Some leading European fintech companies are planning to make Hong Kong their base in Asia, the finance chief has said, touting his recent trip to a global economic forum in Switzerland as a way to expand the city’s network. Financial Secretary Paul Chan Mo-po also said on Sunday that Beijing’s support for collaboration provided stability…
It was what Wall Street wanted. And this week at least, it’s what Wall Street is getting: A market-friendly Donald Trump – talking up policies to boost growth and lower taxes, while dialing back plans to immediately disrupt the world trading order. Despite the protectionist threats of the campaign trail, Trump held off on imposing…
WASHINGTON (AP) — President Donald Trump used an address Thursday to the World Economic Forum to promise global elites lower taxes if they bring manufacturing to the U.S. and threatened to impose tariffs if they don’t. Speaking by video from the White House to the annual summit in Davos, Switzerland, on his third full day…
US President Donald Trump used a virtual appearance at the World Economic Forum in Davos, Switzerland, to air some grievances while making additional tariff threats. This time it was against European Union nations, as he told them to make their goods in America or face penalties. While Trump has delayed his central campaign promise to…
This is Washington Edition, the newsletter about money, power and politics in the nation’s capital. Today, Politics editor Laura Davison looks at President Donald Trump’s message to global leaders at the World Economic Forum. Sign up here and follow us at @bpolitics. Email our editors here. Few of the titans of industry and finance gathered…
President Donald Trump sought to dial up pressure on President Vladimir Putin to negotiate a deal to end Russia’s war on Ukraine by indicating he’s seeking to partner with China to try to reach a settlement. “Hopefully China can help us stop the war,” Trump said during a video address at the World Economic Forum…
Published on Jan 24, 2025 01:08 AM IST President Donald Trump stuns world leaders at Davos, unveiling a game-changing vision for the U.S. economy. Promising to reverse inflation, boost fossil fuel production, and lead in AI and cryptocurrencies, Trump declares a “revolution of common sense.” Markets brace as he hints at broad tariffs while vowing…
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 addressed world leaders gathered in Davos on Thursday. Trump also said he would demand an immediate drop in interest…
Donald Trump hinted at a coming clash with Federal Reserve Chair Jerome Powell and other central bankers as he spoke virtually before the World Economic Forum, saying he would “demand” lower interest rates. “With oil prices going down, I’ll demand that interest rates drop immediately,” he told the crowd of business leaders and politicians gathered…
In a virtual speech broadcast to world leaders at Davos, US President Donald Trump today put forward several pledges for his second term, including promises to battle government spending, “economic chaos” and increased public borrowing. He also spoke about trade, and said he would use tariffs to reshore manufacturing in America – adding that levies…