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Bieber takes home Favorite Pop/Rock Male Artist title before Swift receives Favorite Country Female Artist and Nicki Minaj follows by getting Favorite Rap/Hip-Hop Album.
The 'Mean' singer dazzles in a short dress with gold beadwork detail and an open back, while the 'Call Me Maybe' hitmaker looks chic in a Gomez Garcia dress with plunging neckline.
The young stars, who had a summer fling earlier, reportedly held hands on the set of 'The X Factor (US)'.
Sporting boyish look, Taylor debuted her new song live during the result show of the singing competition on Thursday, November 15.
The 'Begin Again' singer is in her third week at the top of the chart, Ne-Yo exceeds sales expectations for his album, and rockers Aerosmith land on the top 5.
Other big stars namely Britney Spears, Christina Aguilera, Demi Lovato and Carly Rae Jepsen will personally thank donors who participate in the telethon to benefit New Jersey relief efforts.
The 'Mean' hitmaker insists she is not the type of over-controlling girlfriend, explaining, 'If I feel too much like I'm wearing the pants, I start to feel uncomfortable, and then we break up.'
Bieber and Swift dominated the awards night held in Frankfurt on Sunday, November 11 with fans casting a record 184 million votes online.
Rita Ora and Alicia Keys also become center of attraction with the former making a grand entrance with her statement gown and the former rocking an 'optical illusion' dress.
The country-pop chart topper will welcome 2013 with a performance in front of an estimated 1 million-strong crowd in Times Square on Monday, December 31.
The 'Mean' hitmaker and the One Direction star fuel dating rumors after they were pictured wearing matching necklaces.
Not everything ends between the country crooner and her former flame because they may bump to each other later this year.
The 'Begin Again' singer still reigns supreme at the Billboard 200 chart this week with her million-selling album 'Red' while rapper Meek Mill's 'Dreams and Nightmares' lands at no. 2.
Taylor performs 'Begin Again', Kelly teams up with Vince Gill to sing 'Don't Rush', and Carrie plays 'Blown Away' at the live telecast of the 46th annual Country Music Association Awards.
Other guests include Miranda Lambert and her husband Blake Shelton, Sugarland's Jennifer Nettles with her baby bump, and Jason Aldean who is accompanied by his wife.