpse into the strategy behind Musk’s growing political influence.

US Election Results LIVE: South Korean President Yoon Suk Yeol spoke with U.S. President-elect Donald Trump over the phone, discussing the importance of maintaining strong cooperation in both security and economic matters, a senior South Korean official reported on Thursday.

US Election Results LIVE: China extended its respect for the U.S. election outcome and congratulated Donald Trump on his victory, with an official newspaper urging a "pragmatic" approach to managing U.S.-China relations.

Trump, a Republican who has pledged to impose heavy tariffs, reclaimed the White House in a decisive win over Democrat Kamala Harris in Tuesday’s election.

In an editorial published Wednesday, the state-run China Daily suggested that Trump’s second term could signal a "new beginning in China-U.S. relations if the chance that has been offered is not wasted."

US Election Results LIVE: For the third consecutive U.S. presidential election, opinion polls underestimated Donald Trump’s support, initially forecasting a close race with Kamala Harris. However, Trump ultimately gained an edge over the vice president in several battleground states.

Experts noted that Trump’s victory was driven by growing support across various demographics and regions. Pollsters, however, struggled to accurately predict outcomes in states where results had shifted significantly compared to the 2020 election.

US Election Results LIVE: In a brief statement on social media platform X, California governor Gavin Newsom vowed to work with the news administration but added that the fight for freedom would go on.

He also praised Vice President Kamala Harris and her campaign, saying, “Kamala Harris set out to fight to defend our fundamental freedoms and build a country that works for everyone. She stood up for working families, decency, and opportunity.”

He added, “California will seek to work with the incoming president -- but let there be no mistake, we intend to stand with states across our nation to defend our Constitution and uphold the rule of law.”

US Election Results LIVE: In the wake of Donald Trump's victory in the presidential elections, Bill and Hillary Clinton released a joint statement, noting that the election did not define America.

In their statement they said, “We need to solve our problems and seize our opportunities together. The future of our country depends on it.”

They also congratulated Kamala Harris and Tim Walz for running a “positive, forward looking campaign” and hoped that the Trump-Vance administration would govern for everyone.

US Election Results LIVE: New Zealand prime minister Christopher Luxon congratulated Donald Trump on his victory while also looking back at the positive relationship between the countries under Joe Biden's tenure, reported news agency AP.

Luxon said, “The US is one of our most important partners, our second largest export destination, and a major source of global innovation and growth. Our long-standing cooperation both bilaterally and in our region has helped ensure our prosperity and security.”

He added, “I would like to commend the vibrant relationship between our two countries and the breadth of cooperation we have enjoyed during President Biden’s tenure. I admire his dedication to public service and the American people.”

US Election Results LIVE: President-elect Donald Trump has accepted Joe Biden's invitation to the White House to discuss the transition between administrations, reported The Guardian.

A statement from the Trump campaign communications director Steven Cheung said, “President Trump looks forward to the meeting, which will take place shortly, and very much appreciated the call.”

US Election Results LIVE: President Biden released a statement after the Democratic loss in the elections and paid tribute to Vice President Kamala Harris, calling her a “tremendous partner and public servant”, reported The Guardian.

“What America saw today was the Kamala Harris I know and deeply admire. She’s been a tremendous partner and public servant full of integrity, courage, and character,” Biden said.

He also stated that choosing Harris to become the Democratic nominee was the best decision he had made.

“Her story represents the best of America’s story. And as she made clear today, I have no doubt that she’ll continue writing that story. She will continue the fight with purpose, determination, and joy. She will continue to be a champion for all Americans,” he added.

US Election Results LIVE: Melania Trump, former First Lady, took to social media platform X to express her gratitude after her husband Donald Trump won the US presidential elections.

In her post she said, “The majority of Americans have entrusted us with this important responsibility. We will safeguard the heart of our republic – freedom. I anticipate the citizens of our nation rejoining in commitment to each other and rising above ideology for the sake of individual liberty, economic prosperity, and security.”

She also stated that the new administration would work for the growth of the nation by empowering American energy, skill and initiative.

US Election Results LIVE: Republican and former Olympic swimmer Caitlyn Jenner posted a photo with Donald Trump and Elon Musk at Mar-a-Lago on social media platform X, with a caption stating that “hope is back” after Trump won the elections.

“Hope is back in America. These two men [Donald Trump and Elon Musk] will single-handedly save western civilization and that starts with a strong United States of America. I am here and at your service and forever indebted to your sacrifice for this country. Let’s Make America Great Again!” she said in her post.

US Election Results LIVE: Former House Speaker Nancy Pelosi issued a statement praying for America's success under the next administration, though she did not mention Donald Trump, reported news agency AP.

“The peaceful transfer of power is the cornerstone of our democracy. After every election, we all have a responsibility to come together and find common ground," she added in her statement.

Pelosi was also seen at Howard University during Kamala Harris's concession speech.

US Election Results LIVE: In a video message uploaded to social media platform X, Elizabeth Warren said that Donald Trump's victory will have consequences that are “real and devastating”.

“I will not ask you to look for any silver linings. I will not ask you to feel anything but grief right now. Donald Trump won the election, and the consequences will be real and devastating," she said, while adding that there will be opportunities to fight back.

Warren said, “The far right wants us to feel powerless. Extremists are counting on apathy, cynicism, heartbreak, or all of the above as their rocket fuel. They are counting on us to point fingers at each other and to lose trust in our ability to ever, ever make change. I absolutely refuse to give them that satisfaction.”

US Election Results LIVE: Barack and Michelle Obama have released a statement, stating that though the result of the elections was unexpected, in a democracy one's point of view cannot always win, reported The Guardian.

They addressed the supporters of the Democratic campaign and said that there was a need to listen to each other and work towards solutions to the problems faced by America today. They also asked people to extend “goog grace and faith” to those they might disagree with.

The statement also thanked Kamala Harris and Tim Walz for their work as “extraordinary public servants who ran a remarkable campaign”, and took time to congratulate Donald Trump and JD Vance on their win.

US Election Results LIVE: Former Vice President Mike Pence took to social media platform X to congratulate Donald Trump, JD Vance and the entire Republican contingent for their performance in the elections.

In his post he said, “The American people have spoken and Karen and I send our sincere congratulations to President-Elect Donald Trump and his family on his election as 47th President of the United States. We also send our congratulations to Vice President-Elect J.D. Vance and his family on his election as Vice President of the United States.”