Author: Editor-In-Chief

“Denmark’s investment in U.S. debt is as irrelevant as Denmark itself,” U.S. Treasury Secretary Scott Bessent told reporters at Davos on Wednesday.The “Sell America” ​​trade kicked into high gear on Tuesday after President Donald Trump and European leaders escalated tensions over Greenland. U.S. stock and bond prices fell and yields soared. This followed President Trump’s threat to impose 10% tariffs on eight European countries as part of his push to take over Greenland, which spooked markets. President Trump said the levy would go into effect on February 1 and increase to 25% thereafter. However, European holdings of US debt have…

President Donald Trump is scheduled to speak at the World Economic Forum on Wednesday, directly addressing an audience nervous about escalating aggression against Greenland, an allied territory.President Trump’s speech is scheduled to begin at 8:30 a.m. ET. The White House said the speech will be scheduled for a meeting with other world leaders attending a five-day summit in Davos, Switzerland.President Trump, who faces a tough midterm election cycle centered on concerns about Americans’ cost of living, previously said he would speak at Davos about proposals to make housing more affordable.But what is already attracting attention is his increasingly belligerent stance…

A day after President Donald Trump repeated his threats against the Middle Eastern country, Iranian Foreign Minister Abbas Aragushi warned the United States that Iran would “retaliate with all its might if exposed to new attacks.”Araguchi’s warning came in an opinion piece published in the Wall Street Journal on Tuesday.Recommended stories list of 3 itemsend of list”Our powerful military will have no hesitation in fighting back with all its might in the event of a new attack,” he wrote, referring to the 12-day war Israel launched against Iran last June.The Foreign Secretary insisted this was not a “threat” but “a…

Emma Raducanu says she is ready to re-evaluate her game after losing to Anastasia Potapova in the second round of the Australian Open on Wednesday.For Melbourne, Raducanu missed out on pre-season play with a foot issue and didn’t return to the court until late December. She looked lacking in competitiveness against Maria Sakkari in the United Cup, and although she defeated Camila Osorio in the opening match in Hobart, she was subsequently defeated by world No. 204 Tyra Preston. Use Chrome Browser for a more accessible video player Raducanu lost in straight sets to Anastasia Potapova at the Australian Open…

This report is from CNBC’s The China Connection newsletter this week, delivering insights and analysis on the powerhouse of the world’s second-largest economy. You can subscribe here.big storyChina is transitioning from a global exporter to an investor, precisely in the region that the United States is focusing on.One of China’s immediate concerns has been local investment this year, as President Donald Trump has increased U.S. influence in Venezuela, Iran and Greenland.Speaking at Davos on Tuesday, Chinese Vice Premier He Lifeng appealed to world leaders to provide a fair and predictable environment for Chinese companies operating overseas.Significant investments in factories and…

NANJING, CHINA – NOVEMBER 25: Aerial view of Alibaba Jiangsu headquarters at night on November 25, 2025 in Nanjing, Jiangsu Province, China. (Photo provided by Fang Dongxu/VCG, Getty Images)Video Visual China Group | Getty ImagesAs companies like Alibaba and ByteDance race to turn chatbots into full-service shopping and payment tools, Chinese tech giants are entering a new phase of the artificial intelligence race called “proxy commerce.”Alibaba last week updated its Qwen AI chatbot to allow users to complete transactions such as ordering food or booking flight tickets directly within the interface.The upgrade connects Qwen to Alibaba’s extensive e-commerce ecosystem, allowing…

On January 21, 1976 a teenage John Tye was among crowds of onlookers clinging to a chain link fence, cheering as the first commercial British Airways Concorde flight departed from London’s Heathrow airport. Tye was exhilarated, amazed and inspired as he saw this sleek, supersonic airplane of the future climb into the skies and make history. Little did Tye know some 20 years later, he’d be sitting in the Concorde flight deck for the first time, pinching himself that his teenage dream was coming true. Tye vividly recalls his first moments flying Concorde. Sure, he’d gone through extensive training, he’d…

Emma Raducanu’s Australian Open ended in the second round with an error-filled loss to Anastasia Potapova.The British number one had hoped for a rematch with world number one Aryna Sabalenka, but fell from a promising ranking and lost 7-6 (7-3) 6-2. It’s no surprise that Raducanu was below his best here, having suffered a foot injury during pre-season and arrived in Melbourne without a match or preparation. Instagram This content is provided by Instagramcookies and other technologies may be used. To view this content, you must allow cookies. You can change the settings and enable it using the buttons below.…

CHONGQING, CHINA – JANUARY 16: An old man walks down a street with high-rise residential buildings under construction in the background, with tower cranes and overhead power lines visible, on January 16, 2026 in Chongqing, China. Chen Xin | Getty Images News | Getty ImagesFitch Ratings warned that the sharp downturn in Chinese investment is amplifying credit risks across the economy, particularly in the homebuilding, real estate, banking and construction sectors, and that the economic slowdown is weighing on China’s growth and ability to service its debt. China’s fixed asset investment (FAI) will fall by 3.8% to 48.52 trillion yuan…

Wall Street is experiencing its worst day since October as President Trump doubles down on his threat to seize Greenland.Stock markets and the US dollar have fallen following US President Donald Trump’s latest threat to take control of Greenland, spooking investors around the world.Trump’s threat to impose hefty tariffs on Denmark and seven other European countries unless a deal is reached to sell the territory appears to have spooked markets, as President Trump claims Greenland is critical to U.S. national security because of China and Russia’s strategic ambitions in the Arctic.Recommended stories list of 4 itemsend of listWall Street’s benchmark…