Davos elites see great risk ahead for markets with a looming deadlock in US debt

DAVOS, Switzerland — Finance and technology CEOs meeting at the World Economic Forum this week expressed moderate optimism about the economy in 2023 — but at least one major risk…

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Credit Suisse’s CEO says outflows have declined “very significantly” as the review progresses

Switzerland’s second largest bank, Credit Suisse, is seen here next to a Swiss flag in downtown Geneva. Fabrice Cofrini | AFP | Getty Images Credit Switzerland is seeing a sharp…

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China’s economy will be “on fire” in the second half of 2023, says chairman StanChart

Standard Chartered Bank (SCB) in downtown, brand logo and office building in Shanghai. Andy Feng | iStock Editorial | Getty Images China’s economy will be “on fire” in the second…

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A $1.4 trillion destruction hits the crypto industry at WEF

There were fewer crypto companies along the Davos Promenade in 2023 than in previous years after the market crash. Circle, the company behind the stablecoin USDC, was one of the…

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