Hong Kong markets are set to benefit from the reopening of the Chinese economy, despite Beijing's disappointing annual GDP growth rate in 2022, according to HKEX Chairman Laura Cha.
Bitcoin has begun 2023 on a positive note. The token climbed above $21,000 on Saturday for the first time in two months, and is now up 28% month-to-date.
Some 73% of CEOs think global growth will decline in the next year, which is the most pessimistic outlook in 12 years, according to a new survey by PwC.
Moderated by CNBC's Steve Sedgwick, top business leaders discuss at Davos, Switzerland, how financial actors respond to ongoing disruptions while keeping pace with technological advancement.
Adar Poonawalla, chief executive of the world's largest vaccine manufacturer, said China needs to "open... up to healthcare and vaccines from the West."
Chris Coons discussed U.S. aid being given to Ukraine following Russia's invasion while Joe Manchin called for American energy independence, an attendee said.