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According to US financial media Semafor, Saudi Arabia is lobbying to host the G20 summit in 2030.
2026-07-28
According to US financial media Semafor, Saudi Arabia is lobbying to host the G20 summit in 2030.
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2026-07-28
MAS warned uncertainty from sustained, large-scale AI investment is a key risk to global growth and financial markets and flagged the longer-term threat of an escalation in the Middle East conflict. The MAS governor said the recent surge in spending
MAS warned uncertainty from sustained, large-scale AI investment is a key risk to global growth and financial markets and flagged the longer-term threat of an escalation in the Middle East conflict. The MAS governor said the recent surge in spending on data centers, chips, compute infrastructure and semiconductor capacity has supported global growth, and that both a continued boom and a sharp Withdrawal of funding would have material effects. A significant pullback could materially weaken global growth; a prolonged AI expansion would influence incomes, demand and inflation. MAS also flagged financial-stability risks from equity, credit and loan-market exposure to unsustainable business models within complex financing structures, which could impair cash flows and tighten credit conditions. It said global growth, investment and market performance are now highly dependent on expectations of continued large-scale data-center and semiconductor investment, notably in US capital markets and in Asia semiconductor-exporting economies.
2026-07-28
The S&P 500 Insurance Index rose 2.3% to a record high.
The S&P 500 Insurance Index rose 2.3% to a record high.
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