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WEF s Online Davos Summit to Begin Sunday; Modi, Jinping Among Listed Speakers Over 6 Days

Prime Minister Narendra Modi and Chinese premier Xi Jinping will be among the top world leaders who will participate in the six-day online Davos Agenda Summit of the World Economic Forum (WEF), beginning on Sunday.

WEF s online Davos summit to begin Sunday; Modi, Jinping among listed speakers over six days

The WEF said there would be 15 special addresses from G20 heads of state and government and international organisations during the summit from January 24-29.

Japanese Stocks Are Soaring What s Behind the Surge

Asia Dow index closed up 1.6%, the Hang Seng Index was up 1%, and the Dow Jones Industrial Average down about 100 points in midday trading. While Covid-19 cases continue to rise around the world, fiscal stimulus measures are supporting consumers and businesses, and several biotechs are on the road to mass distribution of vaccines. But a few recent developments stand out for the Japanese economy and markets. The companies on the Nikkei are exposed to the right geographies and sectors to benefit from the developments. Fiscal stimulus in key areas around the globe is kicking into gear. The U.S. passed a $900 billion fiscal stimulus bill that will provide aid to individuals and small businesses. South Korea President Moon Jae-in confirmed a third round of direct payments, amounting to 9.3 billion won, or about $8.5 billion, to individuals and small businesses would go out in January. Companies on the Nikkei 225 see on average about 13% of their revenues fro

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