The chief executive of Norway's $1.8 trillion sovereign wealth fund, one of the world's largest investors, said on Thursday that inflationary pressure in the United States was one of the biggest risks to financial markets this year.

The boss of the $1.8 trillion wealth fund told investors to take a contrarian approach, even if it leads others to questioning your sanity.

LIVE: Follow The Hindu’s updates of Day 4 of the World Economic Forum 2025, in Davos, Switzerland, on January 23, 2025

Nicolai Tangen, CEO of Norway's sovereign wealth fund, warns that inflation in the United States poses a risk to financial markets. He also highlights global sovereign debt levels as a concern, suggesting investors may soon demand more to finance governments.

The oil fund, as it is known at home, is the world’s biggest single owner of public equities, with shares in almost 9,000 companies globally. It was established in the 1990s to invest Norway’s petroleum wealth and is largely an index-tracker, working according to a strict mandate from the country’s Finance Ministry.

EUROPEAN shares closed higher on Thursday, buoyed by President Donald Trump’s address to the World Economic Forum in Davos, while declines in heavyweight technology stocks tempered gains. Read more at The Business Times.

This is a collection of photos chosen by AP photo editors. Sean Hepburn Ferrer, the son of the late Audrey Hepburn, shared his thoughts on Ivanka Trump wearing a dress originally designed for his mom to Donald Trump’s 2025 Inaugural Ball.

A speech by the U.N. chief, economic growth potential in places like China and Russia, the challenges of artificial intelligence and leaders from Spain to Malaysia are set to headline the agenda at the World Economic Forum’s annual event in Davos.

Switzerland's Economy Minister Federal Councillor Guy Parmelin, from left, Thailand's Minister of Commerce Pichai Naripthaphan, Norway's Minister of Trade and Industry Cecilie Myrseth, Prime Minister of Thailand Paetongtarn Shinawatra,

The chief executive of Norway's $1.8 trillion sovereign wealth fund, one of the world's largest investors, said on Thursday that inflationary pressure in the United States posed a risk to financial markets this year.

Google is set to enhance its footprint in Thailand by constructing a new cloud data centre in Chon Buri, announced Google's president.

By Divya Chowdhury and Bansari Mayur Kamdar DAVOS, Switzerland (Reuters) - Despite watching Bitcoin's scorching run past $100,000 and the inauguration of Donald Trump, who has pledged to be a "crypto president" in the U.