Davos
Saudi US$600 billion package with US includes investments, procurement: minister
SAUDI Economy Minister Faisal Alibrahim said on Friday (Jan 24) that the kingdom’s US$600 billion expanded package with the US includes investments as well as procurement from the public and private s...
India’s Maharashtra gets US$200 billion investment vows at Davos
THE home state of India’s financial capital signed investment pledges worth US$200 billion at Davos, with a majority coming from foreign investors, said Maharashtra’s chief minister on Thursday (Jan 2...
Trump urges lower oil prices, interest rate cuts at Davos
PRESIDENT Donald Trump said he would ask Saudi Arabia and other Opec nations to “bring down the cost of oil” and reiterated his threat to use tariffs to bring manufacturing back to the US as he addres...
Trade wars sparked by Trump tariffs would be ‘catastrophic’: WTO chief
THE World Trade Organization (WTO) chief said on Thursday (Jan 23) that any tit-for-tat trade wars prompted by US President Donald Trump’s tariff threats would have catastrophic consequences for globa...
One by one, world leaders in Davos fall in line in Trump era
They signal they’re ready to play by Trump’s rules
Tariffs will leave everyone worse off, Bundesbank chief warns
GERMANY’S top central bank warned against trade levies, a day after US President Donald Trump reiterated a call for the European Union to buy more American oil and gas if the bloc wants to avoid tarif...
JPMorgan’s Dimon sees inflated stocks as ‘animal spirits’ return
Dimon reiterated that he remains cautious about global deficit spending, the potential for persistent inflation and geopolitical issues
ECB policymakers line up behind further interest rate cuts
Having cut rates four times already in response to weak growth and falling inflation, the ECB is expected to keep moving quickly in 2025
China does not pursue a trade surplus, willing to balance trade: vice-premier
Ding said protectionism leads to nowhere, and there are no winners in a trade war
Aramco chief expects additional oil demand of 1.3 million bpd this year
Oil demand this year will approach 106 million barrels per day after averaging about 104.6 million barrels per day in 2024
