Scott Bessent says U.S. is unconcerned by Treasury sell-off over Greenland, calls Denmark ‘irrelevant’
U.S. treasury secretary Scott Bessant addressed reporters at a news conference at the World Economic Forum on Wednesday.
UK inflation rises to 3.4% in December, above forecasts
The U.K. inflation rate rose to 3.4% in December, above forecasts of 3.3% from economists polled by Reuters.
CNBC Daily Open: Investors flee from the U.S. as Trump doubles down on Greenland
Markets on Tuesday flashed the classic signs of a “sell America” trade, as investors recoiled from escalating risks tied to Washington’s foreign policy.
Gold breaks new record on Greenland tariff threats — $7,000 level on the cards
Gold prices climbed to another record of over $4,800 on Wednesday, extending its sharp rally.
China says trade deal with U.S. will ‘drain Taiwan’s economy’ for American benefits
China doubled down its rhetorics on the trade agreement between Taiwan and the U.S., saying it would benefit Washington while eroding the island’s strategic advantages.
South Korea court sentences ex-PM Han to 23-year jail term in case related to martial law
Han was considered instrumental in setting up the outward appearance of a cabinet meeting that facilitated the martial law declaration, a judge said.
CNBC’s UK Exchange newsletter: A diplomacy tightrope for Britain’s Starmer after Trump’s tirades
U.K. PM Keir Starmer is treading a fine line in diplomacy — and appears to be banking on Britain’s “special relationship” with the U.S. to deliver a compromise.
European stocks close flat following Trump’s Davos speech, mining names rise
European stocks pared earlier losses Wednesday to close flat, as the prospect of a U.S.-Europe trade war continued to weigh on investor sentiment.
Deutsche Bank declares ‘the honeymoon is over for AI’ — here’s why
2026 will be its hardest year yet for artificial intelligence, according to analysts at the investment bank.
Aramco CEO: No supply glut
“Energy demand is robust,” Amin Nasser, the CEO of Aramco told CNBC’s Dan Murphy in an exclusive interview at the World Economic Forum in Davos.
