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22.01.2025 15:14
Mizuho Financial President & Group CEO at Davos Mizuho Financial Group Inc. is aiming for a net income of 1 trillion yen ($6.4 billion) over the next three to four years, according to the Japanese bank’s chief executive officer. Masahiro Kihara told Bloomberg Television on the sidelines of the 2025 World Economic Forum in Davos, that domestic corporate banking, asset and wealth management and global and corporate and investment banking would all contribute to growth. (Source: Bloomberg)

22.01.2025 15:53
Supercharging a New Finance Hub in the Middle East H.E Khalid Al-Falih, Minister of Investment, Kingdom of Saudi Arabia and Jenny Johnson, President and CEO, Franklin Templeton, join Bloomberg’s Sepideh Shokrpour at Bloomberg House in Davos to discuss Saudi Arabia’s emergence as a transformative hub at the crossroads of East and West. (Source: Bloomberg)

22.01.2025 16:04
RBI’s Dollar Sales May Net Modi Government Bumper Dividend Again India’s falling currency may still have a silver lining for its federal government. Analysts are penciling in another year of windfall dividend by the Reserve Bank of India courtesy the profits earned on selling massive amounts of dollars in its attempt to support the rupee.

22.01.2025 16:11
22.01.2025 16:28
UBS CEO Warns Policymakers Not to Ignore Risk of High Debt Level Policymakers trying to predict the next financial crisis should spend more time thinking about high levels of government debt than obscure market risks, Sergio Ermotti, Chief Executive Officer of UBS Group AG, told an audience at the World Economic Forum on Wednesday.

22.01.2025 16:37
China Stocks Get Hit as Trump Revives Tariff Threats The dash of optimism yesterday about Trump’s approach to China has been punctured by the latest comment that he’s still considering 10% tariffs. True, it’s not as bad as his previous talk about 60% tariffs. But it was enough to cause investors to sell Asian stocks. The CSI 300 Index sank for the first time in five days, while in Hong Kong, the Hang Seng China Enterprises Index lost 2% to be the worst performer in the region. The yuan led declines in emerging Asian currencies.The backdrop for Chi


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