China’s presence at Davos is muted this year as it navigates Trump’s tariff threats China Takes a Softer Approach at Davos Amid Trump Tariff Concerns Davos: Back in 2017, Xi Jinping made a big splash at the World Economic Forum, speaking against protectionism right after Trump’s election. Fast forward to now, and things are a…
Trump’s advisers aim to transform a government agency into a major investment tool Trump’s Team Eyes Wealth Fund Strategy for Small Lending Agency Washington: So, Donald Trump is looking to create what he calls “the greatest sovereign wealth fund of them all.” His team thinks a government agency could help pull in a ton of…
Fitch’s new ratings head aims to understand Trump’s impact on US credit ratings by summer Fitch’s New Rating Chief Seeks Clarity on US Policy Under Trump LONDON: So, Fitch’s new head of sovereign ratings, James Longsdon, is diving into how Trump’s second term might shake up the U.S. credit rating. He thinks by summer, they’ll…
Strategists suggest Trump’s proposed tariffs may serve as leverage in trade negotiations, easing fears of a global trade war. Trump’s Tariff Strategy Seen as Potential Negotiation Tactic by Experts Bengaluru: So, it looks like investors are getting a bit anxious about a potential trade war with Trump back in the White House. Some economists think…
The IMF has raised its global growth outlook but warns of increasing economic divergence, especially between the US and Europe. IMF Boosts Global Growth Forecast While Warning of Economic Disparities Washington: The IMF’s chief economist, Pierre-Olivier Gourinchas, recently shared some insights about the global economy. He mentioned that while global growth is expected to rise…
IMF’s Gourinchas cautions that Trump’s policies could lead to rising inflation in the US economy Trump’s Economic Plans May Spark Inflation, Warns IMF Chief Economist Washington: So, the IMF’s chief economist, Pierre-Olivier Gourinchas, just dropped some serious thoughts on Trump’s economic plans. He believes that if Trump goes ahead with his ideas to raise tariffs…
LVMH has reclaimed its position as Europe’s top stock, surpassing Novo Nordisk after a significant drop in the latter’s shares. LVMH Takes Back Title of Europe’s Most Valuable Stock from Novo Nordisk Paris: So, LVMH is back on top as Europe’s most valuable stock, taking the crown from Novo Nordisk after a tough year. It’s…
Investors expect China to allow a gradual yuan depreciation as Trump returns to power, but not excessively due to economic concerns. Markets Anticipate Controlled Yuan Decline Amid Trump’s Second Term SINGAPORE: So, it looks like the financial markets are betting that China won’t let the yuan drop too much as Trump steps back into the…
The Dutch government has decided to exclude ASML’s sales to China from sensitive export disclosures, raising concerns about transparency. Dutch Government Excludes ASML Sales to China from Export Data Amsterdam: So, here’s the scoop. The Dutch government has decided to keep a lot of ASML’s sales to China under wraps. We’re talking billions of euros…
China’s economy grew by 5% in 2024, meeting targets but marking the slowest growth since 1990 outside the pandemic. China’s Economy Achieves 5% Growth Target, Slowest Rate in Decades Shanghai: So, China’s economy grew by 5% in 2024, which is what the government aimed for. But it’s the slowest growth we’ve seen since 1990, not…
